Global real estate investments may grow by 50% in 2021, according to the Colliers International consulting company. Forbes analysts believe that real estate investing, when done appropriately, is the highest-earning asset class a portfolio can have.
For those who have already decided to invest in real estate but have not yet decided on the segment, experts of RBC-Realty recommend new residential construction projects. Such investments are categorized as medium risk: prices do not rise or do not fall immediately.
According to them, there are two main ways to invest in new buildings:
- Buy a home and resell it when prices are rising
- Buy a ready-made apartment and rent it out
According to famous American entrepreneur Sidney Torres, who made a fortune in real estate, you don't have to have a bunch of money to get started in the real estate world. He suggests buying low-cost properties that will require a minimum investment. He calls it a ‘double shot'.
A good example of such a ‘shot' could be the purchase of a studio of 26 square meters in the Minsk World residential complex currently under construction. It will cost Br70,000 or about €25,000. A one-bedroom apartment of 40 square meters will cost from Br102,000 or about €33,000.
After minimal repairs, the price for a studio rises to Br90,000, for a one-bedroom apartment up to Br120,000. An extensive renovation effort will result in a higher price for real estate.
According to the catalog of new buildings on the realt.by website, a 40m2 apartment in the Minsk World residential complex costs from Br160,000, you can find offers at Br180,000. The price for a renovated 26m2 studio starts at around Br120,000. The final price is a combination of the price of repairs, an apartment size and availability of infrastructure and transport.
Sean J. Conlon, an American businessman, real estate mogul, believes that a perfect neighborhood for investment should meet three criteria: it should have new shops, good schools and convenient transport communication. These factors show that the area is promising.
Thus, the minimum profit after resale is from Br20,000 to Br40,000. Considering the developed infrastructure, convenient transport and quality of premises, such apartments will only grow in value.
The second option is to rent out an apartment. This is a longer way of making a profit, but no less effective. A studio rent starts from about €300 or Br625, the rent of a one-bedroom apartment at about €400 or Br780. A nice design and the expanding infrastructure as the quarter develops will bring the rent rates to €350 and €450 respectively.
How to choose the right investment?
This is easy: add the longest list of advantages to the highest reliability index of the real estate developer and get the best option for investment.
I buy only certain types of real estate. As a rule, it includes apartment buildings in prestigious neighborhoods, which ensure a stable income flow and can potentially increase in value in the future, Grant Cardone, an international sales expert and New York Times best-selling author, said.
The choice of new housing in Minsk is huge. For example, the Minsk World residential complex alone has announced the launch of sales of apartments in 20 houses this year. The developer offers discounts on apartments in unfinished buildings.
Why will the prices for real estate in this residential complex grow? Because they are greatly influenced by transport accessibility and infrastructure.
The International Financial Center will be the business heart of the complex. It will create 1,000 new jobs. Employees of high-tech startups will want to purchase or rent apartments close to their workplace and will be able to pay good money for them.
An important point buyers of apartments and tenants will surely notice is the combination of convenience and style inside the houses. Apartments in Minsk World differ greatly from those built in the Soviet era. Residents enter the house through designer lobbies with a concierge stand, a recreation area, and a restroom. Fast and silent lifts and panoramic windows add to the already long list of advantages the high price will buy.
Throw into the mix the high reliability of the real estate developer, which has been working on the Belarusian real estate market for 15 years already and you will get the best option for investing.
You can select and reserve an apartment in the multifunctional complex Minsk World on the website bir.by or by dialing 7675. Our fixed-line numbers are +375 17 269−32−90, +375 17 39−39−465.
We also look forward to your visit to the sales offices located near the Vostok metro station in Minsk at 9 Mstislavtsa Street (first floor, Dana Center, open from 8:30 till 20:30 on weekdays and from 9:00 till 20:00 on weekends and holidays) and 11 Mstislavtsa Street (first floor, Dana Mall, open from 9:00 till 22:00 every day).
Our regional sales managers can be found in 19 cities across the country: Brest, Pinsk, Baranovichi, Gomel, Mozyr, Svetlogorsk, Rechitsa, Zhlobin, Grodno, Lida, Vitebsk, Orsha, Novopolotsk, Mogilev, Bobruisk, Nesvizh, Borisov, Soligorsk, and Molodechno.
Minsk World is the best investment in a reliable future!
