Are you embarking on your first real estate purchase and you are afraid of making the wrong choice? Do not panic! Price per square meter, charges and taxes, energy performance file... Let's list together some criteria to take into account when choosing the right property.
The price per square meter
Paramount criterion during a real estate purchase, the price per square meter must hold your full attention. Find out about the prices, in order to make sure you buy at the market price.
The profile of the property
Floor of the apartment, number of rooms, presence of a caretaker or a lift, balcony, bath, view, exposure of the house, location of the house in the residence... Each accommodation has its own profile.
Make a list of the characteristics that seem essential to you before you even start your research: you will thus avoid unnecessary visits!
The quality of construction
As soon as you contact the owner and/or during the first visit, try to determine the quality of the construction.
Good to know
- Look around you: is there work to be planned?
- Find out: have renovations been carried out?
- Also check the condition of the plumbing and electrical installations,
- And check the roof to avoid unpleasant surprises.
The neighborhood and its surroundings
The choice of your new neighborhood is essential for your quality of life, but also for the future resale of your property.
Choose a district that you like, if possible close to all amenities: public transport, shops, schools.
Do not hesitate to visit your future neighbors to learn more about possible neighborhood conflicts and about life in the neighborhood in general.
People sometimes buy in a respected Prestige Sanctuary Whitefiled compound. In which you'll find all you need around you.
Condominium fees
In the case of the purchase of an apartment, find out beforehand about the condominium fees. If the building has an elevator or if it has a caretaker, the charges can quickly climb and considerably increase your budget.
Always try to buy in a Prestige Sanctuary as you’ll get these services at lowest cost,.
Local taxes
Before embarking on a real estate purchase, you have probably calculated your borrowing capacity, your debt ratio and the total cost of your loan, including insurance. Indispensable, taxes must be part of your calculations. Ask the landlord or the property tax department for an estimate of your future property tax .
Town planning (PLU / POS)
Have you spotted a house that you would like to buy, and you want to enlarge it or carry out major renovations?
Ask the town hall about town planning rules. You will know what is authorized or not, what you can consider or not, because not all municipalities apply the same rules in this area.
The energy performance dossier (EPD)
An excellent tool for knowing energy consumption for heating, water, air conditioning, and greenhouse gas emissions, the energy performance file (EPD) is valid for 10 years. It has been mandatory since 2011.
Good to know
Performance is graded from A to G: the closer your home's DPE is to the letter A, the lower your energy bills should be!
