The generation between 30 and 50 years that is now in full work unfortunately cannot count on one day having a pension as solid as that of their parents. If you fail to receive a monthly pension in the middle of the last salary you will be lucky. In addition to the different forms of supplementary pensions, a viable choice is to invest in a property to buy and rent. At present the property tax, unless something changes with the new government, is extremely high and serves as a deterrent. On the other hand it is experiencing a significant, continuous and inexorable descent of prices that will surely continue in 2014 as noted these days with figures that speak very clearly. This is therefore a good time to find real estate valued at discounted prices. But what is meant by property value? In practice, they’re those that are not likely to be impaired and depreciated over time or remain vacant for most of the time.
One must opt for quality properties, with common parts in good condition, with high energy class, independent heating, with the upper floors served by elevators to the third, with outdoor spaces and more. The studios and apartments that are well built and in good condition, located in the central and well served by public transport, will have more opportunities for income. In sea areas the houses preferred are those with terrace and sea view, mountain houses facing south and close to the ski slopes. Another winning choice are the houses for rent to students or as a guesthouse for companies. In all these cases the income from the lease can be up to 3.4% gross per year. Buying and renting an office located in the right area can make up to 6% profit and a store can make even up to 7%. Do not underestimate the opportunities offered by judicial auctions. Nowadays they are very transparent although in these cases the advice is to avoid the do it yourself.
The decision to invest on the brick for retirement should be planned well even with the help of a mortgage that will be paid by the lessor over the years without weighing on income. At one point after 15, 20 or 25 years the investor will have to pay over and start to derive an additional income from renting. Perhaps even when he reaches the retirement age or hopefully a few years earlier.
