Bucharest real estate — How to choose an apartment or a house for which you will have a high return
Investing in a house is definitely an important decision in every person’s life and it is done depending on several factors. There are a lot of personal reasons why we choose a house or an apartment, but it is also important to take into account how the property maintains and increases its value over time. Even more so when referring to the idea of investing in Bucharest real estate, this is often an investment that can generate a long-term income. Whether the property is bought with cash or purchased with the help of a loan, both options have their advantages for investment.
The reasons why the value of investment in Bucharest real estate can increase
Beyond the elements that ensure its value — area, location, neighborhood, compartmentalization, orientation, spaces — basically, the holistic assessment of the property itself — we should think about how certain elements can increase the long-term value of a property.
Property value increases when the benefits of owning it, in terms of rental income and capital gains, exceed the costs of owning and maintaining the property. Although the value of real estate typically increases over time, there are several fluctuations in it caused by challenges in the economic environment, as well as other causes that cannot be controlled — tax incentives, deductions, and subsidies, as well as government policies and laws, which can be to the advantage or disadvantage of the real estate application.
For example, inflation can increase the value of a property, which benefits real estate investors. On the other hand, infrastructure changes predictably affect real estate values, new roads, expansion of existing roads, and additional intersections or highway access, (previously inaccessible) open spaces and places can quickly increase property prices. At the same time, the use of a property changes during economic conversion. This change can be voluntary, such as when the property owner wants to increase rental or service income, or involuntary when the owner has no control over an economic event.
The elements that ensure the value of a property
When we buy an apartment or a house in Bucharest, we focus on several factors that influence its value. Thus, the area where they are located matters a lot, either for reasons related to accessibility to work, educational institutions or any other relevant proximity for residents/tenants. Also, the endowments of the neighborhood, its age and facilities anchored in reality, granted to a varied range of needs are key points that influence the purchase. Most of the time, people want a new home in which they don’t have to invest in renovations, but which has fresh, clean air and is easy to accommodate in the case of a rental. The partitioning and number of rooms will adapt to the profile of the ideal resident/tenant, their concerns, the number of family members and many other aspects.
h4l projects (pages in Romanian):
h4l THE VILLAGE
h4l MILLENNIUM
h4l HOLBAN
h4l SEBASTIAN PARK
h4l WEST GARDEN POLITEHICA
h4l WEST GARDEN BRAȘOV
h4l LAKEVIEW
h4l projects (pages in English):
h4l THE VILLAGE
h4l MILLENNIUM
h4l HOLBAN
h4l SEBASTIAN PARK
h4l WEST GARDEN POLITEHICA
h4l WEST GARDEN BRAȘOV
h4l LAKEVIEW
