The housing market is in recession and will remain so. Moreover, in Barcelona, it is becoming increasingly difficult to invest thanks to the policies of a mayoress who does not even have a university degree. So, some of the investors we work with prefer to disinvest and move their interest to other cities. Obviously, this policy has its logic. However, we still advise investing in the city and its surroundings.
Certainly, it is complicated to invest in property in Barcelona with this scenario. However, we advise doing a flip over investments. House flipping is when a real estate investor buys houses and then sells them for a profit. In order for a house to be considered a flip, it must be bought with the intention of quickly reselling. The time between the purchase and the sale often ranges from a couple of months up to a year. Therefore, buying at a good purchasing price is the key.
“Price is what you pay. Value is what you get.”
For all these reasons, at Investius we are focusing on offering our investors operations at a very good price derived from legal proceedings, inheritances or bankruptcy proceedings with the intention that simply by buying at a good purchasing price, our investor can disinvest in less than 6 months and make a profit. This operation has two advantages: firstly, our money is tied up for less time and we can make a profit sooner and, secondly, if the crisis starts to take off, we will be able to get out more successfully as we do not have the pressure to sell at market value in order to make a profit. The key is, once the asset has been bought, to propose a sale price that is a little lower than the market prices in order to sell quickly, since what we are interested in is buying and selling in a short period of time and making a profit.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.
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