WHAT FACTORS SHOULD YOU CONSIDER WHEN RENTING OR BUYING A PROPERTY IN PANAMA?
The decision to rent or buy a property is not something to be taken lightly. As simple as it may seem in the eyes of an interested buyer, there are multiple factors to consider before making the decision to choose a new home. Therefore, we have made this list, where we will explain which are those details that require a lot of care when starting the process of searching for a new home.
HOUSES AND APARTMENTS FOR RENT OR SALE: DETAILS TO CONSIDER BEFORE MAKING A DECISION
The main points we should pay attention to before deciding on a property are:
How much is our budget?
First of all, we must think about how much is the budget we have at the moment of starting the search for options, this will not only facilitate the selection process, but it will also serve as a guide to delimit options in our mental catalog. It is important to take into account that within this budget you should consider the possibility of introducing real estate loans and credits.
HOUSE OR APARTMENT, NEW OR SECOND-HAND?
Once you have delimited your budget, it is time to think about what type of property you are really looking for. At this point, it is advisable to think not only about which concept of the house is the one that fits your initial mental idea, but also about which one is more suitable according to your family model, geographic location, and lifestyle.
A good exercise to facilitate this process is to make a comparative table with the advantages and disadvantages of each of the housing models, taking into account factors such as type and place of work, lifestyle, size of the family nucleus, pets, spatial preferences and any other detail that is really significant for us.
IN WHICH AREA TO LIVE?
This is another of the most representative points in a purchase or rental decision. No matter how beautiful the property may be, it will be of no use if it is located in an area that is counterproductive to your interests, lifestyle, and customs.
The main sub-factors to consider will be details such as the proximity of the property to public service centers, the number of schools and parks near the property (if applicable), the distance of the space to the work center where the resident is employed, and, finally, the general aesthetics of the region where the property is located. Remember that choosing this area means choosing the location that you will frequent for a long time from that moment on.
