WHAT TO LOOK OUT FOR WHEN PURCHASING A PROPERTY?

It is a dream of each of us to have our own property, but so that this dream does not turn into a nightmare,we bring you some tips on how this large, often life-long investment will be profitable.

Even when it seems to you that all the documents are neat, caution can never be enough. Purchasing a propertyis neither easy nor straightforward to do; that is why it is best to consult verified agencies forreal estate that know more about the business than the citizens themselves.

The first step is to check the deed, which you can find in the land registry or on the Internet. Afterwards, oneshould also check the history of the property, that is, whether the desired property changed owners, orother ways of acquiring real estate are in question, such as a decision on inheritance, etc.

The contract is a very important item in the process of purchasing a property. First, a pre-contract is usually signedas an important step before signing the contract itself, which contains important items, from the description of the property,to the dynamics and type of payment.

It is also very important to check who is the investor and constructor of the new building, it is also important to check the yearof construction, check whether the facility has a building and use permit, whether the flooring has been carried out, whetherfacility is a part of the cadastral plan.

When purchasing an apartment, you should inquire about common parts, such as sheds, attic andbasement rooms, who is the manager of the building, and if land or a house is purchased, one shouldinquire where exactly the borders are and whether there may be any litigation with neighbours.Also, attention should be paid to utilities, the existing state of the gas pipeline, electricity and water meter should be recorded.Attention should also be paid to parking and access roads. In emerging neighbourhoods, parkingplaces are usually provided by the investor, but in older neighbourhoods, care should be taken of parkingzones.

The condition of the property itself can be seen at the first contact, which some advertisersalso point out in the advertisement itself, but some properties that seem to be good looking may hide a number ofshortcomings, so it would not hurt to take a construction expert with you on a tour.

Because once you buy a property, there is no refund, at least not for the former owner.