7 Buying advices

Savings- Expenses – Financing

Whether we like it or not, we cannot afford to buy without having some money saved up. Normally, any financial institution willing to grant a mortgage requires a percentage down payment, which usually amounts to 20% of the sale value of the property in question.

In addition, there are costs involved in the sale, and these must also be borne by the buyer. These costs usually amount to 10 % of the purchase value of a property.

In total, and with some exceptions, we will have to count on this 30% to be able to afford the purchase.

Location and features

Where do you want to live?

First of all, we must know where we prefer to live in the chosen location. We must be clear about whether we want the beach, the mountains, the city centre or the outskirts of the city, and on the other hand, we must know the type of property where you would like to live, whether it is a flat, a semi-detached house, a detached house or a palatial estate, as well as the essential characteristics of our future home.

The possibilities available to us will be very different depending on what you decide, and it will save you time and the most important thing… peace of mind!!

Price

If you have read the above tips, you will have been able to narrow down the maximum price you can spend on the purchase of your new home. This is extremely important, as it will help you avoid fruitless searches and save you frustration.

If you need a mortgage to cover the purchase, the best option is to go to different banks to see what options they offer and how much the purchase could cost.

Don’t start your search without having a clear idea, because we always fall in love with properties that are out of our budget!!!!

Search

The time has come to search. You may feel overwhelmed by the multitude of options available. That is why we recommend that you turn to your Ara property agent, who can help you specify your search, rule out uninteresting options and offer you different properties in your area of interest.

Our door is always open to help you!!!

Visits

If we have come this far, it will be because we have seen and discarded hundreds of properties, and that is why we should not be left with any doubts after making a visit.

Make a list of the most important elements for you, such as brightness, spaciousness, state of conservation, possibilities for improvement… everything that will allow you to make a comparison with the rest of the properties you visit.

Don’t leave anything behind, ask also about the technical and legal aspects!!!

Private Contract

If we have come this far, it will be because we have seen and discarded hundreds of properties, and that is why we should not be left with any doubts after making a visit.

Make a list of the most important elements for you, such as brightness, spaciousness, state of conservation, possibilities for improvement… everything that will allow you to make a comparison with the rest of the properties you visit.

Don’t leave anything behind, ask also about the technical and legal aspects!!!

Notary

All the hard work has been done, the only thing left is the signing of the deed of sale and, if applicable, the mortgage deed, at the notary’s office.

To do this, we will request all the necessary documentation for the successful completion of the act, such as the certificate of the community of owners, the energy certificate …. and, finally, we will accompany you at the signing, until you leave the notary’s office with a smile on your face and a new life.