Buying Your First Investment Property?
Now’s a great time to be thinking about buying your first investment property, and capitalising on the growing demand for housing in Auckland. But there are a few key factors to consider that will make the difference between purchasing an average investment property and a great investment property.
Astute investors know that the old cliché “location, location, location” is just the beginning when it comes to knowing how to buy an investment property. Knowing that the house you are building is quality, contains the features that potential tenants and future purchasers will be looking for, requires minimal ongoing maintenance, and has been built at a competitive price will contribute significantly to a successful return on investment. That’s why so many investors come back to Ashcroft when buying their investment property.
Property Investment For Beginners
Property investment can seem daunting at first but with the right partners and some basic knowledge, property investment for beginners can be a simple and exciting process. Here are some of the key advantages that you can enjoy when building your next investment property with Ashcroft:
- Higher rental returns
New homes generate premium rental returns – an important consideration especially when buying your first investment property.
- Attractive to renters
In addition to delivering a higher rental return, new houses are generally more attractive to renters. You will likely enjoy higher demand from renters and lower turnover in tenancy.
- Greater future sales value
A new home is likely to experience greater saleability in the future offering greater capital gains. This is critical when buying your first investment property as often the majority of your return is realised in the capital gain made on your property when you sell.
One of the greatest advantages of building a new investment property is that you will receive a 10 year guarantee from Ashcroft Homes protecting your investment and providing you piece of mind.