Best plot investment in Islamabad
In this blog, we bring you the best plot investment in Islamabad so that you can secure your hard-earned money in the long term. To know more about the best plot investment in Islamabad, keep on reading.
Why should you invest in plots in Islamabad?
There are a lot of reasons why you should invest in plots in Pakistan. Some of the reasons are listed below:
If there is a safe investment that is perfect for the long term, it is a plot. If you carefully examine the property trends in Pakistan, you can see that historically its value has consistently increased. In short, the day you sell your plot, it will have more value than when you bought it.
No maintenance costs
In many other investments, you have to incur expenses to maintain them periodically. Unlike an apartment or a house where you have to pay expected costs, cleaning, deterioration costs, plots come with less hassle. In the case of plots, the only expense is the payment of the land itself, which is very low if the plot is not built.
The value of a plot is usually considerably lower than that of other properties in the city. This allows that with much less money, you can start capitalizing or diversifying the risk with plots in different places.
Imagine that you buy five plots and sell one a year; with the money you generate from that sale, you can buy 2 or 3 more new plots.
After one or two years, you repeat the exercise, and the number of properties you will have after a few years will make you understand that there is no better place to keep your money than on a plot: low costs, low responsibilities, high returns.
Past trends show that Investing in plots is relatively cheap. You can buy a plot with a small capital without resorting to a loan from the bank. The best thing about investing in a plot is that it allows you to start the path to financial success without risking considerable capital; your money will begin working alone, generating a high return on investment and exciting benefits for you and your pocket.
In the past, it was much more challenging to define the boundaries of a plot; it was enough to move the stakes to generate a dispute. Nowadays, technology allows you to quickly determine the dimensions of your property, thus avoiding conflicts and giving each owner certainty about the plot that belongs to him.
If we compare buying a plot with putting money in the bank, investment fund or any of these, we will realize that there is no way they can compete with having a property in your name and selling it after one or two years.
The plot begins to generate attractive returns in 5 years onwards. Although the wait may seem long, in the end, it will be worth it for the returns you can receive, especially if you take into account the initial amount that you had to pay and the minimal maintenance costs.
When you have an apartment or a house, and you have them as a business, you will always have to be praying that you have a good tenant since the paint, cracks, wear. Possible structural fissures that the property is presenting will finally always have to be covered by you.
In a Plot, this does not happen.
Buying a house and then renting it involves a series of expenses due to the wear and tear that a property can have: deteriorated paint, damaged pipes, cleaning after a tenant leaves the house, in short, dozens of things that arise over time and that reduce the income of a rent.
Source of passive income
It can be said that plot is a business that does not complicate your life because after buying your plot, you sit quietly waiting for your money to mature and over time to gain more and more value. Your plot will be in charge of generating money for you and without having to lift a single finger until the moment you decide to sell.
Remote business opportunity
If you do good research, you will be able to find a good purchase opportunity without visiting the field. However, before closing the purchase, check a couple of things to obtain legal certainty:
Make sure the person or real estate group you are buying the plot from is trustworthy.
Verify that the plot has a good location and verify the information through the property registry.
It requires the signing of a purchase-sale contract and the deed of your plot.
When investing in a plot, you must bear in mind that you will only make an initial outlay; after that, the additional expenses are almost nil; there are no bills to pay, and the property tax is meager.
In short, if you are looking for an investment that does not demand time and money in the long term, then investing in a plot is an excellent option for you.
- Less competition
So that you can sell a property in the planned time and at the price, you are looking for, a key factor is the amount of competition you have. In the plot, competition is relatively low, as most people have their sights set on acquiring apartments, houses or commercial properties.
They are unaware of the great benefits of investing in plots, which is advantageous for those who decide to invest in properties.
The plot is a finite product
Owning a plot piece is owning a limited product; no one is making more plots to sell. There will come a time when plot prices are very high because there will no longer be space due to population growth, and your real estate will be the product with the highest demand.
Best place to buy a plot in Islamabad
Now that we know the factors that we need to consider before buying a plot, it is time to explore the plot for sale in Islamabad.
Some of the investment plots in Islamabad that are perfect for the masses include:
- DHA, Islamabad.
- Bahria Town, Islamabad Phase 8.
- Fazaia housing scheme Islamabad
- Sector B-17 Islamabad.
Apart from these places, there are many options available in the capital such as a plot for sale in Gulberg Islamabad, a plot for sale in Bahria Enclave Islamabad, a commercial plot for sale in Islamabad and a plot for sale in Faisal Town Islamabad.
When you decide to invest in real estate, it is widespread that your first option is to buy a house or an apartment. However, investing in a plot is a unique opportunity, as the demand for property has increased in recent years. Investments in the plot are highly profitable, as their value always increases over time. It has been proven that if the plot is located in a good area, the growth of the investment rate can be between 12% and 20% per year.