Choosing property for purchase or renting can be a real challenge. How to know which one is the best? DECORDIER immobilier gives you some tips on some points to consider before taking the final step.
The budget
This is probably the first thing that came to your mind when you decided to buy or rent a residence. However, did you take into account all the related expenses? Buying an old construction can entail more expenditures than just the property cost; (minor or major) renovations or customisation works for instance.
As far as renting is concerned, it is wise to consider the annual sum that monthly payment of rent will amount to. Water, electricity and internet are sometimes included in the rent, but this is becoming rarer. Therefore, it is wise to consider these bills in your budget.
Security
Finding out how secure or not the place you will be living in is crucial, so as to be able to take applicable precautionary measures. Discussing with residents of the locality if you happen to meet some is a good idea. This way you can learn more about the area’s reputation in terms of safety.
Types of houses and amenities
Apartments in a residential complex, the floor of a house, a private villa or house. If privacy is key for you, you might want to opt for either of the last two options. Consider the first two ones if you appreciate company.
One major advantage of living in a residence under the real estate projects of Mauritius, such as the Property Development Scheme (PDS), the Smart City project or the Ground +2 Apartments, is the security service.
Which is better: renting or buying a furnished or unfurnished residence? The rental or purchase of a furnished real estate asset offers the obvious advantage of not having to buy furniture. Nonetheless, this aspect may increase the price. It is important to thoroughly check the state of the furniture. It may also not suit the taste of the buying or tenant. (Things are different for buyers of properties under the real estate projects of Mauritius).
The purchase price or rent price for an unfurnished residence is sometimes lesser than a furnished one. Tenants or buyers get to choose the furniture. However, it is really profitable when considering the total cost of purchase/payment of installments for the furniture?
Having a garden or a green space may be an important need, especially for children or pets. A swimming pool or air conditioning, especially in hotter regions, represent a great advantage. Do also ask whether a parking spot is allocated for you in case you have a vehicle.
In addition to this, do ask whether the shower, if the installation has already been made, uses electricity, solar energy or gas. You cannot imagine the difference this is going to make on your bills!
Proximity/distance
How far is the property located from your workplace, a supermarket, a drugstore, your child’s school? This question is not only beneficial in terms of time-consumption but also economically. Distance represents fuel cost and traffic jams are a real problem.
DECORDIER immobilier is not just another real estate agency amongst others. We support and take you through every step of the purchase or rental. No matter your wants, no matter your needs, we will help you find the property of your dreams.