Real estate What to pay attention to before buying an apartment

greenieS

Verified member
1. Research the real estate market carefully!

Perhaps one of the most important tips we can give you is to research the market carefully before making a purchase. It is essential to know that the value of the apartment will reflect at least what you paid. Watch as many places as possible looking for properties that fit your criteria, so that you can get a clearer idea of what you want and how much you are willing to pay.

2. Decide on the area!

Before paying more attention to the criteria that the property you want should meet, first decide the area in which you would like to buy the apartment.

Check if the property you are interested in is close to the facilities you need (shops, public transport, parks, hospitals, schools, service, gym, etc.). This aspect will be extremely useful in the long run because you will earns valuable time.

Also consider whether the building is close to clubs, cafes or restaurants. Also consider the amount of noise in the area - Will it be noisy at rush hour? Will noise affect your lifestyle?

3. Take into account the age of the building!

Even if the apartment you want meets most of your requirements, don't forget to take into account the age of the building.

4. Carefully inspect the apartment!

If you have reached the point where you have already decided on a few apartments, take the time to inspect their interior. Carefully check if the floor is weak, the parquet is damaged, the walls are damaged or there are obvious traces of mold. An extra attention paid to these details at the beginning, will later save you from investing in repairs and extra money spent.

5. Make sure you have a parking space!

If you have a car, an important question to ask is the parking space. Will you be provided with parking with the purchase of the apartment or do you have to pay extra for it? Check with the seller of the apartment if his parking space will be made available to you. If the previous owner did not have a vehicle, discuss with the block administrator about the possibility of requesting a parking space.

Acquiring an apartment is a considerable investment, which is why checking some aspects that you may not have thought of in the first phase is extremely important. Make sure you spend enough time looking for the much desired apartment so that in the end you are really satisfied with the investment made.
 
1. Research the real estate market carefully!

Perhaps one of the most important tips we can give you is to research the market carefully before making a purchase. It is essential to know that the value of the apartment will reflect at least what you paid. Watch as many places as possible looking for properties that fit your criteria, so that you can get a clearer idea of what you want and how much you are willing to pay.

2. Decide on the area!

Before paying more attention to the criteria that the property you want should meet, first decide the area in which you would like to buy the apartment.

Check if the property you are interested in is close to the facilities you need (shops, public transport, parks, hospitals, schools, service, gym, etc.). This aspect will be extremely useful in the long run because you will earns valuable time.

Also consider whether the building is close to clubs, cafes or restaurants. Also consider the amount of noise in the area - Will it be noisy at rush hour? Will noise affect your lifestyle?

3. Take into account the age of the building!

Even if the apartment you want meets most of your requirements, don't forget to take into account the age of the building.

4. Carefully inspect the apartment!

If you have reached the point where you have already decided on a few apartments, take the time to inspect their interior. Carefully check if the floor is weak, the parquet is damaged, the walls are damaged or there are obvious traces of mold. An extra attention paid to these details at the beginning, will later save you from investing in repairs and extra money spent.

5. Make sure you have a parking space!

If you have a car, an important question to ask is the parking space. Will you be provided with parking with the purchase of the apartment or do you have to pay extra for it? Check with the seller of the apartment if his parking space will be made available to you. If the previous owner did not have a vehicle, discuss with the block administrator about the possibility of requesting a parking space.

Acquiring an apartment is a considerable investment, which is why checking some aspects that you may not have thought of in the first phase is extremely important. Make sure you spend enough time looking for the much desired apartment so that in the end you are really satisfied with the investment made.
Before buying any property you are expected to make good research and the first thing you will consider is the property, is the property worth the money. In my own Idea this the first thing to consider before buying any property not even apartment.
 
There are many things to consider while involving in real estate. There is need to check the location of the property. We need to check whether the location is close to the city or rural. After that, we need to consider whether the land is not close to the road or anywhere government can demolish. Because if we don't check town planning records, we may have issue with government in the nearest future.
 
You have really said it all, a lot of thoughts should go into the area you want to purchase real estate, there are areas with drainage problems and thus making it hard for the dwellers to have a clean roads especially during rainy season however, if you're buying a completed house you need to do a due diligence about the building materials to make sure they're of high quality, if it is a land you can employ the service of a surveyor to check the demographics and make sure you're buying the right land.

I think there are agencies that take care of all of these.
 
Nice one ,we really have to be very vigilant especially over here because some people who are selling properties are always very greedy and some are always dubious, so it is important for us to do our own personal research on every property we are investing on, even over here most people who are buying Land that is closer to us will always come to ask around what we know about the land they are buying as this will help them to gather more information to understand everything about the condition of the assets they are buying, security is also very important and that is what we need to put into consideration in whatever investment we are doing.
 
It is very necessary to put all you've said into practice. I wonder how one will simply go into real estate investment and never wanted to make proper research about the property he or she wants to acquire. Research is a good one, it puts the person in a pole position to avoid being scammed, or simply making a wrong choice.
 

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