Invest in land and resell with a capital gain the good real estate plan in times of crisis:
In times of crisis, it is not always easy to make the right choice in terms of investment. Fortunately, there are always safe havens like real estate. Through the health situation we are going through, it is important to ask yourself the right questions and try to make the most of the situation.
What are the reasons to invest in times of crisis?
A favorable context for negotiation:
We know that land and stone are the most reliable investments in times of crisis, this sector has always held up because housing is vital and every individual needs to be housed. We know that many households are afraid of getting into debt because of this uncertain situation. It is therefore the moment to take advantage of this and to embark on a real estate project without any real competition and thus to have a very interesting price negotiation margin. In other words, you should buy when everyone else is selling and sell when everyone else is buying, to make sure you get a good deal!
Very attractive interest rates:
We know that banks find it harder to lend money in times of crisis and are more cautious. The access to credit becomes more complicated. Due to the health crisis, bankers have never refused so many files. However, with a coherent real estate project and a stable financial situation, there is no reason to be refused access to a bank loan! Interest rates remain low and are even slightly decreasing, so now is the time to borrow money and get an interesting interest rate!
Prices that are stabilizing
Through this crisis, we realize that the price of real estate in Mauritius, which had not stopped increasing for a few years, has stagnated since the arrival of the period of confinement and telecommuting! This stagnation of prices is an opportunity to acquire a land or a property at a very interesting price before a possible price explosion which could take place during a post-covid economic rebound.
Especially since Mauritius will be a popular destination for many Europeans wishing to live in a paradise-like setting after this crisis, thanks to all its advantages, both in terms of quality of life and economic and tax benefits.
The advantage of a crisis is that you will be able to invest at a low price. It's a bit like a real estate market sale. Indeed, the most important thing in your future investment is the purchase price.
In short, if you want to make a medium or long term investment, buying at a good price is a way to make a nice capital gain when you resell! This is why a crisis is sometimes the right time to start a real estate project!