Plan and think ahead – avoid unnecessary stress
Are you interested in Budva apartments for sale? We are going to go through a list of important elements that precede the sale itself and are often ignored by buyers. For such an important investment, you want to spend your funds smartly without any unpleasant surprises. Lets go through all the key facts, tips and tricks when looking to buy an apartment.
Important questions
Before you start the search, ask yourself the following questions:
- How long do you plan on living in the apartment, is it a temporary or a permanent solution?
- How big is your budget? Are you paying in cash or, if you are using a mortgage, how high is your monthly payment?
- Do you have a pet?
- What type of heating do you prefer?
- Are you interested in older construction or newly developed areas?
- Are you buying the apartment for your business, your personal needs, or with the goal of renting it?
- How many rooms do you need?
Answering these will bring you close to defining your ideal apartment unit.
Desired apartment size
First and foremost, you have to pick the size and structure of your desired apartment. The main factors that determine these are your needs and your life style. Not only is your current way of life important, but you might also want to consider your future and the ever-expanding family needs. Long-term important choices are never easy, so it is always better to take your time to make a decision than to rush onto the real estate market.
Choose a location
Another important step, and the one you should take the most time with. Budva is a fast growing city with stunning surroundings and picking that perfect spot is not easy. So to begin with, scout out the areas you find appealing. Renting an apartment in a candidate neighbourhood is a good idea as it lets you experience it firsthand. In case you find the right one, the next step begins.
Explore the market offers in the target area
Even before you officially begin the search, you should begin researching prices and offers. This way, you can familiarise yourself with the general price range so that you understand what a reasonable price for a property is. Furthermore, it is recommended you talk to the registered real estate agency and check if the current prices are accurate. All in all, by keeping up with the prices, you can remove the unnecessary stress of not knowing if you are paying too much for an apartment.
Finding the right real estate agency/solicitor
Not every agency charges the same percentage or has the same rental units on offer. So, talk to multiple agencies and find the right one for you. In fact, simultaneously work with as many as you can to increase search effectiveness. Your solicitor is an intermediary between you and your seller, and will examine the contracts, raise enquiries and do the legal searches – the boring stuff, right? Ideally, a local professional that is legally experienced will do nicely. Paperwork can be a long process, but patience pays off as you do not want to rush into a bad deal.
If you get a chance, cut out the middleman. In fact, by far the best deals come from direct communication with the apartment sellers. Secret Residence website offers exactly that.
Necessary facilities in the vicinity of the property
Your quality of life depends a lot on having useful facilities near your apartment. Of course, this includes shops, markets, public transportation, or even parks, hospitals, schools or gyms. Furthermore, distance from work is very often the most important detail. In case you like to enjoy daily strolls, unwind in a cafe, restaurant or go to a night club – make sure these are present as well. Furthermore, we advise you check the area and see if it is vibrant, or maybe overly noisy. When it comes to Budva, its centre, Bečiči and Rafailovići are the most attractive areas. They offer the most complete, luxurious and comfortable environment with an abundance of facilities; cafes, restaurants, clubs, casinos, hotels and beaches.
Quality of the building
The quality of the building determines the price, but also the time and resources needed to renovate or upgrade an apartment. Always check the construction year and if any repairs or interventions are needed. Moreover, try to contact a tenant or a building representative for their comments or council. Lets go through a few key questions:
- How old is the building?
- Can anyone access the building or is the entrance code-protected?
- Are there any security cameras?
- Is the elevator functional and is it regularly maintained?
- How much does building maintenance cost?
And finally, the question that very often takes precedent over any other – Does the apartment come with a parking space? Check with the seller if the property includes a parking spot or if you need to separately purchase it. With parking being in high demand, apartments that feature a spot are extremely sought after and are usually significantly more expensive.
Purchasing a property is a life-changing decision. It is an equally exciting and stressful process that requires a delicate touch in order to find the best option and get the most out of your money. Arm yourself with knowledge, make a good plan, and then it is only a matter of time until you find the dream apartment. Secret Residence Budva apartments for sale are a good starting point for your search.