While it is right that Avenue South Residences can be one of the choices of condo development, it doesn’t mean that you will be able to realize your dream. Why so? You must know that many beginners often make mistakes when purchasing the condo. The following are the condo purchase mistakes to never make regarding how much money you need to spend to get the best condo unit.
The location is not popular
A common mistake many people make when investing is not considering the location of the condo. This often happens to beginners who are just starting to invest in property. Because the location is crowded and also strategic can be very useful for you later when you want to sell it again. So that the selling price of the condo will experience a significant increase every year. Generally speaking, you must ensure that Avenue South Residences in the strategic location.
Not Noting the Procedure for Condo Purchases
Even when you choose Avenue South Residences, make sure that you will pay attention to the procedure of buying the condo carefully. Maybe many of you consider it trivial, why?
The problem is when making the purchase of South Avenue Residence, you are given several payment facilities by the developer. So you are required to be a wise person in considering profits and losses. If you use a purchasing facility such as a paid installment or DP in cash.
Not Seeing Reputation from Developer
Buyers of beginner condos are often easily fooled by the lure of low prices. Even though the credibility of the developer is still doubtful and unclear.
Therefore, don’t be easy to trust with developers who are not trusted. The reason is, it is possible that developers are experiencing problems such as being in debt and so forth.
Does Not Take into account Additional Costs
Many novice property investors do not consider the issue of additional costs and others. If you do not take into account the additional costs of the condo you occupy, you will never benefit from the investment in the property. So, take into account the additional costs when buying condos wisely!
Not Estimating Condo Costs
You should have estimated the sale value of the condo within 2 years after purchase. This may be the reason why the condo becomes a profitable investment product in your life.