The suburbs, a new destination to buy an apartment and renovate it: how much profitability can I get from it?

The formula of buying an apartment to renovate is not new, but it has evolved. It is an attractive alternative for individuals looking for housing at lower prices in stressed areas with little supply ready to move into. Also for investors who want to obtain returns through rehabilitation and resale. However, this type of product is scarce in the centers of large cities and, in addition, high prices mean that many operations are not profitable. For this reason, interest has shifted a few kilometers: now the search is concentrated mainly in the suburbs and in nearby municipalities with good connections. Continue reading