Last Updated on March 13, 2023 by Hassan Abbas
The high-end property market in Marbella is booming. Spurred on by a government stimulus package and lowering of the inheritance tax, there has never been a better time to buy. But do you know how to find the property that is right for you?
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If not, then we can help. Read on as we give four tips on finding property for sale in Marbella.
1. Know Your Goals
The type of property you should look for depends on your goals. You will find some properties in certain areas are better for buy and hold rentals or long-term appreciation. Others may lend themselves to fix and flip methods.
Of course, you may just want to find a property for sale that you want to use yourself. Not only will knowing your objectives help you find the right one, but it will also help a real estate agent make more applicable suggestions.
2. Narrow Down Your Options
Once you know your goals, you can begin to narrow your goals down. Start by finding areas that best suit your needs. Do you want a rural idyll for yourself or luxury rentals by the coast?
After this, consider amenities and accessibility. Most parts of Marbella are close to everything you could need, though some may be a drive away as opposed to a short walk. You may also want to be closer to the airport.
3. Research Other Expenses
As well as the overall price of the property you buy, there will be a number of other expenses you should research beforehand. Property taxes vary depending on the region you are buying in. If you are planning on purchasing luxury real estate, it is likely to be in one of the more pricey areas.
Once you know this, check if the property has a common cost. This is a fee payable monthly for the upkeep of the building and shared areas. For example, it may cover corridors, pools, stairwells, and elevators.
Make sure you check the small print. Some homeowners associations may not include certain expenses in the fee that you could be liable for. You should also check if any major repairs are due that may result in you having to pay.
4. Get Sound Advice
Nobody can give you better advice than someone versed in local property sales. That starts and ends with a real estate agent. Be it luxury property rentals or low price fix and flip abodes, they will know the areas best for your need.
A great real estate agent should know the local area and listen to what you want. You can learn more from a great real estate company.
After this, you need a trustworthy lawyer who knows local property regulations. Before any deposit is handed over or forms signed, a lawyer should check everything for you and perform due diligence.
Finding Property for Sale in Marbella
Now you how to find the right property for sale in Marbella, begin the search. Know what you want and get a real estate agent. It won’t take long until you have the perfect place that is right just for you.
If you found this article helpful, we have many more. From property to investing, we can get the most from your money in the coming year.
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