I generally write about health. However, I think it’s time to deviate a little bit but something that I am sure will also interest you because this is still pretty much a basic necessity of life. Health is one important aspect of life that we often take for granted. That is why I normally write about it. However, shelter too is an important human need. Without shelter, staying healthy will be quite challenging simply because there will be none to protect us from the harsh elements.
In terms of shelter, there are plenty of choices. From single detached types to townhouse units to apartments and to condominiums. You can choose a single-story flat house or even a 2- or 3-story mansion. Or for the hip and chic, you can always try to check out one of those units from a high-rise apartment building or condominium. Now, in buying apartment or any other type of housing or shelter, it is important to consider several things. That is why I have prepared this simple guide to help you buy your new dream apartment. And speaking of apartments you might want to check out what’s new on Chilli Realty (click here to find out more about Chilli Realty’s new offer) as they do have some of the coolest apartment offerings in this part of the world.
- One of the very first things you need to understand is that apartments are not like your single detached homes. They do not have backyards nor fences with which to protect your property from intrusion. Apartments are more like large-sized hotel rooms that can house individuals to whole families. As such, your neighbor is literally just on the other side of your wall. For some individuals, this is not at all a problem. However, if you require absolute privacy, it may not be suited for you. Additionally, because of this particular setup, you will be living in a small community – perhaps a building or an apartment complex – where everyone becomes a part owner of the shared spaces. As such, you will also have to share responsibility for the maintenance of these shared spaces. Additionally, you do have certain rights that you need to understand inherent in your being an apartment owner.
- Now once this is all clear and you have no problems with it, then you can start looking for the best possible apartment for you. Chilli realty has a wide collection of available apartments you can start with. Otherwise, you may need to identify what part of the city you would like to live in. Most apartment complexes will be located in the city center while others will be anywhere in the fringes. The point is for you to make sure that you have a clear idea of where you would want to live.
- Next is for you to conduct a thorough research on the prevailing market conditions for the area that you have chosen. If it is well beyond your budget, you may want to look elsewhere, although you can always check with accredited realtors if the apartment unit is available on a mortgage. If you want to buy an off-the-plan apartment you have to make sure that its overall value upon completion is an accurate representation of what you will be paying for. It is quite difficult to ascertain for sure if your guess will hold water or not. As such, it is important to understand the market and make near-accurate predictions as to where it will go in the next 5 years or so.
- Before writing a check for your apartment, make sure that you have visited every single one of them. This also means that you will have to inspect every nook and cranny of the apartment you are about to buy. Additionally, you will have to spend some time checking all the paper work to see if everything is in order. If there is something amiss, I always tell my readers to walk away as this is often a sign that there really is a problem. Here’s the thing, if an offer seems and sounds too good to be true, then trust your instinct because it probably is. If your heart is telling you to buy the apartment yet your gut is telling you otherwise, never follow your heart (at least in this case) because emotional buying is never a good idea especially when you are talking about a few hundreds of dollars involved.
Buying a new apartment is like buying anything new, albeit this one is a big ticket item. Considering that it is a very significant investment, you may want to tread carefully so that you will eventually end up with your dream apartment at a cost that is friendly enough for you.