{"id":1780,"date":"2020-02-12T23:49:57","date_gmt":"2020-02-12T20:49:57","guid":{"rendered":"http:\/\/nalog.fr\/lvkapec-ir-izdevigi-ieguldit-studentu-iesniegsanu-eiropas\/"},"modified":"2020-02-12T23:49:57","modified_gmt":"2020-02-12T20:49:57","slug":"lvkapec-ir-izdevigi-ieguldit-studentu-iesniegsanu-eiropas","status":"publish","type":"post","link":"https:\/\/nalog.fr\/lv\/lvkapec-ir-izdevigi-ieguldit-studentu-iesniegsanu-eiropas\/","title":{"rendered":"K\u0101p\u0113c ir izdev\u012bgi ieguld\u012bt studentu iesnieg\u0161anu Eiropas"},"content":{"rendered":"

Galven\u0101 probl\u0113ma krievvalod\u012bgo investoru \u2014 atrast optim\u0101lu (attiec\u012bb\u0101 uz riska un ienes\u012bguma) objekta ieguld\u012bjumu. Viena neapdz\u012bvojama komerci\u0101lo nekustamo \u012bpa\u0161umu, parasti nav pieejama parasto investoriem, jo ar savu d\u0101rdz\u012bbu, t\u0101p\u0113c liel\u0101k\u0101 da\u013ca klientu ieg\u0101d\u0101jas m\u0101jokli iz\u012br\u0113t. P\u0113rkot dz\u012bvokli, un nodo\u0161ana ilgtermi\u0146a nom\u0101, ir ac\u012bmredzamas priek\u0161roc\u012bbas \u2014 pirmk\u0101rt, t\u0101 ir viegli p\u0101rvald\u012bt, bet ir ar\u012b m\u012bnusi \u2014 sal\u012bdzino\u0161i zemas ienes\u012bgums (aptuveni 3 %) un probl\u0113mas ar \u012brnieku izlik\u0161anu, ja nepiecie\u0161ams.<\/p>\n

Minim\u0101lais, saist\u012bb\u0101 ar zaud\u0113jumiem ce\u013cu invest\u012bcij\u0101m \u2014 studentu apartamenti, ir sava veida “zelta vidusce\u013c\u0161” nekustam\u0101 \u012bpa\u0161uma tirgus. Labs risin\u0101jums attiec\u012bb\u0101 uz bilances riska\/ienes\u012bguma. Taisn\u012bba, bet tikai 5 % krievvalod\u012bgo investoriem, kas apsver ieguld\u012bjumi \u0161\u012b \u012bpa\u0161uma tips, bet \u0101rzem\u0113s t\u0101 jau sen tiek uzskat\u012bts par vienu no visvair\u0101k ienes\u012bgs un perspekt\u012bvu.<\/p>\n

K\u0101di ir ieguvumi<\/h2>\n

Ar 2012. gada \u0101rvalstu investori katru gadu iegulda studentu apartamenti ne maz\u0101k k\u0101 $6 miljardi \u2014 un tas ir skaitot tikai lieli dar\u012bjumi (d\u0101rg\u0101ks $7,5 miljoni). Nek\u0101 pievilc\u012bga \u0161\u0101ds r\u012bks?<\/p>\n

Pirmk\u0101rt, studentu skaits pasaul\u0113 pieaug<\/strong>. Saska\u0146\u0101 ar OECD (ekonomisk\u0101s sadarb\u012bbas un att\u012bst\u012bbas Organiz\u0101cijas), cilv\u0113ku skaits, kuri stud\u0113 \u0101rzem\u0113s, ir pieaudzis no 2 miljoniem 2000. gad\u0101 l\u012bdz 4,5 miljoniem 2012. gad\u0101, un l\u012bdz 2025. gadam to skaits sasniegs 8 miljonus cilv\u0113ku. Turkl\u0101t pieaug vid\u0113j\u0101s klases un skaita palielin\u0101\u0161ana tur\u012bgajiem cilv\u0113kiem valst\u012bs ar strauji augo\u0161u ekonomiku (\u012bpa\u0161i \u0136\u012bnas) noz\u012bm\u0113 ar\u012b piepras\u012bjuma pieaugums nomas studentu apartamenti.<\/p>\n

Liels piepras\u012bjums noz\u012bm\u0113, ka ir riski, ja ieguld\u012bjumu studentu apartamenti ir zem\u0101ka nek\u0101 veicot ieguld\u012bjumus \u043d\u0435\u0436\u0438\u043b\u0443\u044e nekustamo \u012bpa\u0161umu. T\u0101, nomniekiem biroju iev\u0113rojami ietekm\u0113 ekonomisk\u0101 situ\u0101cija, un studenti ir nepiecie\u0161ams m\u0101jokli vienm\u0113r, pat kr\u012bzes laik\u0101.<\/p>\n

Otrk\u0101rt, ienes\u012bgums studentu apartamenti liel\u0101ks<\/strong>, nek\u0101 ienes\u012bgums parasto dz\u012bvok\u013cu, \u0441\u0434\u0430\u044e\u0449\u0438\u0445\u0441\u044f ilgtermi\u0146a nomu. Labu rajonos eiropas pils\u0113t\u0101m studentu nekustam\u0101 \u012bpa\u0161uma rada vid\u0113ji 4-6 % gad\u0101, bet k\u0101 parastu m\u0101jok\u013cu \u2014 2-3 %. Ienes\u012bgums var b\u016bt augst\u0101ka vai zem\u0101ka par 4-6 % atkar\u012bb\u0101 no t\u0101, cik liela universit\u0101te, kas atrodas blakus, ir t\u0101lu, vai augstskola atrodas dz\u012bvoklis un cik t\u0101s ir kvalitat\u012bvas un modernas. Attiec\u012bgi, jo augst\u0101ka kvalit\u0101te un lab\u0101ka vieta, jo zem\u0101ka ir riski un liel\u0101ks ienes\u012bgums.<\/p>\n

Tre\u0161k\u0101rt, ieguld\u012bjumu studentu dz\u012bvoklis izce\u013cas ar zemu slieksni iek\u013c\u016b\u0161anai tirg\u016b<\/strong>. Ieg\u0101d\u0101ties dz\u012bvok\u013cus ir iesp\u0113jams par cenu, s\u0101kot no \u20ac90 000 \u2013 100 000, bet, lai ieguld\u012bjumu vesels \u0113ka b\u016bs nepiecie\u0161ami \u20ac15-30 miljoni Piem\u0113ram, investori var ieg\u0101d\u0101ties jaunus studentu dz\u012bvok\u013ci ar plat\u012bbu 17-23 m2 \u00a370 000 \u2013 100 000 Liverp\u016bl\u0113. Ienes\u012bgums (bez atskait\u012bt izdevumus) sasniegs 7 %, vai \u00a34 900 gad\u0101 ieg\u0101d\u0101joties studijas par \u00a370 000. \u0160aj\u0101 bud\u017eets iepirkumi var samazin\u0101t uz pusi, ja izmantot hipotek\u0101ros kred\u012btus. \u012apa\u0161niekiem lieliem bud\u017eetiem b\u016bs interesanta p\u0113rk visa kopm\u012btne. T\u0101tad, par \u20ac14,7 miljoni iesp\u0113jams ieg\u0101d\u0101ties studentu komplekss simts apartamentu Nirnberg\u0101. Ienes\u012bgums \u2014 4,9 %, vai vair\u0101k nek\u0101 \u20ac720 000 gad\u0101.<\/p>\n

V\u0113l viens pluss \u2014 pas\u012bvu vad\u012bbas<\/strong>. Uz\u0146\u0113mumu \u012bpa\u0161niekiem Krievij\u0101 starptautiskais nekustamo \u012bpa\u0161umu \u2014 r\u012bks ietaup\u012bt naudu, bet nav prim\u0101rais ien\u0101kumu avots, un vi\u0146iem nav laika par neatkar\u012bgu vad\u012bbu. Ja ieguld\u012bjumu studentu apartamenti vad\u012bba tiek veikta p\u0101rvald\u012bbas sabiedr\u012bba, kuras parasti ir att\u012bst\u012bt\u0101js, kur\u0161 uzc\u0113lis kopm\u012btnes, un ieguld\u012bt\u0101jam nav j\u0101dom\u0101 par da\u017e\u0101du probl\u0113mu risin\u0101\u0161an\u0101 (atrast \u012brnieku, remonts un pr). Izmaksas pakalpojumu p\u0101rvald\u012bbas sabiedr\u012bba \u2014 aptuveni 10 % no nomas ien\u0101kumiem.<\/p>\n

Piedal\u0101s \u0441\u043e\u0438\u043d\u0432\u0435\u0441\u0442\u0438\u0440\u043e\u0432\u0430\u043d\u0438\u0438 b\u016bvniec\u012bbas apartamentu kompleksu Eirop\u0101, lai priv\u0101tajiem investoriem noz\u012bm\u0113 pas\u012bv\u0101 ieguld\u012bjuma (mened\u017ementu nodarbojas p\u0101rvald\u012bbas sabiedr\u012bba), l\u012bdz ar to pirc\u0113ji g\u016bst ien\u0101kumus ne tikai no \u012bres, bet ar\u012b no \u0440\u0435\u0434\u0435\u0432\u0435\u043b\u043e\u043f\u043c\u0435\u043d\u0442\u0430.<\/p>\n

Zem\u016bdens akme\u0146i<\/h2>\n

Tom\u0113r, t\u0101pat k\u0101 ar invest\u012bcij\u0101m jebkura cita veida nekustamo \u012bpa\u0161umu, ieguld\u012bjumiem studentu apartamenti ir savi riski. Piem\u0113ram, studentu dz\u012bvoklis gr\u016bti (vai, dr\u012bz\u0101k, nav iesp\u0113jams) b\u016bt nepiecie\u0161ams repurpose, jo tie atrodas specializ\u0113tos kompleksos blakus augstskol\u0101m, un par tiem var dz\u012bvot tikai studenti. Pa\u0161i investori nevar izmantot dz\u012bvok\u013ci savu dz\u012bvesvietu, t\u0101pat k\u0101 palikt tiem k\u0101du, kas nav students. Un, ja dz\u012bvoklis atrodas ne pa\u0161\u0101 popul\u0101raj\u0101 tirgus un piepras\u012bjums p\u0113c \u0161\u012b augstskola ir samazin\u0101jies, \u012bpa\u0161niekam b\u016bs gr\u016bti p\u0101rdot objektu.<\/p>\n

Likvidit\u0101te studentu apartamenti ir zem\u0101ka likvidit\u0101te nek\u0101 parastu dz\u012bvok\u013cu, tom\u0113r augst\u0101ks, nek\u0101 nedz\u012bvojamo objektu.<\/p>\n

Ir svar\u012bgi saprast, ka studentu dz\u012bvoklis kopm\u012btn\u0113s \u2014 tas nav tas pats, kas parast\u0101 dz\u012bvok\u013cu daudzdz\u012bvok\u013cu \u0113k\u0101s. Bie\u017ei vien b\u016bvnieki izmanto pieredzes investorus un reklam\u0113t studijas daudzdz\u012bvok\u013cu m\u0101ju teritorij\u0101s, kas atrodas blakus augstskol\u0101m, k\u0101 ar\u012b studentu dz\u012bvoklis. At\u0161\u0137ir\u012bba ir t\u0101, ka dokumentos j\u0101b\u016bt nor\u0101d\u012btam, ka objekts var izmantot tikai k\u0101 studentu kopm\u012btnes un dz\u012bvot \u0113k\u0101 var tikai universit\u0101tes studenti.<\/p>\n

K\u0101 min\u0113ts iepriek\u0161, ir ienes\u012bgums studentu apartamenti ir 4-6 %. Ja p\u0101rdev\u0113js sola augstu ienes\u012bgumu (9-10 % vai vair\u0101k), tad visticam\u0101k, ka invest\u012bcijas b\u016bs saist\u012btas ar papildu risku \u2014 \u043d\u0435\u043f\u0440\u0438\u0432\u043b\u0435\u043a\u0430\u0442\u0435\u043b\u044c\u043d\u043e\u0435 atra\u0161an\u0101s vietu un attiec\u012bgi, zems piepras\u012bjums, slikta p\u0101rvald\u012bba vai \u0438\u0437\u043d\u043e\u0448\u0435\u043d\u043d\u043e\u0441\u0442\u044c \u0113kas. Lai pasarg\u0101tu sevi no p\u0113d\u0113j\u0101s riska \u2014 zemas kvalit\u0101tes, objektu un to noveco\u0161anu \u2014 ieteicams ieg\u0101d\u0101ties jaunus objektus. Vislab\u0101k ieg\u0101d\u0101ties dz\u012bvok\u013cus prim\u0101raj\u0101 tirg\u016b, jo p\u0113rkot sekund\u0101ro m\u0101jok\u013cu \u0101tri rodas izdevumi par remontu, k\u0101 d\u0113\u013c samazin\u0101s ra\u017ea.<\/p>\n

Kur nopirkt<\/h2>\n

Pirkt studentu dz\u012bvoklis izdev\u012bgi Lielbrit\u0101nij\u0101, V\u0101cij\u0101 un Francij\u0101. \u0160ie tirgi ir ticami, un ir augsts piepras\u012bjums no viet\u0113jiem un \u0101rvalstu studentiem (\u012bpatsvars p\u0113d\u0113jo sast\u0101da 10-20 % no kop\u0113j\u0101 skol\u0113nu skaita). Iesp\u0113jas un priv\u0101to investoru tirgos, Austrij\u0101, Sp\u0101nij\u0101 un \u0160veic\u0113 ir ierobe\u017eotas, jo tur ir t\u0101di objekti v\u0113l projekt\u0113\u0161anas stadij\u0101 p\u0113rk uz\u0146\u0113muma investoriem \u2014 komp\u0101nij\u0101m un fondiem. Kas attiecas uz ASV \u2014 par liel\u0101ko tirgus studentu dz\u012bvok\u013ci, kas tad tur pied\u0101v\u0101jums ir lieka, potenci\u0101ls, nomas maksas likmju pieauguma potenci\u0101ls ir ierobe\u017eots, un pat viet\u0113jie investori dodas uz eiropas tirgiem, mekl\u0113jot liel\u0101ku pe\u013c\u0146u pied\u0101v\u0101jumus.<\/p>\n

Ja izv\u0113laties pils\u0113tu, ir nepiecie\u0161ams piev\u0113rst uzman\u012bbu kl\u0101tb\u016btni “magn\u0113ts” \u2014 kas atrodas net\u0101lu tautas augstskolas, k\u0101 ar\u012b nav p\u0101rm\u0113r\u012bgu pied\u0101v\u0101jumu viet\u0113j\u0101 tirg\u016b nomas, kur studentu apartamentiem var sast\u0101d\u012bt konkurenci liels skaits priv\u0101to dz\u012bvok\u013cu un ienes\u012bgumu negat\u012bvi ietekm\u0113s zems nomas cenu.<\/p>\n

Svar\u012bga ir ar\u012b demogr\u0101fisk\u0101 situ\u0101cija \u2014 cik pieaug un pieaugs studentu skaits pils\u0113t\u0101. Ja izgl\u012btojamo skaits nemain\u0101s vai samazin\u0101s, bet tiek b\u016bv\u0113tas jaunas kopm\u012btnes un kompleksi, tad noslogojums ir zems, apartamenti tiks \u043f\u0443\u0441\u0442\u043e\u0432\u0430\u0442\u044c un ieguld\u012bjumi nes\u012bs pe\u013c\u0146u. Piem\u0113ram, V\u0101cij\u0101 studentu skaits pieaug gandr\u012bz visur, bet ir pils\u0113tas, piem\u0113ram, Jenas un Greifsvalde, kur skol\u0113nu skaits piecu gadu laik\u0101 ir samazin\u0101jies par 10-11 %.<\/p>\n

Lielbrit\u0101nij\u0101 par ieguld\u012bjumu studentu apartamenti sola lielas universit\u0101tes centri ar nepietiekamu pied\u0101v\u0101jumu m\u0101jok\u013cu, piem\u0113ram, Bristol, Londona, Oksforda un apskates vietas, k\u0101 ar\u012b Manchester. V\u0101cij\u0101 potenci\u0101ls ir Bav\u0101rijas pils\u0113t\u0101m (W\u00fcrzburg, Nirnberga, Passau), k\u0101 ar\u012b Heidelberg un Frankfurte pie Mainas. Francij\u0101 labas invest\u012bciju iesp\u0113jas ir pils\u0113t\u0101s Aix-en-Provence, Lille, Monpelj\u0113, \u041f\u0435\u0441\u0441\u0430\u043a, Marse\u013ca, Strasb\u016bra.<\/p>\n

\u041b\u0430\u0439\u0444\u0445\u0430\u043a investoriem \u2014 vieni no pirmajiem, lai uzzin\u0101tu, kur un kad tiks atv\u0113rts fakult\u0101te vai jaunu universit\u0101te, un nopirkt atrodas dz\u012bvoklis.<\/p>\n

Piem\u0113ram, l\u012bdz 2017. gadam s\u0101ksies b\u016bvniec\u012bba universit\u0101tes K\u0101rdifas starptautisk\u0101 ar\u0113na, un pateicoties projektam, viet\u0113j\u0101 universit\u0101te piesaist\u012bs 2 000 studentu no visas pasaules. Bet l\u012bdz 2019 zieme\u013cu nomal\u0113 Par\u012bz\u0113 tiks atv\u0113rts Eirop\u0101 liel\u0101kais universit\u0101tes soci\u0101lo zin\u0101t\u0146u fakult\u0101tes, kur\u0101 b\u016bs str\u0101d\u0101t un m\u0101c\u012bties, pasniedz\u0113ji un studenti no vair\u0101k\u0101m universit\u0101t\u0113m.<\/p>\n

Ar izplat\u012b\u0161anu interneta tehnolo\u0123ijas arvien liel\u0101ku popularit\u0101ti ieg\u016bs t\u0101lm\u0101c\u012bba, tom\u0113r tradicion\u0101l\u0101s formas veidojumi paliek uzman\u012bbas centr\u0101, studentu n\u0101kamajos gadu desmitos. Un tas noz\u012bm\u0113, ka studentu apartamenti net\u0101lu augstskolu visus, t\u0101pat b\u016bs popul\u0101rs.<\/p>\n

Georgijs \u041a\u0430\u0447\u043c\u0430\u0437\u043e\u0432, vado\u0161ais partneris Tranio<\/p>\n","protected":false},"excerpt":{"rendered":"

Galven\u0101 probl\u0113ma krievvalod\u012bgo investoru \u2014 atrast optim\u0101lu (attiec\u012bb\u0101 uz riska un ienes\u012bguma) objekta ieguld\u012bjumu. Viena neapdz\u012bvojama komerci\u0101lo nekustamo \u012bpa\u0161umu, parasti<\/p>\n","protected":false},"author":1,"featured_media":468,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[144],"tags":[],"class_list":["post-1780","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nodoklu-informacija-francija"],"translation":{"provider":"WPGlobus","version":"3.0.0","language":"lv","enabled_languages":["ru","uk","en","de","fr","it","es","pl","pt","bg","cs","da","et","fi","hr","hu","lt","lv","mk","no","ro","sk","sl","sq","sr","tr","nl","am","ca","sv"],"languages":{"ru":{"title":false,"content":false,"excerpt":false},"uk":{"title":false,"content":false,"excerpt":false},"en":{"title":false,"content":false,"excerpt":false},"de":{"title":false,"content":false,"excerpt":false},"fr":{"title":false,"content":false,"excerpt":false},"it":{"title":false,"content":false,"excerpt":false},"es":{"title":false,"content":false,"excerpt":false},"pl":{"title":false,"content":false,"excerpt":false},"pt":{"title":false,"content":false,"excerpt":false},"bg":{"title":false,"content":false,"excerpt":false},"cs":{"title":false,"content":false,"excerpt":false},"da":{"title":false,"content":false,"excerpt":false},"et":{"title":false,"content":false,"excerpt":false},"fi":{"title":false,"content":false,"excerpt":false},"hr":{"title":false,"content":false,"excerpt":false},"hu":{"title":false,"content":false,"excerpt":false},"lt":{"title":false,"content":false,"excerpt":false},"lv":{"title":true,"content":true,"excerpt":false},"mk":{"title":false,"content":false,"excerpt":false},"no":{"title":false,"content":false,"excerpt":false},"ro":{"title":false,"content":false,"excerpt":false},"sk":{"title":false,"content":false,"excerpt":false},"sl":{"title":false,"content":false,"excerpt":false},"sq":{"title":false,"content":false,"excerpt":false},"sr":{"title":false,"content":false,"excerpt":false},"tr":{"title":false,"content":false,"excerpt":false},"nl":{"title":false,"content":false,"excerpt":false},"am":{"title":false,"content":false,"excerpt":false},"ca":{"title":false,"content":false,"excerpt":false},"sv":{"title":false,"content":false,"excerpt":false}}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/nalog.fr\/lv\/wp-json\/wp\/v2\/posts\/1780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nalog.fr\/lv\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nalog.fr\/lv\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nalog.fr\/lv\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nalog.fr\/lv\/wp-json\/wp\/v2\/comments?post=1780"}],"version-history":[{"count":0,"href":"https:\/\/nalog.fr\/lv\/wp-json\/wp\/v2\/posts\/1780\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nalog.fr\/lv\/wp-json\/wp\/v2\/media\/468"}],"wp:attachment":[{"href":"https:\/\/nalog.fr\/lv\/wp-json\/wp\/v2\/media?parent=1780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nalog.fr\/lv\/wp-json\/wp\/v2\/categories?post=1780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nalog.fr\/lv\/wp-json\/wp\/v2\/tags?post=1780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}