How to be sure of making the right investment in housing? EXPANSIÓN has developed a guide with the ten main tips to take into account when buying a property, both to live in it and to make it profitable. The main suggestions have to do with the analysis of prices, the choice of the best mortgage loan, the forecast of recurrent and fiscal expenses or the revaluation opportunities.
How to be sure of making the right investment?
One of the main tips that real estate experts give to home buyers is “doing the accounts well”. Although it seems a truism, it is the vault key of the entire operation. To start, you have to buy a flat whose mortgage does not consume more than 40% of the net salary. To help in making decisions, EXPANSIÓN has prepared a guide with the ten main tips to take into account when buying a residential property. The main ones have to do with the analysis of prices, with the choice of the best mortgage loan, the forecast of recurrent and fiscal expenses or the revaluation opportunities.
It is very important to make carpet stretching norcross ga a good price analysis and revaluation of the floor you want to acquire. Not surprisingly, the expectation of value gain is not only one of the main motivations of retail investors, but also of first-home buyers, to whom the increase in price gives them the security of assets.
Our recommendation is that, if the house is intended for investment, we analyze the prospects for growth in the most modern and dynamic areas of the city,”. “The bargains are over: if you know what you want and where you want it, go for it, the sector is moving and it is increasingly difficult to find a house in Barcelona or Madrid,”
Another of the fundamental variables that come into play when buying a home is the mortgage. The big question, today, is fixed or variable type? It depends on the evolution of the reference rates of the European Central Bank, of course, but experts agree that although fixed-rate loans are gaining ground,
Do a study on the price and the potential revaluation of housing
The price is the main variable to take into account when deciding on one home or another, but it is accompanied by another vitally important argument: the potential revaluation. Whether the home is going to be used for investment – that is, for rent, in search of profitability – as if it is acquired for one’s own use, it is advisable to combine an attractive price with expectations of a solid future.