2021-07-15

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7 Best Cities For Making Real Estate Investments In 2021

As one of the most lucrative and trending investment practices, real estate investing keeps making its way to the adventure-hungry minds of up-to-date entrepreneurs. Today, adept business owners rush to invest their money in real properties to get even richer and integrate in the expanding culture of real estate.

The real property market is highly “generous” but sometimes, it may get quite challenging for non-experienced and even for seasoned investors to earn ploughing money in real estate. The practice of investing needs a careful and professional approach from business adepts as well as the proper knowledge of HOW, WHERE, and WHEN to invest.

In this article, we’ll touch upon one of the three main factors of real estate investing – we are about to introduce you to the best cities to invest in real estate 2021!

Now, brace yourself up as we’re revealing top destinations you should definitely contemplate for real estate investments!

Dallas, Texas

Boasting a diverse economy and population, Dallas is one of the world’s most attractive investment hubs. Dallas has a population of 1.3 million, with hundreds of new people coming to live there. The city also showcases a high rental demand, its average home value being close to $247.000. To live in Dallas, you don’t have to splurge your funds, which is another important factor attracting people to the city.

Las Vegas, Nevada

Despite the common, iconic image surrounding Sin City and bringing to the fore its main industry – gambling – the city is much more than just a gambling hub! Las Vegas has also established itself as a city attractive for investments. Its flourishing economy and the affordability of real estate have enabled investors to have a sustainable income and develop the habit of ploughing their funds into its real properties. With a population of only 650,000, Vegas keeps drawing people in and thus creating more opportunities for investors.

In 2020, Las Vegas witnessed a drastic increase in the property values, which means that buying a home there is more expensive now and highly beneficial for investors, as they can make money out of appreciation. The average price of a real property in Vegas today is $314,000.

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Tbilisi, Georgia

The prices for Tbilisi real estate are the lowest compared to any other capital city. The prices for a completed apartment in Tbilisi start from $35,000. The pricing alone makes the city an attractive tourist destination. Annually, the real estate market in Tbilisi keeps growing and drawing in investors from abroad.

In 2017, the number of tourists who visited the city increased by 30%. The Tbilisi Airport alone receives by 42% more visitors annually than it did before. This all adds to the unrestrained expansion of the real property industry of Tbilisi.

Tampa, Florida

As one of the best places to invest in real estate in 2021, Florida is itself a hot investment spot even beyond the United States, but also across the world. And, when it comes to Tampa, the main city of the Gulf Coast of Florida, things get even better for the entire state: the city has managed to increase the economy of the state at large, becoming one of the biggest places of interest for investors worldwide in 2021.

In Tampa, one can buy a house at only $286,000, and with a population of nearly 400,000, Tampa gives inventors the means and space for realizing their financial needs and expanding their income. In addition, Tampa boasts as many as 500 active businesses, which is one of the key factors making the city so appealing to business owners willing to invest in real estate.

Sofia, Bulgaria

Sofia is an undoubtedly attractive location to people from abroad, thanks to its proximity to the sea and the lavish advantages it offers to tourists. The city has thus become one of the leading seaside resorts in Europe, also gaining its popularity as a real estate investment hub of the continent.

Sofia is divided into several districts that vary by infrastructure and have thus varying prices for real estate. And the outstanding benefit of the capital city is that it has an advanced transport interchange, making it easy for people to get downtown from any district.

Athens, Greece

There’s some good reason why Athens is now one of the most popular capital cities for real estate investment in Europe. The city allures visitors and potential investors with its marvelous views laden with mountains, a blue coastline, and, more importantly, low prices for real estate!

Yes, it’s extremely beneficial for entrepreneurs to plough their money in real property in Athens. The capital city appeals to foreign visitors with its active yet peaceful lifestyle, boasting remarkable historical background as well as the unique relics of the Ancient times – the remnants of the famous, myth-inspired buildings that were developed in BC.

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Kyiv, Ukraine

There are many misleading stereotypes surrounding Ukraine and its capital city. Yes, the country may not be as well-performing as the world’s leading political units, but it has made colossal progress since its breakout from the suffocating claws of the Soviet Union. Thus, today, Kyiv is one of the most popular investment locations in Europe thanks to its incessant economic and cultural advancement.

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More about DGY

DGY is a real estate investment and property management company. Our experts have an impressive experience in turning businessmen into smart real estate investors. We collect limitless opportunities throughout the world’s best real estate markets and help our clients implement the best deals. We take care of all due diligence and customize documentation while your income grows. We also provide you with property management services so you can forget about the tiresome maintenance of several objects and entrust this process to professionals.

Investment advice and recommendations

DGY is an investment company that takes care of every client and helps them become successful investors. With the help of an investment experience and a well-thought plan, we will help you examine the market, choose a strategy specifically for you or your business, and calculate future costs to start making money with real estate investment.

Property management

In order to invest in real estate, you should consider how you will run your management in Ukraine. DGY will help you eliminate all possible pitfalls at an early stage as a personal project manager will be assigned to your case. They will assist you in choosing the project according to all required objectives.

Property Renovation

DGY Investments takes care not only of purchasing property but also renovating an existing one. With the help of a thorough plan and estimating, we will thoroughly prepare a property for sale. Our professionals evaluate an investment property and create a strategy that includes the costs for renovation, possible taxes, fluctuations on the market, etc. Therefore, our clients are able to resell the renovated properties in Ukraine with more than 15-20% profit from the initial price.

Paperwork

Before our clients decide to deal with real estate investing, they consult with our experts concerning details such as the necessary documents needed to purchase a property and successfully run all the processes connected to it.
Therefore, if you are eager to invest in Ukraine, it’s essential to have all the paperwork done correctly, and that’s the moment when our team of experts takes care of this step. DGY Investments helps investors buy real estate property, manage the paperwork, start preparing relevant documents for purchasing realty in Ukraine, and close the deal successfully.

Real estate investment opportunities in Ukraine

When an investor decides to invest in real estate in Ukraine, the most affordable way to attain stable passive income is through buying residential real estate. Investors can expect to receive a regular monthly payment from their tenants at a fixed monthly amount, unaffected by inflation or other unforeseen circumstances. The amount of rental income will vary depending on the size, type of property and location. For example, buying an apartment in Ukraine’s capital Kyiv is beneficial to investors due to offering a large working population, central location and affordable prices. Hence, the minimum price of renting a decent one-bedroom apartment in Shevchenkivskyi District will be around $1000 per month in 2021, followed by Pecherskyi District with a cost of $850 per month. Besides, investing in real estate in Ukraine annually brings clever investors up to 15% of yield, attracting many business people every year.

Properties for investments in Ukraine

Ukraine has a giant sector for real estate investing. Businessmen who come there all over the world often choose between investing in residential and commercial properties. The main advantage of buying property in Ukraine is the affordability of prices on the houses and apartments. For instance, if you invest in real estate in a historical district, a luxurious apartment will cost you around $85k only.

How to invest in Ukrainian Real Estate

In order to invest in Ukrainian real estate, you should take into account a list of crucial factors. The first one is to choose what kind of realty you are going to invest in: residential or commercial. It is vital as it should comply with Ukrainian real estate law. The second tip is to identify the purpose of purchase in order to make a strategy for the property. For instance, you may purchase the property for your own use or buy it for lease. The next step is to calculate the taxes and what kinds of taxes are payable during the purchase, owning, or selling. Also, to invest in real estate properly, you should keep in mind currency control rules in Ukraine to sell a property and get a higher profit.

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