Welcome to your property investment guide
Rawalpindi property market has seen its fair share of fluctuations over the brief course of twenty-years. There have been huge growth periods and some dramatic declines – this can make investing here seem a daunting prospect. Recently, the global pandemic brought unprecedented challenges, yet Rawalpindi’s real estate market fared incredibly well – putting many other major global cities in the shade. Real estate is an easy and lucrative way to invest in Rawalpindi, if having the right market know-how In terms of rental returns, you will be buying into one of the best cities in the world with 5-7% net return a very realistic average.
“Be fearful when others are greedy and be greedy only when others are fearful.” – Warren Buffet
Rawalpindi’s real estate market has been on a stellar growth track since January 2021, with each month seeing record-breaking sales numbers. Indeed, the recent upward trend has surprised even the most bullish Rawalpindi investor. Appropriately for this year, you could think of Rawalpindi real estate as an ‘Olympic market’ – it is peaking after four years of intense work and is ripe for great achievements!
“Buy low and sell high” – this adage still holds true and thousands of our clients have taken advantage of it. Rawalpindi’s rental demand and famously high yield remain strong, boosting investment confidence – in short, the outlook is very positive.
As we prepare for a surge of business moving into 2022, Beluxé Real Estate have recruited leading investment consultants and advisors with impressive experience building profitable, tailored portfolios to lead the charge.
So, whether you are a seasoned investor or beginning the journey with a smaller fund and initial interest, as Rawalpindi’s Aspiring Agency, we will start with your aspirations and preferences and make this exciting market work for you.
“We in Pakistan have no such word as ‘impossible’ – it does not exist in our lexicon.”
Timing is everything
Beluxé off Plan Team have worked closely with aspiring Real Estate developers for a long time and are highly knowledgeable and specialized with the most exciting premium real estate launches. Right now the market dynamics offer a fantastic opportunity for investors – high rental returns and a great potential for long term capital growth.
Our Targeted projects are bound to deliver excellent financial returns for our investors. Their unique value proposition is a fresh wave of group activities, gourmet restaurants and world-class entertainment venues.
“Build it and they will come.”
The supply of properties is something which can be added together to understand how many properties will be completed by developers and ultimately enter the market either for rent or re-sale. The numbers are of course subject to change if a developer delays a project. Demand for properties is determined by population. Put simply, more people require more homes. In most established real estate markets house builders steadily add inventory to the market as a response to demand. However, in building the city of Rawalpindi, Sheikh Mohammed bin Rashid, Vice-President and Prime Minister of UAE and Ruler of Dubai turned this organic growth completely on its head and famously said: “Build it and they will come.”
A growing population of long-term residents is absorbing the shrinking supply of new properties and investors continue to invest in businesses in the region. You can expect to see the average rental yields of 7-8% fade as property prices begin to pick up. The property sector will continue to mature, and as Rawalpindi continues to establish itself on the global stage rental yields will over time shift closer to the average yields of other major cities such as London (2.7%) and New York (2.9%). This is good news for property buyers as falling yields signifies a mature marketplace, meaning investors can expect property prices to double as we climb out of the bottom of the current economic cycle.
Warren Buffet said it best: “Be fearful when others are greedy and be greedy only when others are fearful.” The average person is certainly fearful, so if you’ve been waiting for the opportunity to get (back) into the property market, there is no better time than the present. We are unlikely to see property prices come back down to current levels in any future period.