Hello everyone,
I am an expat in Australia, a working professional seeking advice on investment options only in DHA Lahore. I’ve lived in Lahore my whole life till 2022. I now want to purchase a property through any Pakistani commercial bank for purely for investment purpose. I will be making a certain % of downpayment to the bank.
Goal:
- Receive monthly rental income
- Create an asset over a certain period of time (Approx 10 years)
Questions:
- In order to have the property occupied for most of the time through out the year, in what type of property do I invest, in a house, apartment or commercial shop?
- If I buy any one of these properties through a bank loan, will I be able to rent it out immediately after the purchase? keeping in mind that the property is purchased through bank on monthly loan repayments.
- Will I be able to get a house loan from any commercial bank on the basis of my employment here in Australia? (If any expat has experienced this please guide)
I will be grateful to receive some professional advice on the basis of their experience from my Pakistani fellows. Thank you in advance.