In This Post:
Rising Demand of Houses in Karachi
Quicker Investment Returns
Rewarding Project to Buy a House in Karachi
The city of Karachi, which is the country’s biggest and most productive economic hub, has always been a hotspot of real estate development. Its urban landscape has grown exponentially over the past few decades, turning it into a megalopolis. After the real estate investment shift from plots to highrises in recent years, Karachi has witnessed fast-paced growth and the property market of the city now offers a plethora of investment options, catering to a wide range of investors.
However, property investment in a city as big as Karachi can be a tricky business, especially if someone is unaware of the local real estate trends. People commonly choose between plots and houses, depending on their personal preferences. But, needless to say, there are definitely some other prominent factors related to the price rise and demand-and-supply equation that every potential investor should carefully consider while going ahead with their investment decision.
With the help of an in-depth analysis of the market behavior in the past few years on the basis of the data collected from Zameen.com—Pakistan’s most reliable property search portal, we’ll now explain to you why you should invest in a house instead of a plot, especially if you are someone who is seeking an opportunity with quicker investment returns.
So, let’s get the ball rolling!
Rising Demand for Houses in Karachi Evidently Overshadows the Demand for Plots
According to the search trends recorded between 2018 and 2020, the demand for ready-made houses in Karachi has soared dramatically, rising up by a staggering 123%. Among all the available types of houses in the city, the search volumes for 120 sq yd residential units have increased the most. They have gone up by 35%, which is higher than the 17% and 13% increase for 250 and 500 sq yd houses, respectively.
On the other hand, a nominal increase of 14% has been observed in the demand for 120 sq yd plots in Karachi. The fading popularity of vacant land in the city is mainly due to the fact that, in most cases, investing in a plot comes with many inevitable risks and problems such as zoning regulations as well as different types of litigation issues. Plus, investing in a piece of land may not offer you investment returns as quickly as in the case of buying an already built house.
Buying Ready-made Houses May Translate into Faster Investment Returns
Purchasing a plot is often classified as a medium-term or a long-term investment, which requires a lot of time and effort before it starts yielding any profits. Buying a house, on the other hand, can be taken as a short-term and highly-profitable investment option, which often translates into immediate investment returns when converted into a rental property.
As per Karachi’s rental market practices, if you invest in a 125 sq yd house, you’ll get to enjoy an annual rental yield of 4.5% on average. This is one of the most prominent benefits of buying a ready-built house in the city, which suits the short-term investors in every sense. Also, the importance of rental yield in real estate should never be underestimated because it has the potential to significantly fuel up your property investment growth down the road.
Investor’s Tip: It is to bear in mind that the value and condition of the built structures may start to deteriorate with time and you may need to get it maintained from time to time. But, these expenses would not bother you if your owned property is fetching you a good rental income, which usually increases with time, keeping in view Karachi’s rental market trends.
What Makes Oasis Park Residencia the Most Promising Project to Buy a House in Karachi?
Elevating the concept of luxury living, Oasis Park Residencia is undoubtedly a jewel in the crown of the real estate market of Pakistan’s largest city. Zameen.com serves as a proud sales partner of one of the most successful ventures by BRB Properties—a highly renowned name in the industry.
Experience Life Beyond the Ordinary in Exquisite Villas
Oasis Park Residencia, Karachi, sets a new benchmark for offering 120 sq yd impeccably-designed villa-style dwellings, uniquely classified into three categories: Cordoba, Valencia, and Florence, depending on their structure and planning.
Such variations in the available property options are bound to catch the attention of a wide audience of investors. To learn more about the different types of villas in Oasis Park Residencia, you can take a look at our detailed guide on the project.
A Masterfully-planned Gated Community
Oasis Park Residencia in Karachi boasts extraordinary residential settings coupled with state-of-the-art amenities and facilities. Envisioned to offer all the pros of living in a gated community, this up-and-coming housing society features a serene environment dotted with lush green spaces, which makes it a perfect neighborhood for your family.
Properties available in Oasis Park Residencia beckon you to the pleasures of a sophisticated lifestyle. The artistically-structured villas in this real estate investment opportunity ideally meet the highest standards of living and trigger a sense of tranquility.
A Well-facilitated Lifestyle With Super Convenient Location
Best of all, this ultramodern gated community enjoys a super convenient location as it is situated on the main Super Highway, opposite Malir Cantt, which is another extremely popular neighborhood in the city. The project’s well-connected location in the immediate vicinity of the Jinnah International Airport, Karachi, transforms it into a promising investment option.
Rewarding Investment Outcomes
Buying a house in Oasis Park Residencia comes with some highly noticeable investment perks. The very first thing that is appreciated by the potential investors of the project is its flexible payment plans, which evidently add to its affordability.
Booking a property in Oasis Park Residencia, Karachi, may cost you only a 30% down payment of the total price. Rest of the payments in 36 installments as well as balloon payments on different stages of the payment terms. For more information on Oasis Park Residencia, check out the project’s official page.
Experts predict up to 40% capital gains in the vicinity of Oasis Park Residencia in Karachi during the course of the next four years, which makes it one of the most lucrative investment opportunities near Karachi Airport.
So, if you are interested in owning a villa in Oasis Park Residencia, you can easily book it now in a few simple steps. Just fill out the form shown on the top-right corner of the blog or at the bottom in mobile view to get started with the booking process ASAP.
These were some of the main reasons why you should invest in a house instead of a plot in Karachi and even other cities of Pakistan. We hope the information we have provided you in this article will help you to come up with an informed real estate investment decision.
For more informative pieces on real estate developments taking place all over the country, stay tuned to Zameen Blog, the best real estate blog in Pakistan. You can also keep a track of our latest updates by subscribing to our email newsletter and liking our Facebook page.
