There are additional niche investment strategies such as buying off plan property for instance. This is effectively a new build in which the property value can appreciate even up to its finish date. It could be a question of holding or selling once completed.
Buy to sell is another property investment strategy which requires a buoyant property market to get the most from the initial purchase. ‘Flipping’ property is a great way to generate almost immediate profit. All buy to sell requires is the right property and some reputable builders to refurbish the place within the boundaries of a set budget. There are other variations to see through this strategy such buying up larger one bed flats and remodelling the unit to create a two bed.
A common practice being used in modern cities is buying up commercial property to become residential. With the debate about the decline of high street shopping raging in parts of the world, a property investor could see a long term strategy for using empty commercial units. Check with local planning laws first but there could be some immediate returns from buy to sell strategies here.
Holiday letting could be a strategy completely suited to a place like Dubai for instance. By targeting the right customer with promotions, it could be possible to get many occupants staying short term during high seasons and generating a real cash flow. The downside is the marketing, which is constant and not suitable for someone who isn’t prepared to put in the hours.
