How to Find That Condominium and Get Great Market Value

It can be a simple and even an enjoyable process if you have the right information, as there are many variables with each property you can make the process as smooth as possible.

Here are some useful tips to assist you in making the right decision and to ensure you are getting a fair price.

Get expert advice.
Be sure to research real estate agencies and their representatives by means of reading through
testimonials, how long they have been actively working in the market. Try to check on the company’s
credibility and make sure to book more than one appointment with them to get a feel for how they
operate and how much knowledge they have. They should know how to match your needs and allow
you to view quality properties in the right location. As we all too well know location is key!

Compare properties.
If we are referring to condominium properties then this is a little easier to compare than say if
comparing villas or commercial real estate. Currently there many projects around like other countries
you too can have the option to purchase units that are already built and ready to move in or off –plan,
which naturally work out cheaper if purchased in the early stages. Projects that are in close proximity to
the beach will have a higher price per square meter as well as those that offer views of the ocean. From
here one can gauge the market prices.

Short Listing.
Once you have viewed several properties, you will want to narrow it down. The main qualifiers should
include quality, location, size, and price and then you are ready to make a serious decision on which
property to buy.

Timing and Motivation.
After completing those very necessary steps and you have narrowed it down, it’s time to speak to your
representative about possible offers and how to negotiate the best deal going forward. Anybody who
has been in the field a while, will have this skill and perhaps even able to get you a sweeter deal than
you thought possible.
Depending on what type of buyer you are and what your aim for purchasing it will make a big difference
if you get into the market at the right time. For instance, investors who purchase during the low season
and something in the early stages of a project could save as much as 15% initially.
A buyer who is looking at re-sale properties and able to find a seller eager to sell with a reduced selling
price may be in a position to negotiate even further with the help of their representative.