Do you intend to buy a flat and don’t know where to start?
In Real State we bring you a post to know what key aspects you should take into account before buying your house. Want to know more? Well, keep reading!
Find the type of home you need
It is essential that you are well informed about the type of housing that best suits your needs. There are many options when it comes to home purchase, so it is important to know what your housing needs are and examineyour goals when buying your own home. For example, you may want to increase the family unit, or are considering having a pet…, these are some of the key factors you will have to consider before you start your search and find the type of housing you need.
The perfect location
This may sound obvious, but on many occasions we don’t know which neighborhood is more convenient for us when looking for a dwelling. Price is a very important factor, but location may be even more important.
If you depend on transportation
Although most districts are well connected, you should take into account the proximity and time you spend on each of your trips.
If you have your own car and transport is not your main concern
It is important to take into account the average price of parking and/or garage spaces, as they can vary greatly in Price depending on your neighbourhood.
You will have to find out if the neighbourhood has possibilities for leisure activities, such as nearby restaurants and schools for your children. Also the opposite; if there is an excess of tourism or nightclubs that may ruin your sleep… because in the long run these could be more than justified reasons to want move out.
Which mortgage to choose?
This is one of the most difficult choices. Variable or fixed type?
Currently, variable rate mortgages are a very attractive option because the Euribor is still quite low. This would put us in a very good position at the moment.
Fixed-rate mortgages are also a good alternative, since without being so interesting at the moment, it is still an attractive offer, as it offers much lower rates than it used to. This type of mortgage is especially recommended for those who want to avoid any kind of setback in their mortgage payments.
Let us advise you
Many people prefer to look for housing on their own and embark on the purchase of their home without any prior consuelling. What may initially be seen as an economic saving may turn into future headaches and bad decisions.
Our recommendation is that you seek out professionals in this field to advise you on such an important decision. At Real State we can advise you without commitment.
Are you interested in home purchase? Would you like some advice on which type of mortgage is best for you?