Peralia Properties

Peralia Properties

Real Estate

Creating Memorable Stays, Shared Spaces, and Property with Purpose

About us

Welcome to Peralia Properties. We are a husband and wife led team based in Manchester focusing on building portfolios of Family Lets, HMO and Holiday Lets in the UK. We help you sell your property fast, within 28 days, without the need for estate agents and in complete confidence. We also provide Holiday Lets dedicated to exceptional accommodation and experiences for both large families and friendship groups specialising in modern yet cozy escapes in the UK for groups of 10 to 20 people within a contemporary holiday home. We look after your needs and preferences, so you can focus on creating memories during your home from home UK holiday. Our HMOs extend our commitment to cozy and comfortable living by offering modern, clean, and affordable accommodation for students or young professionals in shared accommodation. We strive to create an environment that feels like home, fostering a sense of belonging for each resident. Finally, at Peralia Properties, we embrace a 'Property with Purpose' ethos, where a portion of our profits is dedicated to supporting homeless charities. Our dedication to giving back means that when you do business with us, you're not only enjoying a pleasant stay but also contributing to a good cause. When you choose Peralia Properties it directly impacts those in need, making a positive difference in the community.

Website
www.peraliaproperties.com
Industry
Real Estate
Company size
2-10 employees
Headquarters
Manchester
Type
Privately Held
Founded
2023
Specialties
Holiday Lets, HMOs, Portfolio Building, Portfolio Acquisition, Deal Sourcing, and Property Investment

Locations

Employees at Peralia Properties

Updates

  • We knew it would happen, but what now?

    View profile for Raj Kalia, graphic

    Co-Founder & Director Peralia Properties | Helping you invest in property to get the lifestyle you deserve | Investor | Property Developer | Telecoms Consultant

    The Inevitable Has Happened - So What Now? Put your head in the sand? Postpone your investment dreams?  Take it in your stride?  Most macro factors like election results, global pandemics, and wars are entirely out of our control. That doesn't mean they can't impact us, but what's done is done, and we focus on the old mantra 'control the controllable'. Labour will likely raise taxes, and probably make investing in property even more challenging than it's been, with more regulation and maybe even some punitive measures aimed at 'levelling' the playing field. However the reality is that no matter what promises they make for house building, we will continue to have a major housing shortage in the UK and so for many years to come there will be an opportunity to make money from creating places for people to live/work/stay. If we look at history, any attempts by government to 'fix' this with rent control, or attacks on landlords, will only increase the 'opportunity' for those of us who roll up our sleeves and tackle whatever new challenges are introduced, whilst others flee the market for the next 'get rich quick' opportunity.  If you're looking for a get rich quick scheme then property was never the right option for you, but if you're looking to create sustainable, life changing, wealth, then bricks and mortar is as good an option today as it was yesterday. I am working with investors to buy portfolios at a discount and delivering them great returns either debt or equity. If you'd like to now more reach out, otherwise keep calm and carry on!

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  • Who said this?

    View profile for Raj Kalia, graphic

    Co-Founder & Director Peralia Properties | Helping you invest in property to get the lifestyle you deserve | Investor | Property Developer | Telecoms Consultant

    The answer to last weeks Monday morning teaser was of course Gary Player ("The more I work and practice, the luckier I seem to get") this week is for all you dreamers out there, which I hope is all of you. Who said this?

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  • Some HMO tips to consider before you jump in

    View profile for Raj Kalia, graphic

    Co-Founder & Director Peralia Properties | Helping you invest in property to get the lifestyle you deserve | Investor | Property Developer | Telecoms Consultant

    The 5C's for Finding an HMO An HMO can make an attractive investment choice for several reasons and not just profit related. Firstly, HMOs address housing shortages by maximising the use of existing housing stock. They also support modern hared living lifestyles offering affordability and a sense of community. This demand also makes an HMO a potentially high yield investment you should own in a diversified investment portfolio. Here are 5 simple steps to consider when you develop a House of Multiple Occupation (HMO) 1. Capacity – if it is a multi-let property then you want to be able to split your house into at least four letting rooms. If it is an HMO no smaller than 5 and no larger than 7 are recommended. Remember anything larger than 6 beds will require planning permission so if you're starting out you might want to focus on up to 6 beds which can be done with permitted development unless in an Article 4 2. City – you have three target markets (young professionals, students and benefit tenants). Student tenants can be a large risk these days as so many universities are building their own accommodation which is then newer and more modern and leaves your HMOs empty, so do you research carefully. Benefits tenants are the hardest work and with universal credit have made collecting payments far harder. If young professionals, then you need to ensure the city has enough young professionals working in the area that would want a property (see the check criteria). 3. Capital – buy with minimum population of 80,000 within five miles of the city centre (It is recommended that an HMO is actually within 1 mile of the city centre so that the tenants can walk into town (If student HMO then within 1 mile of the University or main university area). Finding an HMO near a hospital is also beneficial as it can ensure you generate the rental demand. 4. Cashflow – your profit from HMO comes from all rooms being occupied which is why the Check criteria is so valuable. Your property needs to make you at least a 10% return on capital employed. Of course, over time you can release equity back out and this improves. Must be a minimum of 10% at the start of the project. If you combine the HMO concept with a Buy, Refurbish, Refinance (BRR) strategy you can increase the return of capital considerably. 5. Check – run an advert on spareroom or other ‘room’ websites to check there is a demand for rooms of this type before buying. Look for at least ten replies in the first week before you consider moving forward. Ensure the advert is direct and clear at the tenant type (e.g. young professionals only). If you follow these simple steps you will improve your chances of a profitable entry into the HMO market and by working with the right industry professionals you can ensure success from the outset. INVESTMENT ALERT __________________ I am currently purchasing portfolios at a discount both HMO and BTL if you'd like a great return on your investment get in touch

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  • Is it coming home or not?

    View profile for Raj Kalia, graphic

    Co-Founder & Director Peralia Properties | Helping you invest in property to get the lifestyle you deserve | Investor | Property Developer | Telecoms Consultant

    It's 25th June and England have already qualified for the last 16 of the Euros as a result of Spain beating Albania 1-0 last night. But their game tonight against Slovenia will determine what position they qualify from the group in and then who they face in the knockout stage. So this week's poll is easy. Is it coming home? Or is it not?

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  • Vendor Finance - A short description

    View profile for Raj Kalia, graphic

    Co-Founder & Director Peralia Properties | Helping you invest in property to get the lifestyle you deserve | Investor | Property Developer | Telecoms Consultant

    Ever Wondered About Vendor Finance and How It Works? Well here is the 2 minute description. Vendor finance is a method in which the seller of a property provides financing to the buyer, usually instead of a traditional mortgage. In other words the vendor becomes the bank and you agree the lending terms between you. This becomes an option whenever there is a sale and the property is unencumbered, i.e. there is no mortgage to settle as part of the sale. Here's an example to illustrate where you agree with the vendor an interest-only loan at a 6% interest rate to purchase a house in the UK that costs £300,000. Here's how it might work: Purchase Price: The house costs £300,000. Deposit: Let's assume a deposit of £50,000. This means you would need financing for the remaining £250,000. Vendor Finance Amount: The vendor is willing to finance the remaining £250,000 at an interest-only rate of 6%. Interest Payments: With an interest only loan, you would only pay the interest on the loan each month, rather than paying down the principal (the original amount borrowed). So, in this case, your monthly interest payment would be £1,250 each month (250,000 (Loan Amount) * 6% (Interest Rate) / 12 (Months) = £1,250 per month). Term: The term of the loan would need to be negotiated with the vendor. It could be a short-term loan, such as five years, or a longer-term arrangement. Balloon Payment: Depending on the terms negotiated, there might be a balloon payment due at the end of the loan term. This is a large, final payment that covers the remaining balance of the loan. In this case, at the end of the loan term, you would need to pay back the full £250,000 to the vendor. usually you refinance using traditional lenders. It's important to note that while vendor financing can offer flexibility and alternative financing options, it's crucial to thoroughly understand the terms of the agreement and ensure they align with your financial goals and capabilities. It's also recommended to consult with a lawyer and financial advisor to review any contracts before proceeding. So there you have it, a new strategy to use. Finally remember there is no real money changing hands during, it's a paper transaction but it only works in specific circumstances.

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  • It's all about Happiness

    View profile for Raj Kalia, graphic

    Co-Founder & Director Peralia Properties | Helping you invest in property to get the lifestyle you deserve | Investor | Property Developer | Telecoms Consultant

    Last week's quote "Don't let the fear of losing be greater than the excitement of winning" was of course Robert Kiyosaki. This week my quote is influenced by the week I just had, where on a 3 day mindset session I realised my core values were Happiness, Love and Success. So with that in mind, who said this? Have a happy and successful week.

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  • Peralia Properties reposted this

    View profile for Raj Kalia, graphic

    Co-Founder & Director Peralia Properties | Helping you invest in property to get the lifestyle you deserve | Investor | Property Developer | Telecoms Consultant

    It was Grant Cardone who was the inspiration for last week's quote. This week's is an old favourite so get your thinking caps on and here's to a winning week ahead! Who said this?

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  • Peralia Properties reposted this

    View profile for Raj Kalia, graphic

    Co-Founder & Director Peralia Properties | Helping you invest in property to get the lifestyle you deserve | Investor | Property Developer | Telecoms Consultant

    Supply Outstrips Demand. So Is Now A Good Time To Buy? Money Week wrote a really interesting article about the housing market basically outlining it's a buyers market. Here is my 5 point summary. Are you buying in this market? I am, read the post to the end to find out how you can make £2k in 2 mins. 1. As inflation starts to settle and hopes of an interest rate cut rise, buyers and sellers appear more confident. 2. The Zoopla research suggests that as of 19 May, the level of property stock for sale is up 20% annually and 25% higher in value terms. 3. The growth in supply of homes for sale is evidence of renewed confidence amongst homeowners, some of whom delayed moving decisions in 2023. The SW of England has recorded a 33% increase in homes for sale compared to last year, with an above-average increase in the expansion in four-bed homes. This is attributed to tax changes for holiday lets and the prospect of double council tax for second homes, which may be encouraging holiday home owners to sell. 4. So is now a good time to buy a property? Well an interest rate cut over the summer could bring down the cost of borrowing, making homes more affordable for buyers and increasing demand in the housing market. 5. Growing supply is one reason that UK house price growth this year will be limited to low single digits,” says Tom Bill, head of UK residential research at Knight Frank. Asking prices therefore need to reflect the fact that buyers have more choice and tighter budgets. So will you be buying now? With a flat 2024, possible uncertainty from a General Election and more sellers than buyers, it all looks like a buyers market still. ______ I'm currently buying portfolios of BTL and HMO and looking for 2 investors that want a great return on their investment. Do you know anyone like that? If so get in touch and an introductory fee of up to £2k could be yours. ”

    Zoopla: UK property supply hits eight-year high ahead of general election

    Zoopla: UK property supply hits eight-year high ahead of general election

    moneyweek.com

  • Peralia Properties reposted this

    View profile for Raj Kalia, graphic

    Co-Founder & Director Peralia Properties | Helping you invest in property to get the lifestyle you deserve | Investor | Property Developer | Telecoms Consultant

    How To Maximise The Success of Your Project Property projects can be stressful at the best of times, so adopting a 'control the controllable' approach is crucial for success. Here are five tips that can help you put your hands around any project: Thorough Planning and Risk Assessment Before embarking on any property project, always, always invest significant time in meticulous planning and risk assessment. Identify potential risks and challenges, such as safety regulations, environmental concerns, or market fluctuations, and develop contingency plans to mitigate them. Effective Communication and Collaboration Your project is not an island so ensure you establish clear lines of communication and foster collaboration between all stakeholders involved including architects, contractors, suppliers, and local authorities. Remember many smaller projects make use of Permitted Development rights so know what you do and do not need to communicate to local authorities. On Budget and On Schedule Firstly, ensure you have a realistic budget and timeline and stick to them! Monitor expenses closely, closely manage the project schedule, identifying potential bottlenecks early on. Know the dependencies and the critical path for your project so you can plan the schedule well. Delays and cost overruns can often be controlled or minimized through diligent monitoring and proactive decision-making. Quality Control and Assurance Now more then ever try to prioritise quality throughout every phase of the project from design and construction to finishing touches, your customer will choose quality every time! Implement robust quality control measures to ensure that materials meet standards. Regular inspections and quality assurance checks help identify and rectify any issues promptly, preventing larger problems down the line and Quantity Surveyor can often help here and is money well spent managing the interface between you and the developer. Flexibility and Adaptability Finally, unexpected challenges will arise during the course of a property project and this is where control the controllables comes into play most. Always maintain a flexible mindset and be prepared to adapt to changing circumstances swiftly. Whether it's adjusting the project scope, sourcing alternative materials, or renegotiating contracts. By remaining agile and proactive, you can maintain control over the project's trajectory even in the face of uncertainty. By following these tips and focusing on controlling the controllables, you can enhance the likelihood of a successful outcome for your property projects. I've been fortunate enough to manage projects of all sizes, even into the multi millions and billions of pounds and take all that knowledge into how I work with investors to help them scale their property investments. I currently have multiple portfolios in flight and looking for investors with £10k to £100K that want a great return on their investment. Do you know anyone like that?

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  • Peralia Properties reposted this

    View profile for Raj Kalia, graphic

    Co-Founder & Director Peralia Properties | Helping you invest in property to get the lifestyle you deserve | Investor | Property Developer | Telecoms Consultant

    What Are The Best Property Strategies According To ChatGPT? What does ChatGPT now about UK property? I asked this question and here is what I got back.... Summarise the top property strategies in the UK market outlining which ones give the best returns and quantify the returns. Start with the best returns first. The answer surprised me somewhat, no mention of HMOs for instance, maybe that's because I asked a poor question. Anyway what are your thoughts? Is property development the best strategy in the current climate? What are your thought on BTL and the returns available? Is commercial really more attractive than the position states? Answer in the comments please. _______ Here are the top property strategies in the UK market, outlined by their potential returns: 1. Property Development: Description: Involves purchasing land or existing properties to build new units or refurbish existing ones. Returns: Can yield returns of 20-30%+ on investment depending on the project scale, location, and market conditions. Example: Developing residential apartments in a high-demand urban area can significantly increase property value, leading to substantial capital gains. 2. House Flipping: Description: Buying properties at a discount, renovating them, and selling them at a higher price. Returns: Typically offers 15-25% return on investment within a short period (6-12 months). Example: Purchasing a distressed property, upgrading its features, and selling it in a buoyant market can lead to quick and substantial profits. 3. Buy-to-Let: Description: Purchasing residential properties to rent out to tenants. Returns: Provides an annual rental yield of 4-8%, plus potential capital appreciation of 3-5% per year. Example: A property in a student area can offer consistent rental income and the potential for long-term value growth. 4. Commercial Property Investment: Description: Involves investing in office spaces, retail units, or industrial properties. Returns: Yields 6-10% annually from rental income, plus capital appreciation. Example: Acquiring a well-located office building and leasing it to businesses can ensure stable returns with less tenant turnover. 5. Real Estate Investment Trusts (REITs): Description: Investing in publicly traded companies that own, operate, or finance income-producing real estate. Returns: Average annual returns of 5-10%, combining dividend income and share price appreciation. Example: Investing in a diversified REIT portfolio can provide exposure to various property sectors with lower risk and liquidity. Each strategy varies in terms of risk, investment horizon, and level of active involvement required. Investors should choose based on their financial goals, risk tolerance, and market expertise. _______ I work with investors that want great returns from property investment and long term success. Do you know anyone like that? Get in touch for a free consultation.

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