BariExperience.com | Real estate tourism in Bari: 3 good reasons to invest in real estate in Bari. Apartments, B&Bs, and vacation homes: discover why the rush to invest in real estate in the tourism sector has begun.

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Tourism real estate: why the rush to Bari has begun and what investment options are available?

Buying a property as a form of investment is becoming increasingly popular in Bari and its province . Not only for simple rental purposes, but also for conversion into a hospitality facility and/or renovation with the goal of selling it at a higher price.

To choose the property to invest in, its type, and its location, you need to understand your target audience: tourists, students, workers traveling abroad, families . Let's look at the three reasons together:

1) Buying a house to rent it out

In Bari , people are constantly searching for rental properties. Why? Most rentals are now for short-term rentals for tourism purposes; therefore, the longer-term rental market, aimed at families, students, or professionals, is growing rapidly throughout the city of Bari, as are rents.

2) Buy the property, divide it up and resell it at a higher price

The advantage of this solution is that you can purchase a large property, traditionally difficult to sell, and divide it into multiple residential units, aiming to resell them after increasing their value and thus earning a significant profit . To undertake this renovation , you need to be familiar with the market and the potential buyer who might be interested in the property.

3) Holiday homes or short-term rentals

The third type of investment is short-term rentals and vacation homes . This type of investment involves renting out a home or room for short periods . In 2022, 1,886 listings were published in Bari on the Airbnb , a 60% increase compared to 2018. Therefore, more and more people are choosing to stay in an apartment rather than a hotel .

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To profit from income-generating properties without risks, you need to acquire the right property in a strategic location, carefully evaluate the transaction from all technical, legal, and tax perspectives, and revalue the property to make it attractive to potential tenants. To better understand how to successfully execute a long-term real estate transaction, contact an expert who can support and guide you .