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Property Buying Tips
LOCATION
In real estate, location is everything. This section will help you choose
the right location. There are many factors to consider when deciding where
to buy property. If you are buying a property to live in, you need to find
out the location of:
- the closest shopping centre
- public transport
- parks and other facilities
- schools if you have children
If you are looking for an investment
property you need to find out:
- recent property growth figures
- the demand for rental properties in that
area
the facilities that will appeal to the
rental market
COSTS OF BUYING
Find out the various expenses involved with buying property.
We advise that the following are the main costs involved when you buy
property:
- purchase price of the property
- stamp duty/transfer fees payable to the
Government / Development Authority
- legal costs and searches
BUYING AS AN
INVESTMENT
While the decision to buy a family home is usually very emotive, buying
investment property should be based on a logical and calculated process. To
minimize the risk of getting stuck with a bad investment, we recommend
buyers research the area they intend to buy. We advise investors to:
Check the local newspapers
Find properties with similar features and compare their prices. This simple
research will be a valuable guide to determining what is on the market, and
at what price.
Talk to a real estate agent in the area
A good agent should be able to provide buyers with an informed opinion on
prices and market trends. They should also be aware of the property types
that tenants are looking for, and how much particular types of property
should return in rent.
Contact the concerning Development Authority
It is recommended that potential investors contact the concerning
development authority which may be a government department like CDA or a
private organization, to find out whether any major developments are planned
for the area.
Your perfect investment may not be so perfect if a freeway overpass is being
planned for your back yard.
Seek financial advice
If you're a first time investor, property investment should be considered
and managed as part of an investment portfolio. Unless you're an experienced
property investor, independent advice will prove invaluable.
Like any other investment, you need to consider:
- how much money you can invest
- what the goal of the investment is
- how long you want to hold the investment
Re-evaluate regularly
Another important factor to consider is the property and the market
conditions affecting your investment. It must be monitored and re-evaluated
on a regular basis.
While there are many avenues of investment, property is still a stable and
financially rewarding investment. The buyer must be aware of what sort of
return they can expect from their investment. Purchasing the right property
makes it easier to rent out and sell when the need arises.
Your Address in Islamabad
the Beautiful!
Shaia's River View Apartments
Zone V, Islamabad
Sector E-16
Zone
II, Islamabad
NOC by CDA
Hurry! Very Limited
Residential 500 Sq. Yds. & Commercial 266 Sq. Yds., Plots are Available. Great potential
for investment in the prime Real Estate...»
find more
Airport Gardens Housing
Scheme
Islamabad
NOC by TMA
250 Sq. Yds. & 500 Sq.
Yds.,
Plots are available on First Come First Serve Basis
find more
Park Road Scheme
Islamabad
Ready to build Plots (residential @
Rs350,000/M
Commercial @ Rs.400,000-500,000/M) in Tarlai, Islamabad Available. Near CCOL office Tarlai...Zone
IV Islamabad Near Comsats University on Main Double Park Road Limited Plots available.
Satellite
View Location Map Scheme
Map
Only serious buyer contact CCOL:
property@findpk.com
Tel: +92 51 250 9188 /0322 5157887
ABU DHABI Towers, F11, ISLAMABAD
Dreams do
come true...
100% Work Completed
Al-Safa Heights
2. F11,
Islamabad
90% Work Completed
Farm Houses
- Very Exclusive Farm House available in
a Margalla Hills, 36 Kanal
on the bank of water stream, well grown garden, Natural Water Fountains, 10
Minutes drive from Sarina Hotel.
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