New, used, or pre-construction properties?
Adela Tallada
Adela Tallada
Among the possibility of buying properties, there are mainly the following:
Second-hand properties
They are properties that have already been transferred previously, in which someone has already lived, and their current owner wants to sell it. The prices of these properties are set according to the market, that is, the amount of supply and demand. Your real estate advisor has access to the listings of these properties by prices, characteristics, and areas.
New construction properties
New construction properties are usually understood to be those that have not been previously transferred or that were transferred but in which no one has ever lived. The prices of these properties are usually not negotiable. The price usually varies according to the surrounding market.
Properties in pre-construction or new construction
In recent years, the promotion and construction of real estate have been reactivated. These projects start to sell even when the first earthmoving has not yet started. Generally, the longer it takes to finish construction, the better the purchase price. If you can wait, you could find good investment opportunities in this pre-construction market if you are not in a hurry. Ask your real estate agent about these new constructions.
Soy Adela Tallada, asesora inmobiliaria especializada en Mallorca, principalmente en Palma, Marratxí y sus alrededores. Este es mi noveno año en el sector y he desarrollado parte de mi trayectoria en una compañía inmobiliaria internacional. Acompaño a propietarios y compradores durante todo el proceso, desde la valoración y la preparación de la vivienda hasta la negociación y la firma. Mi forma de trabajar se basa en la cercanía, la transparencia y una estrategia personalizada para que cada cliente pueda tomar decisiones inmobiliarias con seguridad.
How do you know where to buy?
As a Real Estate Advisor, I will assist you in every step you need during the area selection. A first point to take into account, it is essential to know what you want the property for: to live, to rent it, or as an investment?
Steps in the process of buying a property.
A brief and simplified explanation of the process of buying a property.
A mortgage loan? Cash?
The payment method to purchase a property will depend on the amount of money you have to invest and your mortgage debt capacity.