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5 Tips on Finding a Perfect Condominium of Your Choice

2021-01-12
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Summary:Here’s a condo buying checklist to go over as you start your search.

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Ever since condominium market price in Cambodia upraises, owning a condominium is a great choice of investment. Buying a condo can be a great way to dive into homeownership. Condo owner can take advantage of shared amenities, and having professional management to take care of building maintenance.

Here’s a condo buying checklist to go over as you start your search.

Tip #1: Consider Your Budget

One of the first steps in buying a condo is deciding your budget. Now, money can be a sensitive subject for many individuals but it’s crucial to sit down and analyze your finances. The market price of condominium is differed from different amenities, perks and location.  

Tip #2: Location

Once you’ve established your budget, it’s time to start scoping out neighborhoods and deciding where you want to live. During this stage, it’s important to be introspective and analyze your personality traits so you can find an area that suits you perfectly. You might have to make some tough decisions and decide whether you want to live in the heart of the city, or somewhere quieter. If you’re unsure, take spontaneous trips to certain neighborhoods and spend some quality time in the area by visiting the shops and talking to some of the locals. If you’re thinking about starting a family in the near future, keep an eye out for parks, daycares, and schools that can accommodate your expanding household.

Tip #3: Doing Extensive Research

The first thing that you need to do when you think of getting perfect condos is extensive research. Nowadays, there are many condos, and if you are not careful, you might find it a bit difficult to achieve your goals. With the presence of the internet, the task of you getting all the information that you need is very easy. Visit those sites that specialize in real estate, and you will be sure to get the information that you see.


Tip #4: Consult a Professional

If you are buying a condo for the first thing time, the truth is that there are several things that could be hidden from you. Under such circumstances, it is very necessary that you seek advice from the people who have been in the industry for a good period. They will help you find the best units and at the reasonable prices. Or you can contact a professional real estate agent that specialize on condominium.

Tip #5: Negotiate the Terms and Prices

In nearly all the cases, it’s possible to negotiate a better deal by simply talking to your prospective landlord. Especially, if you’re armed with relevant information like for how long the property has been vacant or which tiny problems about the apartment might result in a discount.


Author: Malinda

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Disclaimer: The re-forward articles on Compass website are for the purpose of conveying more information, and it does not mean that the Compass website agrees with its views or confirms the authenticity of its content. Article noted as "Source: Compass original", please note that the source from Compass. The content of the article is for reference only and should not consider as investment advice, and it does not mean that Compass agree with its views.

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