In the context of the country’s current economic situation, marked by significant challenges, we find ourselves faced with the need to adopt strategic approaches to investments, especially in the real estate sector.
Uncertainty can raise questions about how to protect and grow capital, and it is in this scenario that we highlight essential savings strategies for real estate investors.
Marco Dissi, the founder of Rentabilizar.cl, has 23 years of experience as a real estate consultant and notes that just as there are tailored suits, the property investment proposal can also be designed according to the income of each person or family.
“There are opportunities in times of crisis, but you have to know how to look for them. It is estimated that it is not until the second half of 2024 that the real estate industry could begin to recover, with companies in the sector potentially going bankrupt during this period.
The others will endure the adverse scenario and probably liquidate projects with immediate deliveries that, for example, they need to sell and satisfy the banks, old projects with storage, etc. And that is where the investment opportunities are,” says Marcos Dissi.
But that’s not all, according to the expert, there are also opportunities in the scenario of semi-new apartments. “Owners of these properties need to sell quickly to be able to value their investment, so I would recommend considering both alternatives and comparing prices, locations, sectors and thereby making an informed decision.”
In this sense, Marco Disseo provides 3 key factors when investing in the challenging year 2024:
Pay your bills in installments: Financial flexibility for sustainable investments
The benefit of buying with future delivery gives you the option of paying the leg in installments, meaning you only have to pay 10% to 20% of the property’s value at the start. This financial flexibility becomes an attractive strategy for those who want to invest in real estate in a more affordable way.
Low prices: A unique opportunity to negotiate a better price
The drop in demand for real estate purchases generates a drop in prices and discounts from real estate agencies and construction companies. This situation offers investors a unique opportunity to acquire real estate at lower prices and on more favorable terms.
Future Profits: Invest Today, Earn Tomorrow
Buying real estate involves not only securing tangible assets, but it is also an investment in the future. Historically, property values have seen annual increases of 5% to 10%.
Long-term capital gains position real estate investing as a solid strategy for those looking for significant returns in the future.
The current economic situation presents challenges but also opens up opportunities for real estate investors. The combination of lower prices, the option to pay the fee in installments and long-term capital gains make real estate investment an attractive and strategic option in times of crisis.
Those who take advantage of these conditions could find a solid path to financial growth as the economy recovers.