Pakistan is safe, the polity is stable and the social infrastructure is improving. There is rampant corruption that needs to be addressed, but not nearly as bad as it was 10 years ago. Property prices have gone up 2-3 times in the last 5 years and are expected to go up more.
If you are looking for quick flips, then this is not the place. If you are looking for long-term investments with a good return, then Pakistan is one of the best places in the world. Pakistan is not just a good place for property investment, it is a good place for all types of investments. If you want to buy property in Pakistan, You need to talk first to property investors in Pakistan.
Pakistan is a place where real estate prices are really cheap in comparison to other countries. Property prices have increased in the last five years. In addition, A very huge amount of people lives in Pakistan.
These two factors have increased the demand for real estate and property prices in Pakistan. As a result, the real estate sector has seen tremendous growth in the past couple of years.
There are better prospects of long-term gains from property investment in Pakistan as the prices are low and the market is growing. Pakistan also has a growing middle class which also contributes to the long-term growth of the real estate sector in the country.
Pakistan is a good investment country. But it is not only property investment that makes a country a good investment spot. The crime rate, growing economy, and the government’s socio-economic policies play a major role in making a country a good investment spot.
Pakistan has got a lot of potentials to become a leading investment spot. Pakistan has a huge demand for housing, especially in bigger cities. The country’s overall growth rate is sustained at 4.09% from 2003-2014 and is expected to increase in the future.
The country’s foreign exchange reserves have reached the $20 billion mark, which shows the growing international investors’ confidence in the economy. The country has a lot of potentials to grow economically.
Pakistan has always been a good choice for real estate investment. It is one of the few places where the trend of increase in property prices has always been on the upward trend.
One of the reasons for this is the fact that Pakistan is strategically located in South Asia and is a member of the Central Asian region. Moreover, the country is rapidly developing and improving its infrastructure facilities.
The tourism industry is also growing and the influx of foreign investors is on a rise. Other factors to buy property in Pakistan are the rapidly improving standards of living, the stable political environment, and the low commercial inflation rate.
Moreover, there is also the advantage of low property tax. As a result of all this, there is a consistent rise in property prices in Pakistan. Pakistan is good for property investment, provided you purchase the property from a reputed builder.
Pakistan property market is booming these days. Prices have been increasing steadily for the last few years. Property prices in Pakistan have more than doubled in the last five years. Rental income from property has also increased considerably in the past few years.
In Karachi, one of the largest cities of Pakistan, the price per square yard for residential properties ranges between USD 250 and USD 400. So, please do your research before investing in a property in Pakistan.
However, if you are careful enough, you can earn healthy returns from the Pakistani property market.
How can I start a property business in Pakistan?
To start a property business in Pakistan you will have to register yourself with SECP (Securities Exchange Commission of Pakistan). You will have to go through a certain procedure and only then you will be able to buy and sell properties.
You can buy a property and rent it out. If you have the funds, you can buy land and have a builder make a house on that land. You can also invest in stocks. You can invest in different property projects and earn monthly income.
As per my knowledge, the best way to start a business is by choosing the right place. The best place is where the land value is low. Go there and check it out. Start by constructing simple and cheap houses.
When you start making a profit and your business becomes successful, you can either upgrade your skills to build a bigger and better house or you can delegate the work to the skilled workers.
I would say that Pakistan is safe, the polity is stable and the social infrastructure is improving. There is rampant corruption that needs to be addressed, but not nearly as bad as it was 10 years ago. Property prices have gone up 2-3 times in the last 5 years and are expected to go up more. Overall, it is a good time to invest in Pakistan.