Are you a person who prefers tangible investments over stocks and shares? Would you like to tie up your money in a fixed investment? Does the fact that property values go up unpredictably sound appealing? Lastly, are you ready to dedicate time and money in the maintenance of a property you do not reside in but will get you a considerable profit? If the answer is yes, then you should consider buying property to rent.

Rental income is on a steady increase and an investment opportunity of the kind might be a great way of generating income when considering that the right property and mortgage could generate a yield of around five to 10 per cent.

When finding the right property for your investment, keep in mind that you will not be residing in the property, so your liking is not always the number one priority; instead you should be thinking about your ideal tenant. For example, if you’re targeting students, a location close to the University and a number of amenities would be ideal. Generally speaking, location has quite a high influence; if the average rent in the area is not enough to produce a yield, then it is not a good investment.

For more information visit www. century21.com.mt or e-mail info@century21.com.mt.