Are you an overseas Pakistani or permanently residing in the country? The current politically unstable and economically weak situation of the homeland makes you confused about whether you should invest in the real estate sector of Pakistan or not. In this blog, I will answer the question of why you should buy property in Pakistan. Let’s read the details.
06 Reasons Why You Should Buy Property in Pakistan?
Suppose you want to invest in Pakistan but are confused about which industry is best. Then, read these reasons to invest in the real estate sector of Pakistan:
Increasing Demand for Properties Due to Urbanization
According to Statistatics, Pakistan is facing a 38.04 Percent urbanization rate due to lack of facilities and job opportunities in rural areas and smaller cities. Due to this reason, the demand for residential and commercial properties is increasing in big cities like Karachi, Lahore, and Islamabad.
It creates significant opportunities for real estate investment to earn decent capital gains and rental yields. Therefore, Pakistan is a better investment option in its real estate market.
Difference of Prices
Residential and commercial property prices are significantly low in Pakistan compared to the international market. For Example, you can get a 01 Bed Apartment in Umar Mall and Apartments Faisal Hills for only 92,00,000/- Rupees while a 1BHK apartment in Umar Tower Ajman UAE will cost you 370,00,000/- PKR.
Development of Infrastructure
Every new government in Pakistan launches new Public infrastructural development projects to get public attention for upcoming elections. For instance, the Punjab government is building the Rawalpindi Ring Road and the Chief Minister of Punjab Apni Chhat Apna Ghar Scheme.
Similarly, Prime Minister Imran Khan launched the Naya Pakistan Housing Scheme. So, with these government-backed infrastructure projects, the overall real estate market boomed and got an increase in property values. You can benefit from these price hikes with wise real estate investments.
Secure Investment Option
The real estate industry is considered a secure investment option compared to other sectors in Pakistan. Despite political instability, economic downturn, and other issues, the real estate sector offers a tangible asset that becomes support against inflation and currency devaluation. So, it is a good option for investors who want a stable investment opportunity.
Long-Term Investment Opportunity
The real estate sector in Pakistan has seen a steady appreciation with exceptional periods of depreciation. The real estate sector is considered a good option for long-term investments. You can earn double capital appreciation and decent rental yield by holding properties for a few years.
Buying Property in Pakistan is Easy
It is easier to buy real estate in Pakistan than in other countries. You will research the property you want and do due diligence before payment.
You can purchase property more easily if you do this deal through a real estate consultant such as Property Naama Consultants. We will offer legitimate property investment options with handsome profits and after-sales services.
Conclusion
If you invest in Pakistan, you will get long-term returns on investment, financial freedom, growth, and tangible assets. Please remember choosing a legitimate property with a better location, return potential, and affordable pricing is not an easy task.
You should consider getting the services of a credible realtor like Property Naama Group to increase the chances of your real estate investments.
Get Consultation for Real Estate Investment
If you want to invest in residential or commercial property in Pakistan, you can reach out to us via :
Our Email address: Info@propertynaama.com
Oversees Clients (For Call Only):
UAN: +92 332 7777888
Overseas and Domestic Clients (For WhatsApp):
WhatsApp: 0331 0105531
