DEV Community

Tariq
Tariq

Posted on

Purchasing Property In Pakistan

Currently the Pakistan Rupee has depreciated 40% against the dollar. This makes purchasing assets like property in Pakistan more appealing. Why?

The goal is to purchase property and hold onto it untill the PKR rises in value. If everything goes correctly then you can make a nice 40% profit + land appreciation bonuses.

In high inflationary cycles, where prices of goods are rising, the property's price will be adjusted to match the true market value of the property.

If you have a 30,000 r.s property bought in 2015, you will slowly increase the property price once you notice prices are rising.

This makes properties a great investment for storing wealth during high inflationary times. If your currency is getting weaker everyday, buy a property, and slowly raise it's price to match inflation. This way, your money won't be eroded way from inflation.

Top comments (0)