Buying your first apartment is one of the most important decisions of your life. In this article we explain everything you need to know.
1. Define your budget
Before you start looking, it’s essential to know how much you can spend. Consider:
- The mortgage (banks typically finance up to 80%)
- Purchase costs (taxes, notary, registration)
- Renovation costs if necessary
2. Choose the right location
Location is key. Think about:
- Proximity to work
- Neighborhood services (schools, supermarkets, transport)
- The area’s potential for appreciation
3. Make a priority list
Not all apartments will be perfect. Decide what’s essential and what’s optional:
- Number of bedrooms
- Terrace or balcony
- Parking space
- Elevator
4. Visit many apartments
Don’t settle for the first one you see. Visit several options to get a clear idea of the market.
5. Work with professionals
A good real estate advisor will help you avoid costly mistakes and negotiate the best price.
At Finques Aguilar & Vilalta we accompany you throughout the process. Contact us for a free consultation!