I have a budget of 50 million approx for investment purposes. I want to invest in sector i-9/10, 4-5 marla houses. The average price of the normal quality house (4-5 marla) is 10-12 million with an average monthly rental of 40-50 thousand. I don't assume if house prices will rise any further in coming few years in these sectors!
How do you think of my strategy and do i have any much better options? I am looking for a very safe investment with a good monthly rental yield!
Assad sb in both the cases,comparing the rental percentage and considering the price projection,i dont see this opportunity as lucrative ones since the rental roi is less than 0.5 percent and increase in amount invested would also be marginal.Better to focus on spreading your amount between residential and commercial options.
Falcon, thanks for the reply. Please note the roi is 4-5% around.
Do you have any suggestion for me? I am bit worried about the way prices fluctuate in Islamabad.
4 to 5 pc per annum it is.I was gauging it on monthly basis.In your situation if u seem it feasible, i would divide this investment between rental and capital gains investing in some plots and at the same time buying some property for rent as well.I think one should explore the already rented commercial property to some brand or bank at some long time agreement a sthis would be a feasible option aswell.I think you should spread your investment between dha bahria and cda.
Instead of going for I-9/I-10... I would suggest to explore, G-11 sector... The increase in value of property could be more as compared to I Sectors....
Regards
Dear Assad,
Your budget is 50 million and you like to invest on 4 to 5 marla house?
If you have this much budget then go to Dha phase-2,Bahria phase 1 to 6,G-11,13,15 safe and good rent.
Regards
For 50 million I would purchase 5 villas (26x45) in Bahria Enclave sector B-1. Current rental value is 35-45k per month each. No hassle income for at least 5 years when you'll need repair etc.
Stay away from I-9/I-10 as infrastructure is crumbling and houses are old. Repair and update work will be required. Even maintenance cost will be high. Prices are already inflated so not much potential for gains.
26x45 villa in 10 million in BE?
Joke of the day.
Try highland resort cottages and villa . Cottages are of two types 1565 sqf and 2185 sqft. Price is around 10.3 million . In respect to that you will be getting 6% guarantee return annual. Its 7 km from Monal isb
let me give you an idea of rental
Furinshed is of 14175000
Annually its 850,500
Monthly rent will be 70k approx.
Its in 2 year n 3 year payment plan
For more info kindly contact
Hamza Riaz
Manager sale Zameen,com
033303130433
I rental income is your choice, you can explore under construction flats in gulberg green. Both rental and asset appreciation is guaranteed due to its great location, hassle free access, very good living environment.
I am thinking myself for picking one flat for the same reasons.
DHA and BE are also very good Option. I fully agree with someone’s comments about the crumbling houses of I9 and i10.