If you have finally decided to buy an apartment or house as part of a personal investment project, it is an important decision that requires planning. Whether you are thinking of starting a new stage in your life or looking for a business opportunity to generate profitability, you require good advice.

The real estate market has its peculiarities, so it is vital to handle some basic notions to find what you are looking for. In order to better guide you if you do not have experience in this type of transaction, here is a review of fundamental keys that can help you make the right choice through quadwalls.

Keys for First Time Real Estate Buyers

Buy blank, green or immediate delivery

Depending on the risk you want to assume and your availability of funds, you have these 3 options when purchasing a new home. In the first option the project is established but construction has not started. The next stage represents the work in progress with a higher price (4 to 6%). In the last phase everything is ready to sign. Each one presents its possibilities, risks and costs, so you need to establish your priorities. Blank delivery takes about 2 years because there is a performance guarantee and creates more capital gains.

Location, comparison and used properties

An important part of the process of selecting a home has to do with its location, which indicates its capital gains in the short and long term. The ideal is to choose an area with good transport, green areas, connections, shopping centers, schools and close to work. This guarantees you the comfort that is required and the revaluation of the house or apartment.

Take into account the regulations, documents and legal procedures

During the process to buy an apartment or house, a considerable amount of paperwork must be handled to achieve the final goal. In principle, it includes aspects such as the reservation, the promise of sale, insurance policy, credit or mortgage subsidy, writing and specifications. In the case of new homes, the goal is to obtain the officialization of these documents through the final municipal receipt granted by the Directorate of Municipal Works.

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