It is extremely essential to consider the physical and legal aspects of a real estate property not only to eliminate future risks but to also know your dream home better, after all buying a house is the first big decision one makes. Therefore, there are certain aspects that need to be covered if one wants to buy an apartment or buy property in Goa.
Location of the Property in Goa:
Location is the key feature and the first step in determining the best property for you, a quick tip to go about this is to look for a place that caters to your services such as health and security, educational institutes, recreational and market spaces, and transport. Once that is done, eliminate places that may have possible threats like properties under high voltage areas or localities that are ridden with noise pollution.
You may also like to read: Top Reasons why Mapusa is the Hottest Property in Goa
Verified Deeds Used in Real Estate:
Properties that have required documents at hand, including the house maintenance and facilities stated clearly are an asset nobody mentions. Make sure you inquire about the same from the seller before you come to an agreement even if it is a 2bhk in Mapusa for sale, you do not want to pay any more than you should.
Mode of Payment:
Note that banks and housing support institutes lend on average only up to 80% of the total value of the property which leaves out the remaining 20%. Define for yourself how much of your savings you are willing to use. Also, consider the down payment and up to 5-7% to cover all initial costs such as appraisals, insurance, notary, etc.
Previous Debts:
Generally, the seller of the property must update the payments for services, all the property’s electricity, water, and gas charges must be made aware to the buyer. It is mandatory on your part to ask for outstanding debts if they are not provided to you. Choose a place that would make life easier for you in terms of travel to work, and make sure there is a market nearby where you can buy your daily necessities.
Maintenance:
It is important to check on the foundation, walls, pipelines, drainage system, and the wirings before you move into your new home, just to be certain. This information is needed for maintenance or if you wish to redecorate your home. In such a case, there are plenty of property development companies in Goa that could help in making your house into a home while making it even more comfortable to settle into your new home.
When you opt for an apartment make sure to inquire about the monthly or yearly maintenance of the same. You must also do a check on the facilities provided by the apartment, and ensure the quality of the security systems, fire alarm, and the quality of doors and windows, some properties require you to make extra payments for particular amenities such as the swimming pool and clubhouse facilities. Having all this information will only keep you prepared for the future and make you feel secure in your new home.
