HOW TO START INVESTING YOUNG IN PAKISTAN?
Are you thinking about investing in real estate at a very young age?
Demographic factors such as age, gender, education, occupation have direct influence on your investments. Amongst all such factors, Age plays a crucial role. Investing at a young age is important. The younger the investor, the longer the period and the higher the returns. Â Real estate investors have such a great opportunity if they start investing at young age, but it is definitely a frightening experience. If an investor starts young and continue it for 10-15 years, they can be set for the rest of lives.
WHY INVESTING AT A YOUNG AGE IS IMPORTANT?
Young investors are more willing to take risks than older ones but young investors do not have higher level of training. There is no doubt that investing in Real estate market of Pakistan is highly profitable but there is lack of awareness about real estate investment amongst the youth, millennials and young-adults despite its increasing demand. In order to generate stable return and profit, long term investment is the key.
For instance: If a 20-year-old invests in real estate and keep it for at least 5 years, at the end of the period, he will have a major appreciation in the value of property because of the steady growth of real estate market. He will definitely be benefited from the rising housing market Also, if he invests in commercial or residential properties and rents it out, he can easily generate leveraged cash flow and can avail massive tax benefits.
So real estate is a prudent, long term investment and investing in it at a young age is extremely profitable.
GUIDE TO START INVESTNG YOUNG?
It is never too early to invest in real estate. Winners always begin early. But due to lack of awareness, knowledge, mentorship and command, young adults are unable to do so.
Following are the few tips that will help you as a young adult in the real estate investment market.
- SEARCH OF GOOD INSTALLMENT PLANS:Â
Until or unless you have a huge pile of cash, you will definitely have to thrive to find out good Installment plans. You will have to stay aware by doing thorough research on market trends.
One of the top Projects where you can invest through an instalment plan in Pakistan is Gwadar Green Palms.
To facilitate young investors with low budget, Gwadar green palms is offering a very good instalment plan so that they can make a secure and reliable investment in real estate sector. Young investors can easily pay monthly installment of only PKR 9000/- and can own a property within the time frame of 4.5 years.
- START SAVING:
Saving and investment are two different concepts, but are totally correlated You will have to start saving wisely as soon as possible because in order to meet the bank’s or lender’s criteria, you will have to prove the saving of a certain percentage of the purchase price. The saved money can be used for down payments. It is never too early to save and invest.
- PROFFESSIONAL MENTORSHIP:Â
Knowledge is the key to achieve the heights of success in this sector. Try to educate yourself through the experience of professionals. Get awareness from those who entered this market at a young age so that you can learn about sacrifices, hustles and struggles and the right perspective on the investment journey ahead.
Mr. Saleem Karsaz, the founder and group CEO of the top UAE based real estate company, Aeon and Trisl, is the best choice for professional guidance. Mr. Saleem believes that motivation and efficiency are the two main factors for investment at a young age. Â Mr. Saleem has trained the team of Aeon & Trisl in a way that they are able to observe all the factors such as diversified portfolio, expected cash flows, tax benefits, value appreciation credibility, transparency and market trends. So joining him would be great to commence in the real estate arena.
BOTTOM LINE:
So in a nutshell, investing at a young age will make your money grow in value. Always remember, investing early in real estate sector can result into higher returns as compare to late investments. Investing young as a 20year old or a young adult might sound scary to manage finances but it is potentially the most rewarding.
