Buying a house in Phuket is a big decision. Property prices in Phuket have risen considerably in the past few years as the city has become more developed and advanced. Today, there are several multi-million dollar properties throughout the city that you can invest in.
But, if you are interested in buying a house that offers comfortable living and an investment value that’s going to grow with time, there are many important factors that you need to take into account. For many people, buying property is the biggest investment that they will ever make. Needless to say, it’s necessary that you make an informed decision after careful evaluation. Here are five major factors to take into account before you start looking for a residence with private pool in Phuket for sale.
One of the main things that you need to evaluate is the location of the property. A residence with a private pool will be spread over a considerably larger area, and as a result of that, most such projects are usually initiated in the suburbs. But, these are well-guarded communities and you won’t have anything to worry about. It’s important that you evaluate the location of the residence before making a decision. Take your time to check the map and figure out where the property is located, and how close it will be to different areas in the city. Phuket is a big city, and it is developing at a very fast pace, so you will want to make sure that you buy a house in a convenient location.
The bigger the property, the more it’s going to cost you to maintain. It’s important that you factor in the costs of maintenance before you decide to invest in the property. You need to talk to a real estate agent to find out more about how much the property will cost to maintain. That big pool will require a considerable amount every month to maintain it properly!
Are the terms of financing on offer affordable for you? It’s important that you evaluate the costs of financing carefully and then make an informed decision. Because it’s such a sizeable amount, even a small change could make a big difference. Therefore, it’s recommended that you evaluate the terms of the deal from your realtor before making a decision.
Visiting the Property
Never make a decision until you have visited the property at least a few times. Make sure you visit the property at different times during the day to get a better idea.
A major concern that you need to factor in is accessibility. Make sure that there’s a metro station nearby or easy access to public transport. Moreover, supermarkets and convenience stores should also be situated nearby so that you can get what you need easily.
These are just five major factors that you need to take into account when it comes to buying a property with a private pool.