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Buy an Apartment: What Options to Choose

How do you can buy an apartment?

Buying an apartment is a significant event that requires careful planning and informed decisions. The opportunities to purchase an apartment are varied, and choosing the best path depends on your personal preferences, financial capabilities, and goals. Here are a few ways you can buy an apartment:
  1. Buying directly from the developer – this option is ideal for those who want to buy an apartment in a new building. Buying from the developer often allows you to purchase the property at a more favorable price, as well as to choose the most suitable layout and floor.
  2. Buying on the secondary market – purchasing an apartment from the current owner can be a favorable decision, as such properties are often already ready to live in and have an established infrastructure around them.
  3. Participation in auctions or bidding – sometimes apartments are put up for auction, which can be an opportunity to purchase the property at a reduced cost. However, this method requires a good understanding of the market and a willingness to make quick decisions.
  4. Mortgage or loan – if your own funds are not enough for the purchase, you can always consider a mortgage loan. Banks offer various programs with different conditions, which allows you to find the most suitable financing option.
  5. Investment programs – some developers and real estate agencies offer investment programs that allow buyers to invest in properties under construction, which can be more profitable than buying a finished apartment.
When choosing how to buy an apartment, it is important to consider all aspects and potential risks associated with each option. Regardless of the chosen way, it is important to conduct a thorough inspection of the object and legal verification of documents to protect yourself from possible problems in the future. Our managers at ATLAS Agency are ready to provide you with all the necessary information and help you at every stage of apartment purchase, providing comfort and confidence in your decision.

Where to buy an apartment: Georgia, Northern Cyprus, Thailand, Bali

Buying an apartment abroad is not only an opportunity to invest money, but also a chance to buy a home in a picturesque corner of the world for vacation or permanent residence. Let us consider four popular destinations for buying real estate: Georgia, Northern Cyprus, Thailand and Bali.

Apartments in Georgia

This country attracts real estate buyers with its hospitality, mild climate, delicious cuisine and affordable prices. Georgia offers a wide range of real estate, from apartments in historic centers to modern complexes by the sea or in the mountains. Favorable tax policy and relative ease of acquisition of real estate by foreigners make Georgia attractive for investors.

Apartments in North Cyprus

Northern Cyprus is known for its beautiful beaches, mild Mediterranean climate and high standard of living. Real estate here is affordable and offers favorable options for both vacation and permanent residence. Buying property in this region can also be an interesting investment, given the gradual improvement of the political situation and the potential for rising house prices.

Apartments in Thailand

Thailand is a popular destination among foreign investors and tourists due to its tropical climate, beautiful beaches and developed infrastructure. Here you can find apartments in booming metropolises, cozy apartments on the beach or luxury villas in quiet resort areas. At the same time, you need to be attentive to the legislation, as there are certain restrictions for foreigners to buy land and real estate.

Apartments in Bali

The island of Bali in Indonesia is a paradise for those who dream of living in an exotic and tranquil place. Real estate in Bali offers a variety of options from modest bungalows to luxurious villas overlooking the ocean. Bali attracts with its unique cultural heritage, gorgeous scenery and friendly people. However, as with Thailand, it is important to consider local laws and restrictions on foreigners purchasing real estate. When choosing a country to buy an apartment, it is important to consider not only the price and quality of housing, but also legal aspects, infrastructure, cultural peculiarities and potential for investment. Contacting experienced specialists, such as ATLAS Agency managers, will help you make the right choice and ensure the safety of the transaction.

Management company for apartment maintenance

The ability to hire an apartment management company to maintain your apartment is one of the most important aspects of owning a property, especially if you have purchased an apartment in another country or plan to use it as an investment property or second home. A management company takes care of all the worries of keeping your property in perfect condition, providing convenience and peace of mind for the owner. Here are a few key aspects related to management company services:
  1. Comprehensive maintenance: Management companies offer a wide range of services including daily maintenance, cleaning, monitoring of utility systems, security and much more. This ensures that your apartment will always be in top condition, even if you are in another country.
  2. Rental properties: If you plan to rent out your apartment, a property management company can take care of finding tenants, signing leases, collecting rent, and handling any issues that arise with tenants.
  3. Legal support: Management companies often provide legal support related to owning and operating a property, helping owners comply with local laws and avoid potential legal problems.
  4. Financial management: Companies can offer financial management services, including accounting, bill paying and tax, which is especially convenient for foreign investors.
  5. Personalized Approach: Many management companies offer customized solutions tailored to the specific needs and preferences of the property owner.
By hiring a management company, you can be sure that your apartment will be attractive to tenants, its value will be maintained or even increased over time, and any issues that arise will be dealt with promptly and professionally. This is especially important for those who live far away from their property and cannot personally take care of its maintenance and management.

Peculiarities of purchasing apartments on the secondary market

Purchasing an apartment on the secondary real estate market has its own unique features and advantages. First, buyers have the opportunity to evaluate not only the apartment itself, but also the surrounding infrastructure, the condition of the building and communications, which gives a more complete picture of the future housing. Secondly, secondary housing is often available for immediate occupancy, unlike apartments in new buildings, which may require a long wait. However, buyers need to be careful about the legal purity of the object, checking for encumbrances and the rights of previous owners. It is also important to take into account that secondary market apartments may require additional investments in repairs or modernization.  Overall, choosing an apartment in the secondary market offers a wide range of options for different needs and budgets, making the process flexible and appealing to many buyers.

Contact our managers to choose the right apartment for you

If you are considering buying an apartment and are looking for a reliable partner in this important endeavor, our team of professional managers at ATLAS Agency is ready to offer you their assistance and expertise. We understand how significant it is to make the right decision when choosing a property, and therefore we invite you to contact us to discuss your preferences and requirements. Our experts have in-depth knowledge of the market and will offer you a personalized approach in selecting an apartment that perfectly matches your expectations in terms of location, price, features and style. We will help you find the perfect home that will become your cozy retreat or a profitable investment. Contact our managers today to get started on the road to a dream purchase!

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