Are you considering buying a villa? That’s incredible! However, before you jump into this big decision, you should know a few essential things. But before that, you can check out apartments and villas for sale in Cannes and see amazing deals.
Here are the 5 important things to know before purchasing a villa:
Table of Contents
Look Beyond the Price Tag
One mistake some property buyers make is to check the price tag and jump into the deal. But buying a villa usually goes beyond what’s quoted. There are property taxes, maintenance costs, insurance, and maybe even fees for your villa community. It’s like buying a big bag of goodies – you need to know the full cost, not just what’s on the price tag. Make sure your wallet is ready for the journey.
In short, buying a villa is more than what you see on the outside.
The Location
Now, let’s talk about where your villa will call home. You should consider what’s around the villa you have set your eyes on – schools, hospitals, and how you’re going to get to your favorite places. How safe is the neighborhood? Is the neighborhood becoming the next big thing in the area? Are there plans to add social amenities in the area, i.e., are there development prospects?
Choosing a villa location is akin to picking the best seat in the movie theater – you look for a good view.
Double-check the Legal Stuff
You must get serious about paperwork. It’s not the most exciting combing through a ton of legal documents, but it’s a crucial step when it comes to purchasing a villa. Make sure the person selling the villa is the real owner and that everything is legal and in place. Should things seem to go South, you want to have the law on your side by default. Of course, legal matters may not be your cup of tea, and that’s where a real estate agent comes in to help you out.
Inspect the Villa Yourself
Don’t always rely on what the experts say. Before you close the deal, take the time to check the villa using your own eyes. Check if everything is working – the pipes, the lights, and the walls. What may seem normal for a real estate agent might be out of place for you. People have different tastes. Remember, it’s you buying the villa.
Is It Trendy and Resalable?
Lastly, consider the future. For one reason or another, you may want to sell the villa in the future. So when buying, try to think as a seller as well. Check what’s happening in the real estate world around your new home. Check the trends to be sure other people are interested in buying similar villas in that area. In other words, never be fast in buying what you can’t sell.
Wrapping it Up
Buying a villa is like dressing up for a momentous occasion. Each piece is essential for the attire, and once everything is in place, you emerge looking great. So, before you sign any papers, remember these 5 simple tips.