When purchasing Property. Watch Out For These 6 Important Things In The Neighbourhood
Before purchasing property or renting, It is super important to check the vicinity or environment of a place before transacting.
So this happened to a friend. He was about to rent a property, met an agent. He had to go there everyday to inspect the property. When he was convinced he paid, signed the necessary documents and Occupied the apartment.
He was enjoying this property until the rains came. There and then he discovered the roof in the bathroom was leaking. all this was not like this while the place was sunny.
As a property management company, we have helped a lot of people get the best of places at affordable prices and these are the things you should look out for before getting a purchasing an apartment.
The right location:
This is always the first place to check. Always check a place that works well with your life. Your work, your extra curriculum activities, etc. Also, consider how valuable the apartment will be both now and later in the future. It’s a big loss to buy a place only to sell it for lower than you bought it. For the value this is what you should consider:
– always buy a property with resale value
– for business people, avoid buying a place far from your customers
– never buy land you cant build on
Property environs and good landmarks:
Knowing areas that are neighbors to your apartment is key. It gives you rest of mind and comfort.
Major landmarks are like government institutions and top private outfits like T.F.C., filling stations, etc.
It must be easy to locate and get to for your family, friends and loved one. As a business, this is your principal concern.
Make sure it has good roads and other basic amenities. Even though it doesn’t have, can you create some for yourself with ease? It’s a good thing to check.
Lives and properties are lost if security is not out in place.
Check if the government has provided enough security personnel in that area. Also, check if the community is security conscious.
Ask people around how well that community is. Get feedback before you decide.
Check, check and check. Make sure the apartment or property has the necessary documents needed.
To read more about the documents you need to request for, visit this link
The price of the property
This is largely determined by the location of the land. Don’t forget this.