During years of working with real estate investor, I have known about the behavior of people who choose this type of business, either to get money on an ongoing basis, engage in the business, or have an economic floor for the future.
In this process we can highlight a group of professional young, usually unmarried and without children, looking for ways to think about their future, involving a good solution to a not-so-strong effort and little investment of time. It is the so-called Millennials, those who value of greatly his time by seeking investment options involving them shortly use for a good return, against alternatives that can perhaps give greater profitability, but that at the same time involve more effort.
Is trafficking in is usually one public less than 35 years old, which is in its first or second work and leaning by small departments, values that do not exceed the 2500 UF, since their income normally ranges from one million 300, 500 million. Looking for small departments, which rented fast, and which generate a dividend according to its capacity of monthly savings.
Today this group reaches 75% of the real estate sales force dedicated to working with those who buy apartments for investment, which diminishes older.
It is a group that doesn’t want to live in the same place forever and whose aspirations are the travel or study outside of Chile and not to purchase their first home with the intention of inhabit it. For them the fact that leased and that somehow is paid only, is very comfortable and does not represent major commitments. In addition, is formed by those today does not believe in the AFPs and that prefer this method of investment for old age, which is much more optimal and therefore more profitable.
On the type of housing that prefer, are inclined to small departments, values that do not exceed the 2500 UF and most units in this group are those of a bedroom and a bathroom, followed by 2 bedrooms and a bathroom. People aged 26 – 40 years tend to prefer small departments, as the Studios and 1B 1 d the most popular, however over the 40 years tend to choose larger departments.
For the location of these properties, choose communes that are very central and mainly close to a Metro station, allowing them to their tenants always have good connectivity. In addition, when the commune itself becomes more connected, prices go up and becomes a highly profitable capital. Today, when announced new lines of the underground railroad, automatically prices rise and when they begin to operate these routes, reaches a new boost. That is why the election always has to do with those connected sectors, with Metro lines, or for which there are projects of future stations nearby.
This type of investment, achieved it through mechanisms that have been offering real estate, as a greater amount of quota for the payment of the foot, buying more blank that before, giving them time to pay the foot and more project purchase.
They usually have a long-term perspective. Many people buy thinking that supplements retirement, the large percentage is that. And the other is the group buying to sell in a few years more, to sell more expensive and return to invest, and that second investment leave it for retirement. And one no less group, which seeks to have an entry soon selling the Department to a higher value in about three or four years, which gives the foot to own housing.
A behavior that has been spreading more and more, and that it is successful for this type of business, which are transforming the way of thinking of many young people and turning them into future adults, with an important economic floor, to whom the dream of home own, not necessarily remove them sleep.
Poured in this op-ed content is the sole responsibility of the author and do not necessarily reflect the editorial line nor the counter position.
