Hi guys,
I am sharing with you first hand experience of return on investment for following 2 properties.
1. 10 marla house bahria enclave islamabad
Rent per portion = 35000
Total rent for 2 portions = 70,000
House price = 25,000,000
Roi = 840,000/25,000,000 = 3.36%
2. 5 marla house naval anchorage islamabad
Rent per portion = 22,500
Total rent for 2 portions = 45,000
House price = 12,000,000
Roi = 45,000/12,000,000 = 4.5%
Can someone explain why na is giving such high return as compared to be?
What is future of these two societies?
Ikram sb
Navel is located right on Islamabad highway and has 10s of state of the art townships in the neighbourhood, such as Defense phase-2/5/6 & bahria town phase 1-6. Emaar & Emaar JVs with DHA...many more.
Above factor may be small but Islamabad highway being signal free (still not fully done), places NA at much better position.
Plus it is an old society and has established reputation, underestimated unjustified, though!
Enclave being nice township is standing alone in wilderness 22 km away from Faizabad junction.
Naval also same distance from Faizabad but has many plus points as I said above.
Plus people have relatives in the neighbourhood and this is another reason for house location selection and in this regard, even Jinnah garden, PWD, ghouri town, Fizaia and so many other add value in NA.
Last but not the least, some people put Malik Riaz longevity, I disagree though, in mind when investing in bahria but naval is peace of mind from that aspect.
Ikram sb, which sector in BE?
I think, 70k for 35x70 double unit is an understated price. Must be 90 upwards as a close friend rented out newly constructed 35x70 double unit @25k more than your stated figure (even after 5k special discount due to a small family)
so it really depends. As a general rule in the BTs every 10 million must get you 35K (min) and 40k (on avg.) per month rental!