Investing in real estate: the most reliable option for passive income
The issue of preserving and increasing funds continues to be relevant at all times. Changes in the global economy, unstable currency and precious metal exchange rates, and high investment risks in stocks make it very difficult to find a truly reliable investment option that is accessible to most people. Real estate investments have historically proven their viability and reliability, making it difficult to imagine a better way to save money and generate passive income in the modern world.
How to profit from buying real estate?
As strange and paradoxical as it may seem, to make a profit from real estate, all you have to do is buy it. Properties of any class increase in value every year, so the money invested can provide a substantial return in just a few months.
The second option for obtaining stable passive income is to rent out the real estate. In this case, the profit is more tangible, as the property owner can receive funds on a monthly basis. Thanks to passive income, the cost of apartments or villas can be recouped in a few years.
Real estate in Northern Cyprus: an example of earning income
An excellent example of a successful investment is the purchase of real estate in Northern Cyprus, which has gained incredible popularity among foreign investors in recent years. The annual income from renting an apartment in the TRNC can bring the owner from 10 to 17% of the cost of the property. Here are some relevant data for the grandiose Grand Sapphire Resort complex, which is the largest in Northern Cyprus:
- In 2021, the cost of a studio apartment in the complex was 40,000 pounds
- At the end of 2022, the price of housing increased to 120,000 pounds;
In less than two years, the capital gain was 300%.
It is unlikely that such capital growth can be expected from any other type of investment, and in the case of bank investments, it seems incredible. Those who want to buy an apartment in Northern Cyprus for rent have another pleasant surprise in store. The developer takes care of all the paperwork for the rental and payment of fees.
The property owner does not need to burden themselves with extra tasks. You simply make a profitable investment and tomorrow you see that it starts to generate income!
