As soon as he has years behind him, so has history. We witness that in our market it happened that one apartment was sold more than once. In this step, open your four eyes, looking for paper even if you think you will never need it. And in apartments in the new building should be cautious in existing documents.
If you are taking out a loan, you will only have to look at the listed apartments. Legal advice is to buy only apartments that are already booked or are in the process of being legalized, although unbooked apartments are generally cheaper. Also consider whether you will have the time and the will to go through the extensive real estate listing process if that process is not already complete.
Other features of the apartment
Although the items listed above are the most significant, there are other criteria that need to be addressed. Location of the apartment, proximity to public transportation, kindergartens, schools – these are all things that should influence the purchase decision.
Older apartments are more often located in urban areas, but can sometimes have a problem with a parking space. Newly built apartments are mostly off-center or within the project already have their own parking or garage.
Then how to break?
We admit, the dilemma is old and more than we are, and the final decision will be made by you, depending on your needs and possibilities. Here are some other facts to help you:
When buying a home in an old building, the buyer, if he does not own the property in his own name, can get a relief to pay taxes on the transfer of absolute rights. This is significantly less than when you get a VAT refund when you buy your first apartment in your name in a new building .
When we mentioned the renovation above, we did not emphasize that if the property is ripe for renovation, it must be cheap enough that the buyer, after investing in it, can say that he has gone better than buying a new apartment .
If you still decide on the option of renovation, you should know that the most expensive actions are the replacement of carpentry and parquet, as well as the renovation of the bathroom. When you take away the material, count the “hands” of the master. It can help a lot here if you know yourself to master or have someone to help you understand.
Personal preferences often influence the final decision. Some people are drawn to the charm of old construction, while others yearn for a modern home. It is important to remember that you are buying an apartment for yourself and that it is necessary to listen to the advice of experts for some questions. but for everything else, obey your instincts and desires.