The Coronavirus pandemic is continuing to affect people, businesses and even industries in a major way. However, in spite of the negative effects that the virus is having on some financially, the real estate and property markets are continuing to thrive, and those willing to overlook the immediate are securing lucrative investments in markets set to boom in the coming years.
Interested to find out more? Here’s a few reasons why buy-to-let investment is a great strategy to look into currently, and some advice on international investors looking to make the most of booming foreign markets, such as the UK.
Addressing the virus
It’s certainly a worrying time for everyone at the moment, with the normal way of life brought to a standstill, and many having to try and complete work tasks from within their own homes and separated from one another, and others out of work entirely. However, as a long-standing and long-term tactile investment strategy, property stays promising in the face of the uncertainty, and those willing to be brave and continue as normal can get themselves some excellent deals and returns on booming areas such as Liverpool in the UK (as explored by property company RWinvest in their many guides and videos on the growing city).
Unlike other more reactionary and perhaps volatile investment types, such as stocks and shares for example, property is a physical investment, one that is backed up by demand that will not go away, and is in fact increasing. Again, if you look at Liverpool as an example, a powerful northern city in the UK with some exciting regeneration areas and landmarks, the demand for housing is far outstripping the supply, hence the number of lucrative developments popping up in ideal areas throughout the cityscape.
Regardless of whether the property market is succeeding or not, as an international investor that is unable to reach certain areas of the world to do research and invest, you might think that you’re isolated from these opportunities, at least currently. However, many hands-off investors have already started leveraging technology to enhance their investment portfolios remotely, and those isolating due to COVID-19 can do the same.
From globally available guides that give the latest on a desired area, to fully-fledged virtual reality tours that can give you an immersive view of what a property might look like from afar, the possibilities are endless on what you can access all while sitting in your front room. This sort of technology will only continue to increase in prevalence in the investment world and get better as time goes on, and it really is connecting entrepreneurs with investment opportunities and markets that they might not have previously thought possible to access.
Buy to let investment
Putting the COVID-19 pandemic aside for a moment, a buy to let property investment strategy is an exciting prospect to many due to the fact that you can actually make a consistent secondary income from it, alongside the normal long-term investment benefits that you would get such as capital appreciation as an area (and the properties within it) grow in value and demand. Rental yield payments, paid regularly by the tenant, can provide an ample amount of income on a regular basis, and provided that you’re investing in an area that will be regularly tenanted (e.g. one that is in high demand), you can rely on that income stream to boost your financial portfolio.