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| Advices for property market |
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Choose the area you want to buy the property in. Determine the amount of the price you pay and do some market research in this area to see the average prevailing price. It is important to know that the price of a property is often shown higher than it is actually worth. It has been proven in practice that the real opportunities are few and if you expect to find a great opportunity you may not be able to find what you want therefore it is advisable to seek a property that will meet your housing or your professional needs and responds to the commercial value without being overestimated. It is therefore useful to consult a professional real estate agent in order to take advantage of the result of the market research he does every day. Tip - 3: Learn about possible planned projects in the region by paying a visit to your town. If the projects are designed to regenerate the area and are to be made relatively quickly, then your property will gain added value so this will be your benefit. However, if these projects are aimed at corrective measures traffic, for example, creating roads or bridges, near your property then the future degradation of the region will affect the value of the property. This should be taken into account. Tip - 4: Ask for a detailed check control of property titles, is the most important stage in the process of purchasing property and substantially help you avoid serious future problems that may arise. Our legal department is available for advice. Tip - 5: Consult a Civil Engineer for technical control of the property to identify any defects, problems and to solve any queries. Our technical department is at you disposal free of charge. Tip - 6: If you buy an apartment, ask the regulations of building from real estate office. Restrictions may be placed on the use of public spaces or apartments, and compliance is mandatory for the new owners. Tip - 7: In the event of incomplete property market, calculate the cost of completion with the assistance of one of our engineers or technicians. Possibly the total cost of the acquisition of the property will be greater than if the building anew. Take into account any increases in the cost of completion if the property is somewhere far away or remote area. our real estate office will estimate the cost of repairs if needed, or the cost of completion of semi-completed structures. Tip - 8: If you buy property near a historic area or suspect the existence of ancient finds, seek advice from the Archaeological Service and learn to which archaeological zone it is located. If during the constraction finds are found then work will be stoped immediately and may become involved in very lengthy and costly procedures. Tip - 9: Caution is needed in the property market in areas where land is for varied use. In such cases they must know what can be built there. Tip - 10: If the land market locaded «outside the zoning area», inqiries should be tooked into by the Local lawful Building Services. If you want to purchase outside the zoning area and this is known to you, then make sure you learn with comparative figures the money to be spent the equivalent value of the property and if you make the decision to build an arbitrary building you should conseder the costs and risks involved. |
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