Despite being one of the most clichéd and overused terms, location is and always will be a huge determining factor in ensuring the future success of any property investment. We believe in securing property in locations that will constantly be in demand, areas that people aspire to live in that are not dependant on external influences such as mass tourism or a transient population.
There are some main contributing factors that can determine the future success of an area, including:
- Local amenities
- Good schooling
- Shopping facilities
- Access to transport routes
- Lack of mass development
Without demand at a local level the future prospects of higher rental yields and strong capital growth can be untenable, a situation only too common in certain countries that are now undergoing so called "price corrections".
Parador Invest focuses on sourcing residential properties that are in prime locations. The underlying fundamentals of increasing property values are inextricably linked to selecting the best property, at the best price and in the best area. Anything less is a compromise and invariably may have a detrimental effect on future capital growth.
