1. Tips - buying an investment property<br />Investing in property Egypt is one of the best ways to shore up your financial future, but your choice of property will have a huge bearing on your capital gains and rental returns, so it’s important to choose wisely. <br />Here are my first few pieces of advice: <br />Drive-by investing. I strongly advocate buying investment properties you can drive past. It makes the vetting process easier if you know a suburb well. <br />Mix facts with feeling. Buying for investment should be a less emotional decision than buying to live in but you should still let your intuition to guide you – if it feels good, you’re probably on the right track. <br />Discount personal preferences. Love living on acreage? Most Australians prefer proximity to the beach and CBD. Love a secluded location? Most of us prefer the convenience of a bus at the door and a short walk to the shops. <br />Demand is the crucial overriding factor influencing the capital growth and rental returns of your investment property. Location is a key element in driving demand, so buy a property that will appeal to the bulk of the population, which means the following: <br />Walking distance to cafes. Cafes are now Australians’ No 1 choice for social gatherings as our coffee culture continues to grow. <br />Walking distance to shops. Not necessarily supermarkets, but corner shops enabling residents to buy the necessities close to home. <br />Walking distance to transport. Ensure the commute to work, whether in the CBD or regional commercial hubs, is as easy as possible. <br />Consider these three factors non-negotiable in your search for an investment property Egypt. <br />Depending on your budget, if you can also afford to buy in a location with the following secondary elements then you can substantially maximize your long-term returns: <br />Walking distance to the beach. Australians have on ongoing love affair with the ocean and most people consider the coastal lifestyle to be the ultimate. <br />Within 15km of your capital city. The bulk of employment is in our CBDs but regional centres like North Ryde and Parramatta in Sydney are also becoming more important. <br />Established suburbs. In my experience, established suburbs with their own unique character grow faster than new suburbs, many of which have a cookie-cutter feel to their architecture and lack uniqueness to their social atmospheres <br />Identify some specific suburbs work out which parts are the most desirable and ‘in demand’. Rely on the advice of agents, shop owners and anyone you know living there. A few key considerations are: <br />Buy the better side. One side of a suburb is often considered better than the other despite being equally close to cafes, shops and transport. <br />Avoid main roads. They are usually noisy and achieve lesser capital gains. <br />Get the aspect right. A north or north-east orientation for the main living areas and gardens is best. <br />Nice surroundings. Buy in streets with well-maintained neighboring properties and avoid buying houses in streets full of apartments. <br />The final factor is property Egypt type. The short answer is: buy a house if you can but don’t consider apartments the poorer choice. While houses have historically achieved better capital gains, the gap is closing - and there is greater rental demand for apartments. <br />Buy the best house you can. Avoid properties requiring a lot of work. If you need to spend more than five per cent of the purchase price to make it rentable, look elsewhere. <br />Buy the best apartment you can. Avoid over-supplied areas, apartments with company title or high strata levies and buildings with less than 70 per cent owner-occupation. <br />