Best Places to Invest in Real Estate in Pakistan
Real estate investment in Pakistan is on the rise. Once an agricultural country, Pakistan has now become the world’s second most urbanized country with just 27% of its population yet. The growing demand for affordable housing, coupled by the low interest rates and availability of capital from the various financial institutions, have made real estate an ideal investment opportunity in the country. Moreover, due to the prime location of major cities such as Karachi, Lahore, Islamabad and Rawalpindi and their proximity to other industrial hubs across the country such as Gwadar, Faisalabad and Multan — these cities have seen a boom in real estate development over the last few years. Given that property prices are generally higher in cities than they are in rural areas; therefore investing in a piece of land outside a city or town is less risky than an urban property purchase. However if you’re new to real estate investing or would like to explore other properties before committing to one, then we’ve got some good news! You don’t have to venture into big cities or even large towns if you want to invest in real estate without taking too much risk. We’ve compiled a list of top 10 places where you can buy residential property relatively cheaply and still make a profit after renting them out for several months at a time — read on for more details!
Karachi
Real estate prices in Karachi are extremely low for the city’s status as one of the largest and most active centers of commerce in South Asia. Moreover, the city is also the financial capital of Pakistan. With the entry of the China Pakistan Economic Corridor, the economy of the city is expected to grow significantly over the next few years. The city is also an important port and is a link to the Middle East and the rest of Asia. This makes it an ideal place to invest in real estate. If you’re looking to purchase or invest in real estate in Karachi, then you’ll be happy to know that the city is home to some of the best locations for residential property investment in Pakistan.
Gujarat
Real estate prices in the real estate hotbed of Gujarat have been on a decline for the last two years. However, compared to the rest of the country, Gujarat is still one of the more attractive places to buy residential property. Moreover, considering the fact that the state has one of the highest growth rates in the country, it can be expected to see a rise in real estate prices in the coming years. Real estate in the state is also relatively affordable compared to the rest of the country. Real estate prices in real estate haven town of Navsari in the state have been on a decline for the last 5 years. However, compared to the rest of the country, Gujarat is still one of the more attractive places to buy residential property.
Islamabad
Real estate prices in Islamabad have been on a decline for the last two years. However, compared to the rest of the country, the city is still one of the more attractive places to buy residential property. The city is also a good investment opportunity in terms of the country’s foreign policy. In the recent past, Islamabad has witnessed an increase in international visits thanks to several international conferences being organized in the city. Moreover, as the country’s capital, it also receives a fair share of government funding, making it an important business hub in the country.
Rawalpindi
Real estate prices in Rawalpindi have been on a decline for the last 2 years. However, compared to the rest of the country, the city is still one of the more attractive places to buy residential property. Located on the outskirts of the country’s largest city, Karachi, Rawalpindi is one of the safest cities near major cities. This makes it an ideal place to invest in real estate and purchase residential property. In Rawalpindi, commercial and industrial activity has also been increasing in recent times due to the growing demand for affordable real estate in the city.
Pattoki
Real estate prices in Pattoki have been on a decline for the last 2 years. However, compared to the rest of the country, the city is still one of the more attractive places to buy residential property. Located on the outskirts of the country’s largest city, Karachi, Pattoki is one of the safest cities near major cities. This makes it an ideal place to invest in real estate and purchase residential property. The city is also a good investment opportunity in terms of the country’s foreign policy. In the recent past, Pattoki has witnessed an increase in international visits thanks to several international conferences being organized in the city.
Faisalabad
Real estate prices in Faisalabad have been on a decline for the last 2 years. However, compared to the rest of the country, the city is still one of the more attractive places to buy residential property. The city is also a good investment opportunity in terms of the country’s foreign policy. In the recent past, Faisalabad has witnessed an increase in international visits thanks to several international conferences being organized in the city. With the growing real estate industry in the city, residential property prices in Faisalabad are likely to increase in the coming years
Sialkot
Real estate prices in Sialkot have been on a decline for the last 2 years. However, compared to the rest of the country, the city is still one of the more attractive places to buy residential property. Located on the outskirts of the country’s largest city, Karachi, Sialkot is one of the safest cities near major cities. This makes it an ideal place to invest in real estate and purchase residential property. The city also has a long history of being a trade and industrial hub in the country. This definitely makes it an ideal place to invest in real estate!
Lahore
Real estate prices in Lahore have been on a decline for the last 5 years. However, compared to the rest of the country, the city is still one of the more attractive places to buy residential property. The city is also an important economic hub in the country. With the entry of the China Pakistan Economic Corridor, the economy of the city is expected to grow significantly over the next few years. Real estate prices in real estate haven town of Rawalpindi in the state have been on a decline for the last 2 years. However, compared to the rest of the country, the city is still one of the more attractive places to buy residential property. Real estate prices in real estate haven town of Navsari in the state have been on a decline for the last 5 years. However, compared to the rest of the country, the city is still one of the more attractive places to buy residential property. Real estate prices in real estate haven town of Ahmedabad in the state have been on a decline for the last 5 years. However, compared to the rest of the country, the city is still one of the more attractive places to buy residential property. Real estate prices in real estate haven town of Vadod in the state have been on a decline for the last 5 years. However, compared to the rest of the country, the city is still one of the more attractive places to buy residential property.
Conclusion
Real estate prices in Pakistan are on the rise. Investing in real estate can be a profitable investment, provided that you buy the right property at the right price. In order to do that, you need to know where to look and what to look for. To help you do just that, we’ve compiled a list of top 10 places where you can buy residential property relatively cheaply and still make a profit after renting them out for several months at a time — read on for more details!
