So, if you are planning on buying an apartment in a high-rise building, here are 10 important factors you must consider.
- Security and privacy concerns. ...
- Security and privacy concerns. ...
- Fire safety. ...
- Fire safety. ...
- Number of lifts and staircases. ...
- Number of lifts and staircases. ...
- Floor deviations. ...
- Floor deviations.
- How do I decide what apartment to buy?
- What to ask when looking at apartments to buy?
- How do I buy my first apartment?
- How much money should you have before buying an apartment?
How do I decide what apartment to buy?
How to Pick an Apartment
- Pick an Area. ...
- Delineate What You Want. ...
- Determine What You Can Afford. ...
- Do a Quick Scan of the Rental Market. ...
- Perform a Reality Check. ...
- Look at the Reviews. ...
- Visit the Finalists. ...
- Compare Apartments and Ask the Right Questions.
What to ask when looking at apartments to buy?
Top 10 most important questions you must ask when buying a flat
- Find Out How Long The Lease Is. ...
- How Much Is The Ground Rent? ...
- Will The Maintenance Be Costly? ...
- Does The Flat Have A Lift? ...
- Does The Building Have A Flat Roof? ...
- What Managing Agent Owns The Flat Block? ...
- Who Is The Freeholder? ...
- Buying A Flat With Pets.
How do I buy my first apartment?
9 Steps to Finding an Affordable Place to Live
- Determine What You Can Pay.
- Find Where You Want to Live.
- Decide Whether You Want a Roommate.
- Gather Solid References.
- Look at 5 Properties.
- Clarify the Cost of Utilities.
- Take Your Time to Make a Decision.
- Submit the Application.
How much money should you have before buying an apartment?
There's a popular rule of thumb that states your monthly rent shouldn't be more than one-third of your monthly income, and many apartment complexes—and landlords—follow this rule. 6 For example, if you earn $3,000 a month, you can qualify for an apartment that costs $1,000 a month.