Investing in oxford property has been quite difficult for many people. It seems that in the short decade past, oxford has become one of the most sort after, high end property settlements for majority of clients. With an influx of high end purchasers, it is rare to find the average consumer interested in purchasing the property here. However, as many experts indicate many of the consumers are misinformed, and judge the investment simply by the purchase price without considering some other benefits that can accrue from owning property in oxford.
As business advisors and financiers have indicated, oxford is one city where affording a home is almost next to impossible, at least based on pure savings and supported by the average income. Homes in this city are listed at high prices and also quite rarely. Because few of the home owners are willing to let go of their property, it is important and in fact necessary to work with a reliable, qualified real estate agent who can help trace and negotiate for ideal oxford property. With several buyers, in fact more than half coming from outside oxford and increasing in numbers, the services of a reliable real estate agent are definitely important.
The main thing to note is that majority of the property listed in the market at a specific price, sometimes even all of the property will not only sell fast, but at a much higher price than that advertised. By the time, you look at the advertised property, get a price and contact the seller; the property has not only been sold but the price of the same has also increased. This is why there is need for a good agent company that will keep an eye and get your property before it goes off the market. If possible, the company can begin negotiations before the property is publicly listed thus reducing the competition and chances of losing out on great property.
QUALITY UNBEATABLE INVESTMENTS IN OXFORD PROPERTY MARKET
Prices of real estate in oxford have skyrocketed in the past decade, to an extreme high. Although this makes affordability almost impossible, there is also some form of guarantee that you are less likely to experience loss with oxford property. Real estate agencies have shown that with process increasing not just annually, but sometimes even semi-annually, investors get more than their actual investment in the property. Property bought in one year, can be sold at almost double the purchase price when the time for sale comes. Even without improvement, just owning property in oxford is an assured guaranteed investment that brings with it an increasing and elevated amount of profit. Unlike other cities, here property prices have dipped with the global economic troubles, oxford properties have not even remained stagnant, and they have been on a steady rise. Financiers are advising consumers to ignore the purchase price and instead focus on the growth of the real estate. The cash in prices are the highest, ensuring that you will not only own an expensive home, but that you can also cash in on the home making the biggest profit when you do.
For people who are looking for luxury accessories, today’s technology in the home and property, oxford is the city for you. The homes in oxford remain unequaled, and this is perhaps the main reason why owners are less willing to sell their own property and homes. From good schools, with some of the most competitive foundation and tertiary institutions to very high security, and increased development each year, oxford offers a unique combination for all home owners. An intricate transport system, from the train services to the dickered buses which make transportation within the city even faster and easier. This is in addition to other accessories within the city which have drive n the real estate price even higher such as highest quality restaurant, many of them five star featuring the greatest brands and renowned chefs from all over the world, classic theater and a high strung entrainment scene. All these features make living in oxford a great experience for anyone, coupled with the rich history of the city and high employment rate that is brought on by continued development and settlement of the large companies in this city.
One if the main problem when investing in real estate is that when time comes to sell; it is often hard to unload the property. Real estate takes time to find a buyer, and sometimes sellers in need and strapped of cash are forced to sell the property much faster and at a lower price in order to fill the gap. With oxford property however, this is not the case. Companies and dealers ion real estate are finding that more and more investors are coming to invest in this city. There is availability of money and therefore the period of listing has become so low that in some cases it is even non-existent. With so many investors, you do not need to wait for long to unload your property, and gain not at a loss at a price much higher than you about it for. While other real estate markets continue to fluctuate, the oxford market continues to grow, seemingly unperturbed by the global trends. The chances that you will have a problem unloading the property are next to impossible. In fact real estate agents are advertising for willing sellers, sometimes managing to close deals in a few hours.
Consumers are making the mistake of running away from oxford because of the high prices of property in the market. The competition for investors looking to own property in the market is also quite high making the process of finding property to invest in much harder. However, it is important to note that once you have managed to skip through this hurdles, the benefits of owning property in oxford are unequaled and many in number. It is important to note that this hurdles are hard to jump through without the guidance of a reliable and professional real estate agent. They can help trace, locate, find and negotiate for quality property on your behalf.
IF you own a property in Oxford and looking to add value by refurbishing, developing or extending then call Bromley Gaines on 01865 685 008