These Are Considerations For Apartment Investors

Before buying, market research to make sure you get value for money. Talk to the property agent and find out the latest apartment sales in the area. Don’t rely on advice from their developers or agents. This is especially important because you need to make sure the value of the apartment is at least in accordance with the money you pay. Meanwhile, you may want to check out Piermont Grand if you’re looking to buy a condo instead of an apartment.

Make a visit before investing in an apartment
Visit as many places as possible when looking for a suitable apartment so you have an idea that fits your budget.

Amenities

Make sure the apartment you are interested in is close to the facilities you need, such as supermarkets, public transportation, parks, hospitals, schools, offices, fitness centers, and so on. This is very important especially if you want to save time.

Apartment environment

When choosing to live in a particular apartment, consider whether the apartment is close to a cafe or another live music venue. What about traffic density, will it be very noisy during rush hour? Will noise disturb your activities? We recommend visiting apartment buildings at night or during busy traffic hours before you agree to buy them.

Age of apartment buildings

How old is the apartment building? You need to consider the age of the building that you will live in. Are there facilities that need repairs or must be replaced?

The security system in the apartment

What kind of security system in an apartment building will you buy? Can anyone freely enter the apartment building? Is there a surveillance camera?

Condition of unit

Is there a balcony area so you can enjoy the view or the sun in the afternoon? Or are you blocked by another building or the apartment is not facing the direction you want?

Maintenance costs

What about maintenance costs? Many people don’t think about this aspect when buying a new apartment. They generally only calculate the costs of electricity and water. Find out the number of maintenance costs, which are included in the maintenance costs and which are not, for example, parking fees are usually separate from maintenance costs.

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