An important role is played by the location of the condominium Kota Kinabalu. For example, in cities such as Munich and Berlin, where there is a large population, the price of housing is usually much higher. Also, when evaluating a property, the following criteria are taken into account: transport exchange, proximity to infrastructure, industrial or park area, as well as the development perspectives of this area. In the future, if it is planned to build breweries, warehouses, and wholesale warehouses in this area, the risk of noise increases, which will aggravate living conditions and will decrease the price of the building.
Do not give in to the psychological manipulation of real estate agents
Real estate agents have sales and manipulation tactics developed and tested for years. One of these is that the real estate seller, wanting to sell the property as soon as possible, uses a psychological maneuver to receive his long-awaited commission, informing you that there are still a few people who want to buy this house. In most cases the desired result is also obtained.
Real estate acquisitions without debts and health risks
The incredibly low price of real estate is often misleading. Usually, such real estate and land were previously the legal property of several people. As a result, such a building will cost the buyer much more, because earlier it was an industrial object, of course if you do not buy it with the same intentions, to carry out the same activity as the former owners. Lands and buildings where something toxic has previously occurred or were gas stations are quite dubious; they must be carefully analyzed before purchasing. It would be advisable to do a test to detect dangerous substances.
Money for repairs and renovations
Usually, the property owner performs repairs and modernizations of the home. In turn, the tenant undertakes, more or less, to perform a series of repair works in the living space. But the owner should take into account that the house also needs related repairs, such as road renovations, sewerage and other exterior repairs. For related costs, it is recommended that homeowners raise 1% of the cost of the property as a repository for repairs. For example, if the cost of an apartment is € 180,000, then € 1,800 will be spent on repairs.
Sale of unprofitable living spaces – the houses of the natives
Houses of natives – are one of the specific forms of residential buildings. Such homes are generally built by foreign construction companies, which sell real estate without prospects. Usually, these are homes for foreigners, offered at low prices, and which in the future have no chance on the real estate market. But if you’re the type of person who likes staying in the city better, check the condo near KLCC.
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