PG Accommodation for Sale in Thiruvananthapuram - A Promising Investment

Thiruvananthapuram, the capital of Kerala, has many educational institutions, IT hubs, government establishments, and tourist attractions. Thousands of students, professionals, and travellers come to the city every year, resulting in a growing demand for PG accommodation in Thiruvananthapuram. For investors, the chance to acquire a PG for sale in Thiruvananthapuram offers an excellent opportunity to earn a regular income and capitalise on the burgeoning real estate market.

Why Buy a PG in Thiruvananthapuram?

PG (paying guest) accommodation is one of the most preferred housing options for students and working professionals needing affordable accommodation near their study or workplace. Thiruvananthapuram is the home of institutions such as the University of Kerala, Technopark, and multiple medical and engineering colleges. Therefore, the demand for PG accommodation in Thiruvananthapuram remains stable year-round.

Another significant difference between renting a traditional home and a PG accommodation is that tenants usually share amenities like food, internet, and housekeeping. Therefore, they are more attractive to tenants and investors than a single-family rental accommodation. From an investor's perspective, you can expect a higher occupancy rate and a consistent monthly cash flow from a PG accommodation than from an individual rental house.

Properties for PG Investment

PG rentals are in high demand for localities near Technopark, Medical College, Pattom, Kazhakootam, Ulloor, and Sreekariyam. All these areas are well connected to the IT park, hospitals and colleges. These properties will have a continuous occupancy base. Other areas with good public transport and connection to the city centre will also be a good PG investment.

Benefits of a PG Property

Regular Cash Flow – With multiple tenants in the property, the income stream is higher and steadier.

Growing Demand - With a rising student population and a growing professional class, there will be a consistent demand for the foreseeable future.

Low Vacancy Risk - PG accomodations ideally appeal to groups, which allows you to reduce the chance of a vacancy.

Future property appreciation - You will earn more than just rental income as the property will, in all likelihood, appreciate over time.

Considerations before purchase

Prior to acquiring a PG for sale in Thiruvananthapuram, an investor must ensure that the property has a clear title and relevant permissions for commercial use. Understanding proximity to landmarks, public transport, amenities (specifically water), and safety of the neighbourhood can also inform a purchasing decision. Additionally, this will help inform the existing occupancy and rental income, which will provide clarity on the property income.

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