What to remember when planning to buy your first apartment?

Do you dream of your first apartment or house? Purchasing real estate is an extraordinary and emotional experience that can also be demanding. To make this important step easier for you, we have prepared a set of useful tips to help you effortlessly find and buy your first dream apartment.

Define Your Budget

The first step in the process of buying an apartment is to precisely define your budget. A thorough analysis of your finances will help you determine the maximum amount you can allocate for purchasing the property. It is important to consider not only the price of the apartment but also additional costs, such as the real estate agency's commission, notary fees, taxes, monthly rent costs, and other expenses related to maintaining the apartment.

If you plan to purchase using a mortgage, include the monthly payment amount and additional costs associated with the loan, such as commissions, life insurance, or property insurance. It’s worth consulting with an experienced financial expert at this stage to assess your creditworthiness and present available mortgage offers, as well as options for support programs.

Consider What Apartment Meets Your Expectations

After establishing your budget for your dream property, think about the area where you would like to live. If you value proximity to green spaces and services, check out residential investments for families in Szczecin at the Nowa Północ housing estate, located in a developing district that is well-connected to the city center.

Choosing the right location is a crucial step that should take into account the distance to work, schools, kindergartens, shops, and other essential places. Well-developed transportation infrastructure and public transport accessibility are also extremely important.

Before starting your search, it's worth creating a priority list regarding the apartment. Consider what is most important to you—whether you value a large living space, the number of rooms, parking availability, a balcony, or perhaps a garden. Clearly defined priorities will make it easier to filter offers and help avoid making impulsive decisions.

Attend Real Estate Fairs

To find the perfect apartment in your dream location, it's advisable to thoroughly research the real estate market. Browse listings on various industry websites and participate in housing fairs taking place in the areas that interest you. It's also beneficial to leverage the knowledge and experience of a professional real estate agent, who can not only help you find an apartment that meets all your expectations but also guide you through the entire purchase process, providing expert assistance at every stage.

Determine Your Financing Method

Financing the purchase of an apartment from the primary market can be realized in two main ways: through a cash payment or via a mortgage. The first option, paying the full amount with your own funds, is of course much simpler and faster. This way, you avoid the formalities associated with applying for a loan and gathering necessary documents, saving time and stress. However, having the full sum available for the purchase of an apartment is a rarity, especially among young people.

The second method, purchasing an apartment with a mortgage, is a popular and widely used solution. However, when deciding on a loan, you must prepare to meet several conditions. An important element is obtaining adequate creditworthiness and gathering the down payment. Additionally, you need to prepare and submit all the necessary documentation. This process requires a thorough examination of your financial capabilities and budgeting.

Each financing method has its strengths and weaknesses. Before making a final decision, it’s worth carefully analyzing your creditworthiness and financial possibilities. This will make it easier to determine which price range of apartments will be available to you, significantly simplifying the process of selecting and purchasing a new home.

Visit the Sales Office of Your Preferred Developer

Visualizations of new housing estates by developers are captivating with luxury, an intimate atmosphere, and lush greenery surrounding them. Such features are found in residential investments in Szczecin for young people, attracting those who want to buy their first apartment.

At this stage of construction, promotional prices are often available, encouraging many buyers to purchase an apartment before its completion. If you decide to go ahead with such a transaction, it is crucial to meticulously attend to all formalities. Caution is extremely important here, so before signing the contract, you should check:

• building permits;
• legal status of the plot;
• spatial development plan.

Before visiting the sales office, prepare a list of questions regarding the apartment's size, layout, and orientation relative to the cardinal directions. It is also important to find out the construction technology of the building—developers must adhere to current energy efficiency standards. Don’t forget to ask about the monthly maintenance fees and what exactly they include.

Buying your first apartment is an exciting moment in life! By following these tips, you can confidently navigate the process and find the perfect apartment that meets your needs. If you're still looking for attractive offers, you're in the right place. At Ronson Development, you will find properties located in attractive locations. A great example is the new apartments in Szczecin. We warmly invite you to get in touch.