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16 November 2015

How to make sure you invest in an excellent property

How to make sure you invest in an excellent property

Every Investor or Property Buyer should check on the following list to make sure to invest in an excellent property:

1.) What has been build or will be built nearby: The currently existing properties nearby, or the properties which will be built in the near future will have massive influence are important indicators on the fact how properties will appreciate in the future.

2.) Keep an eye on the maintenance standards: Other developments of the same developer, which have been built a couple of years ago will give you an idea on how the maintenance standard is kept, once the development is sold out and handed over to the buyers.

3.) Check out the experience of others: It makes sense to look around the area and to pop in to the sales office unannounced and it is always interesting to hear what kind of experience the people who live in the area have made.

4.) Check the track record: Many developers might be able to show you their other buildings which they constructed in last years. Such a track record gives you the information, how the present development will go along.

5.) Payment Schedule: Make sure the payments on a off-plan property are set up in stages and a considerable percentage should be kept as final payment until the project is finished and the keys are handed over.

We at Global Property always offer you our advice, based on many years of experience and knowledge about the local market. Give us a try.