Prior to buying anything of value, like a house or art, or indeed any investment, you must do some research to ensure that you will get value for money, and if you maximise a good ROI (return on investment ).
LOCATION:
{The most significant thing to ponder when buying any real estate is location. It doesn’t matter if you are buying a block of land, a home or an apartment, the locality is, and every time will be the most important thing to think about.
Having good access to transport, buses, trains and freeways is critical part of a excellent location. That doesn’t mean living right on a freeway, but having good access, inside a couple of minutes to major arterial roads or trains is a considerable bonus. Being close to first-class schools, primary, secondary and also colleges carries a lot of weight when bearing in mind location. Good local shopping as well as decent access to a major shopping area is also an additional important factory when considering location.
Your apartment is all about having a good lifestyle and having convenience, so you want to make it as easy as you can for yourself and good access to transport, schools and shopping close on your door step, without being intrusive, will give you a comfortable lifestyle and ensure a substantial return on investment, when you want to sell. Remember the old adage, "It is always better to have the worst house in the best street that the best house in the worst street}
SHARED WALLS:
Flats, through their very nature, are a medium density residence, ie you are going to be close by to other people. While the very nature of an apartment is sharing a mutual space and your apartment house will have common walls, floors and ceilings with other residences, you will obviously want some privacy, consequently an apartment with fewer shared walls will give you a better sense of privacy, so search for for an apartment with fewer shared walls. The top floor is often thought of as the prized location of an apartment block, but remember that access to your apartment is just as vital, so the top floor is great as long there are lifts.
VIEWS:
Having a nice view from your apartment, even if it is only overlooking the immediate suburbs, is a great bonus when looking to buy an apartment. A good view does not have to mean perched on a cliff looking out to sea, or on the top of a mountain, but it should be a pleasant view and not overlooking the local abbatoir At the very least, the view should be pleasing and not one that may be built out in the near future. A view, combined with an aspect that offers natural light is likey to be a winner.
BUILDING QUALITY:
Also important in choosing an apartment is the condition and facilities that are on offer. Are there lifts, is the parking undercover? What are the main materials used in the construction of the apartment Building. Is the apartment double brick? Ensure that the apartment building is well kept as well and the garden is neat and tidy. It all counts.
Dont forget to do a proper inspection of the building, but before you do, some preliminary checks will help you determine if this is the right one for you.
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