After the 2008 crisis ended, many investors were encouraged to buy a property with the aim of obtaining a good return on it over time. The problem is that, in many cases, they have not found the perfect moment to put it up for sale or rent. However, there is no point in waiting any longer. What is important is to start making financial gains as soon as possible and make a profit. There are many options to achieve this.
The profitability of your property is based on three factors.
The condition of the property: Obviously, the price for a tastefully decorated and ready to move in property isn't the same as one that needs a complete renovation. Customers who are in a hurry to buy or rent are usually willing to pay more and especially appreciate being able to move in as soon as the contract is signed.
Location: the property's location is currently one of the most influential factors when valuing it. The historic centres and the surroundings of the beaches are the most valued. But, in addition, those interested in investing and buying especially appreciate those properties that are located within closed residential complexes with private security, sports facilities and gardens. All this increases their value.
Usage: here you will have to define whether it is a property that you want to sell, rent to tourists, or rent it out long term, for example. You should also consider those properties that are specifically for commercial use only.
How can Engel & Völkers help you obtain profitability from your property?
In particular, they will manage the entire process of finding and mediating suitable tenants for the property based on your preferences and needs. Please note that this team has a wide range of clients at its disposal locally, nationally and internationally, so the process will be carried out in a very short time.
However, this team of collaborators not only manages the rental of residential properties, but also takes care of commercial premises, restaurants and offices. Therefore, if your property is for business purposes, you will also find solutions adapted to your case.
Aside from private owners, we also target national and foreign investors who are especially interested in the Spanish real estate market. Dealing with these clients is possible thanks to the Investment division of Engel & Völkers, which carries out market analysis in order to know the most profitable real estate assets. This can mean an extra bonus in terms of the financial return you will get for your property and a faster process of buying and selling. In short, if you were encouraged to invest in a property some years ago and have decided that it is time to make a financial return by selling or renting it, contact Engel & Völkers. You will get personalised advice and fast and effective solutions based on your needs.
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Your Engel & Völkers Team
Avenida Diagonal, 640, 6º08017 BarcelonaSpain
Phone +34 935 15 44 55