FAQ
I've rounded up the real estate FAQs for you.
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In addition to the price of the apartment, ancillary expenses will usually be added, taking into account additional costs such as: purchase tax, attorney's fees, brokerage fees, repairs and renovations on the property, and in the case of bank financing, the opening of a mortgage portfolio.
The waiting time can vary depending on the market, property pricing, and the apartment's location. On average, selling an apartment can take anywhere from a few weeks to several months. A professional real estate agent knows how to significantly shorten and streamline the selling process.
To ensure a quick sale, it is important to present the apartment in good condition, to know on which days and hours the property is at its most attractive (for example, a property facing west is highly recommended to visit during sunset hours to showcase an impressive view), to set a competitive price, and to advertise it on as many platforms as possible. Another channel that can help is collaborations with other agents active in the area.
It is important to check recommendations from previous clients, to review their professional background, and to ensure they are legally registered and licensed. An open conversation about processes can also attest to transparency and reliability. In most cases, even a quick search on websites is enough to discover the agent's level of activity and their qualifications.
Absolutely! Small renovations, such as repainting, fixing leaks, and upgrading furniture, can improve the value. It's also worthwhile to invest in cleaning and organizing spaces to present the property in an attractive manner.
The time to receive a mortgage depends on the bank and the required documents, but typically the process can take between two weeks to three months. It is important to prepare all documents in advance to expedite the process.
Before purchasing a second-hand apartment, it is advisable to check the condition of the property (including infrastructure, electricity, water and sewage), to review the ownership history of the property, and to ensure there are no debts or legal claims against it. In certain cases, the property may be defined as a dangerous building and this will not appear in the land registry records; this should be verified through the website of the local authority where it is located.