Buying property: the real questions to ask

Whatever your real estate project, at some point you will ask yourself a multitude of questions! Here are 3 essential questions that you should answer first.

What is my budget?

Knowing your financial capacity will inevitably guide your choice! The amount of your loan depends on your initial contribution and the maximum monthly repayment you can afford. To find out, visit a online loan simulator. You also have to take into account the additional costs and charges associated with the future acquisition.

New or old?

Buying a new home gives you peace of mind when it comes to building work over a number of years, and means you'll benefit from the latest standards and modern equipment. What's more, the ten-year construction guarantee offers attractive financial security. Add to that lower registration fees and a reduced VAT rate of 3% (for a principal residence) to complete the list of advantages. Yes, but ... you'll have to allow for a longer waiting period when you buy, and a higher price per m2.
Opting for an old property often means opting for a location close to the city centre and a charming architectural style. The purchase price is lower, but you still have to factor in the cost of any work that needs to be done (on the property and the interior). In short, choosing between new and old is not only a matter of taste, but also of cost!

Knowing how to project yourself into the future

Even if it is not always obvious, it is important to imagine your life in 5 years. The right question to ask yourself : "Will this property still suit me in a few years? ". One takes into account the evolution of one's professional situation, the age and the needs of (future) children. These elements are decisive for the chosen environment, but also for the envisaged surface area, not forgetting the amenities available around the property.

Answering these 3 essential questions precisely will help to clarify the project and to promote its realisation.