The global housing market was expected to see negative effects due to the COVID-19 pandemic; however, most areas including Ireland surprised everyone by continuing to have high demand. Now that the world is approaching the light at the end of the tunnel, many people are opting to take advantage of the hot market and begin investing abroad. Real estate investment makes sense for a number of reasons. Historically, real estate investments increase in value while generating relatively passive income.
However, investing in real estate abroad can be a complicated task if you are unfamiliar with the market or the specific nation’s laws and procedures. Many people find that taking advantage of the global real estate market is a more effective process with a trusted partner in their corner. Fortunately, for those seeking to invest in the Irish real estate market, JCMC Property Management Provides a variety of important services that can help you invest and grow your revenue streams.
Research & Development
When it comes to investing abroad, the most important step in the process is to engage in thorough research. After all, you want to be sure that you are investing in areas and properties that will be profitable long-term. We have a high level of expertise in the Irish market. With our strong knowledge of trends across the island, we can help you pinpoint an investment strategy that will optimize your profits and lead to success. Having a local expert in your corner is an effective technique utilized by the most successful investors.
One of the most challenging aspects in investing from abroad is navigating the many needs of your investments. This is where our property management services come into play. As your eyes and ears on the ground, we can assist with screening and selecting high quality tenants, reducing vacancy periods, efficiently collecting rents, and managing the day-to-day operations including coordinating maintenance and repairs. People who own more than a few local properties typically benefit greatly from the efforts of property management while those investing abroad will have a more worry-free process knowing that their investments are in good hands and being operating with a high quality of service.
Perhaps you are considering investing building new construction instead of purchasing existing buildings. After all, the Irish rental market is currently strong with high demand. One of the services we provide is construction consultation which utilizes a data-driven process aimed at calculating the cost of construction, recommending specific strategies for achieving better output, assistant with problems in the design process, or oversee the project management of the construction process. The needs vary by project and person. Whether you need a building consultant, cost consultant, or construction management consultant, we provide talented professionals who are able to assist with your needs.
Investing abroad is a lucrative proposition. The Irish real estate market is particularly ripe for investment. JCMC Property Management is here to help you throughout every stage of your investment journey. In fact, if you take a look around our website, you will see the broad wealth of services we provide in excess of those highlighted in this blog. Whether you need help navigating the market or managing your properties as you expand your investments, reach out to us today. We’re happy to provide you with customized service that will meet your needs.