Close

The Times – Investing in Property

image-188-src
In an interview for The Times – Investing in Property, Beatrice Dumitrașcu discussed the present situation of the real estate industry and the way companies could identify opportunities in challenging times.

Even though nowadays the real estate business is going through a delicate situation due to the pandemic, in recent years the market has experienced an increased level of professionalism, and developers have begun to pay more attention to the quality of the projects, their sustainability, their impact on the communities and the environment.

“Things will get on a normal track in a relatively short time. Residential has been and remains the most liquid investment area, whether it targets a future home or a safe placement of savings. Buyers need to make sure that the developer has liquidities, the necessary resources to complete the projects they are developing and that they deliver on time”,

argues our VP Residential Sales.

Regarding the evolution of the real estate market, Beatrice estimates that the current crisis will develop in the short term, and the return will be V-shaped.

“We estimate that in the next 1-2 years the value of money will decrease, while the value of real estate assets will increase, being the only protection solution in the face of this decrease. At the same time, it also produces interest (the rent is a kind of interest) of 5% - 6% in the case of apartments and 6.5% - 7.5% in the case of office buildings ”,

stresses Beatrice Dumitraşcu.

Full article here.

More from our blog

The information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to our franchisees (who in turn supplied it to us), we can not represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and can not be verified by us.

This site is empowered by One United Properties

Copyright © SKIA Real Estate
error: Content is protected Ⓒ