Rent or Sell: What’s the Best Option for Your Flat in Kochi

Posted onMar 28, 2025

If you have to move out of Kochi for some reason, you may be wondering what to do with your house. Whether you should rent or sell is an age-old question, but of course, there is no single correct answer for everyone. One thing is sure, whether you want to rent it out or sell your property, you are bound to find plenty of takers for both. This is very clearly seen in the real estate market trends in Kochi, with demand spiking for residential properties, especially flats.

What is Your Goal?

Do you want a big sum of money right away, or a steady monthly income for a prolonged period? That is the question you need to answer. Selling it off means you get bulk funds right away and can use it to pay off a loan, start a business, or buy another property elsewhere. You lose all rights over it, and you don’t need to be responsible for its upkeep either. 

If you give your apartment out on rent, you can continue to enjoy a steady monthly income for many years. However, there is work for you to do, like maintaining the house, ensuring repairs, painting, etc. are done on time, collecting the rent, finding tenants and screening them, and so on.

You also need to check the market conditions before selling it, because your decision cannot obviously be reversed. Whereas you can change your decision to rent when the lease is up, or even in the middle of the tenure, by paying the tenant a month’s rent back or as per agreed terms.

When and Why To Rent Out your Apartment

If the market is slow, you should hold off on selling your property unless you are in need of funds urgently. When the market is down, you are not likely to get a good price for your apartment. Renting it out was a much better strategy in that time. You can earn a steady stream of income month on month, and when the market picks up and there is a huge value appreciation, you can think of selling.

It also depends on your plans; are you permanently moving out of Kochi? If you are, then it makes more sense to sell it, especially if you’re going abroad. Finding tenants and collecting the rent, or even maintaining the property, is going to be very tough from abroad. But if your move is temporary, and you plan to return in a few years, it may be better for you to give it on rent, so that you have a place to live when you return. When you know everything you need to know about Kochi's exploding rental market, you will be convinced that it is an excellent strategy, provided you are not in urgent need of funds.

When and Why to Sell your Apartment

Let’s say that the market is in a boom phase, and the property prices are high like never before. Unless you need that property for your own use, this is the time to sell, and make a good profit in the bargain. Remember that there is a limit for appreciation also, and that it won’t go up beyond a certain level. Also, you will need to pay capital gains tax on this profit. But you can avoid it by investing the proceeds in certain bonds or long-term deposits as notified, or by purchasing another property, within a specific time period. 

Selling may also be necessary if you need funds to pay off your creditors, start a business, or for medical emergencies and similar situations. If you are permanently moving abroad, or to another city in India, and are sure that you won’t return, then too, selling is the right choice.

Also Read: exploring the benefits of homeownership vs. renting in Kochi

Conclusion

So you can see that whether you should sell or rent out your property depends on your goals, needs, and your specific situations. Hopefully, this will serve as a guide for you to make the right decision.

But you never need doubts when you invest in Varma Homes apartments. With buildings in the most prestigious residential areas in Kochi and featuring a wide range of amenities that enhance comfort and luxury, you can be sure it will always be in demand, whether you decide to sell or rent.

Looking for a hassle-free investment? Explore our Ready To Occupy Flats in Kochi, offering prime locations and modern amenities. Whether you choose to rent or sell, our properties are always in demand. Contact us today for more details.

FAQs

Should I rent or sell my flat in Kochi?

The decision to rent or sell your flat depends on your financial goals and personal situation. If you need immediate funds for a large expense, selling may be the right choice. However, if you prefer a steady monthly income and plan to retain ownership, renting is a good option. Consider market conditions, your long-term plans, and the time you can dedicate to property management before deciding.

When is the best time to rent out my property in Kochi?

Renting is a great option if the real estate market is slow, as it allows you to earn a steady income while waiting for market conditions to improve. If you are temporarily moving out of Kochi or plan to return in a few years, renting out your apartment can also provide you with a place to return to without the hassle of purchasing a new property.

When should I sell my apartment in Kochi instead of renting it out?

Selling your property is ideal when the real estate market is experiencing a boom, and property prices are high. This allows you to take advantage of the market’s peak. Selling may also be necessary if you urgently need funds for emergencies, a business investment, or if you are permanently relocating.