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Before
you buy, research the market to make sure you are
getting value for money. Talk to independent valuers
and real estate agents, and check recent sales in
the area. Don’t rely on advice from the developer
or their agent. This is particularly important if
you are buying off the plans. You want to know that
the value of the finished apartment will reflect
at least what you paid. |
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Check
that the property you are interested in is close
to the facilities you require., for example shops,
public transport, parks, hospitals, schools, work,
gym, etc. – A valuable tip if you want to
earn some time. |
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When
you choose to live in an apartment consider whether
the building is close to clubs, cafes or other live
music venues. What is the amount of passing traffic
– will it be noisy at peak hour ? Will the
noise affect your lifestyle? It is a good idea to
arrange an inspection of the building during the
evening or during peak hour traffic before you agree
to the purchase. – Now I have an apartment
near a non stop bar, and from time to time people
get drunk at night and make a lot of noise. |
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How
old is the building? You should consider the age
of the building.Are any facilities likely to require
repairs or replacement? It is strongly recommended
that you obtain an architect or engineers report
on the building before deciding to buy.
•What
are the security measures for example, can anyone
walk into the building? Are there any security cameras? |
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Does
it have a balcony so you can enjoy the view or afternoon
sunshine? Or are you blocked by other buildings
or facing the wrong way for the sun? |
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What
are the maintenance charges? Many people don’t
think at this aspect when they buy a new apartment.
They will generally cover the municipal tax, property
tax, assessment tax, water charges, common electricity
charges, elevator charges and charges for hired
help, like the garbage cleaner and security. Find
out how much is the maintenance charge, what is
includent and now included in the charge. For example,
car parking charges may be separate. |
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We
Hope You just get an idea to purchase the better
home. |
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