Investing in Rental Property in Sax 2023
As we confidently predicted in 2021 the investment opportunities in Sax have carried on in spectacular fashion and we now have a number of international investors with small portfolios of apartments with monthly rentals now gone through the previous ceiling of 400€ per month for the right apartments and still holding well around 350€ per month for basic apartments.
In 2022 we had three new investors purchasing for the first time and in each case we had a tenant waiting and vetted. Whilst Sax may not be unique it is extraordinary how the local factories have expanded year on year and more factory workers come from further afield wanting Monday to Friday shared accommodation.
If you fancy making a sound investment this year look out for 3 Bed Apartments in the region of 40,000€ that will realise a rental of 375-450€ per month and it doesn´t take a genius to work out the fabulous returns on investment.
Call us anytime to discuss the market and to allow us to advise you and discuss the service we can offer to make investment simple and profitable for you.