1. Pure Ownership - Be sure to check the land registry excerpt. When building a new building, pay attention to the building permit, ask for it for inspection. Also, looking for insight and use permit, it is a condition of the loan. Make sure that the title deed is not older than 5 days to make the information in it as credible as possible.
2. Age of the property - Assess the condition of the building in which you are buying an apartment. What is the condition of the staircase, elevators, what is the facade of that installation.
Decide on an old building or a new building based on an assessment of the cost-effectiveness of buying a cheap and quality old apartment + renovation, compared to a new building.
3. Condition of installations - It is important to check the condition of the installations, which are electricity, water, heating and gas. Also check the condition of thermal and sound insulation and what is the carpentry (doors, windows) and what are the external walls. Namely, thin exterior walls and poor carpentry almost always mean a higher cost for heating or cooling.
4. Geographical location of the building - Which side of the world do the rooms face? The usual recommendation for the living room and kitchen and dining room is the south or east side, due to the large amount of light and heat throughout the year. For bedrooms, the east side is recommended to wake you up in the sun. Do not neglect the view from the window or whether you will look at the greenery, the road or a neighbor's window in the coming years.
5. Usability of living space - Pay attention to the actual usability of the living window, and especially to increase the square footage, namely somewhere in the square footage and space under the walls. So ask for information on the net living space and the original floor plan with load-bearing walls. The advantage of new construction is that, as a rule, you can agree with the investor on the layout of the premises and non-load-bearing walls.
6. Location - Evaluate the micro and macro location. The microlocation refers to the neighbors who will surround you, whether your apartment is upstairs or on the ground floor, what is the environment of the building and whether parking is provided for your vehicle. Macrolocation means estimating the distance from the bus station, from the center, the proximity of the school, kindergarten, doctor, market and other things that are important to you personally. Also, check out the plans for your chosen neighborhood so as not to be unpleasantly surprised by the appearance of new buildings near you.
7. Financing and Marketability - Consider how you will finance your purchase. Will you take a loan or housing savings?
Is the property you intend to buy marketable? Consider whether you will be able to sell it in case of need, relocation or financial problems.
In Western Europe, due to frequent job changes and relocations, real estate rental is on trend.
