Why not every property is suitable for Zeker Wonen Fondsen

Two ways to find property

Zeker Wonen Fondsen finds suitable properties in two ways. Part of the supply comes from its own active search for promising properties. In addition, it uses a network of estate agents, private investors, corporate parties, family funds and developers who put forward potential properties.

The focus is deliberately on existing, dated property with optimisation potential: properties that are made attractive again for the rental market through sustainability upgrades and, where possible, splitting. According to Zeker Wonen Fondsen, this not only adds value to the fund, but also adds capacity to the housing market.

As far as the region is concerned, Zeker Wonen Fondsen focuses on the south of the Netherlands. The organisation indicates that it deliberately chooses this, because these are the markets it knows well and where it has a strong local network.

Nine steps before a property is bought

Every property that is put forward goes through a fixed procedure before a purchase decision is taken. This procedure consists of nine steps:

1. 01

   A financial quick scan, in which an initial estimate is made of the feasibility and return potential.

2. 02

   A detailed financial analysis, in which costs, income and risks are calculated in depth.

3. 03

   A review of the relevant legal and administrative documentation of the property.

4. 04

   A site visit, in which the property and its immediate surroundings are physically inspected.

5. 05

   A check against local regulations, including splitting policy, the applicable zoning plan and municipal rules.

6. 06

   An independent valuation of the property.

7. 07

   A structural survey, in which the condition of the property is established and the scope of the renovation is estimated.

8. 08

   A risk analysis in the form of a SWOT analysis, in which opportunities and risks are weighed against each other.

9. 09

   Only when all the previous steps have been completed positively does the actual purchase follow.

This structure ensures that a purchase decision is not taken on the basis of a first impression, but on the basis of financial, legal, structural and market-related testing.

From purchase to letting

After purchase, the process of renovation, sustainability upgrades and, where legally and technically possible, splitting of the property begins. The goal is always the same: to make an outdated or underused property suitable for sustainable, professional letting.

The nine steps that Zeker Wonen Fondsen goes through show that purchase decisions are made with careful consideration. For investors considering investing indirectly in property through a bond fund, insight into this process provides a useful basis for assessing a fund provider's approach.

Would you like to know more about the way Zeker Wonen Fondsen selects and buys property, or about the opportunities within Zeker Wonen Fonds III? Request the brochure without obligation or contact us for a personal conversation.