Buying a Property? 12 things to consider

When buying a house, there are several important factors to consider. Here are some key aspects to keep in mind:

1. Budget and Affordability: Determine your budget and how much you can comfortably afford for a mortgage payment. Consider your income, expenses, and other financial obligations.

2. Location: Evaluate the neighborhood, proximity to place of interest like schools, workplaces, amenities, and public transportation. Research the area's safety, future development plans, and property value trends.

3. Size and Layout: Consider the number of bedrooms, bathrooms, and overall square footage to ensure the house meets your current and future needs. Assess the floor plan and check if it aligns with your lifestyle and preferences.

4. Condition and Maintenance: Inspect the house thoroughly or hire a professional home inspector to assess its condition. Look for any structural issues, water damage, electrical or plumbing problems, and consider the potential maintenance or renovation costs.

5. Resale Value: While you may plan to stay in the house for an extended period, it's wise to consider the resale potential. Research the local real estate market and evaluate if the property is likely to appreciate in value over time.

6. Energy Efficiency: Assess the energy efficiency of the house, including insulation, windows, heating, ventilation, and air conditioning systems. Energy-efficient homes can save you money on utility bills and be more environmentally friendly.

7. Natural Disasters and Environmental Factors: Research the area for potential risks like flooding, earthquakes, hurricanes, or wildfires. Check if the property is located in a flood zone or requires additional insurance coverage.

8. Accessibility and Future Needs: Consider the accessibility features of the house, such as stairs, doorways, and bathroom facilities. Anticipate any future needs, such as aging in place or accommodating family members with disabilities.

9. Financing Options: Research and compare mortgage options from different lenders. Consider interest rates, down payment requirements, loan terms, and eligibility criteria to choose the most suitable financing option.

10. Legal and Documentation: Ensure all legal aspects, including property title, surveys, permits, and inspections, are in order. Hire a qualified real estate attorney to guide you through the legal process and review all necessary documentation.

11. Emotional Factors: Buying a home is a significant decision, so consider your personal preferences, emotions, and how the house aligns with your lifestyle, aspirations, and long-term goals.

We pride ourselves on offering the highest value for money in eastern Attica , ensuring that your investment goes a long way forward achieving your dream home.

At Alestate.gr we ensure you that our properties are well structured with the right materials. All the necessary assumptions have been checked by legal and financial experts. They are well-conditioned, regularly maintained, energy efficient and environmentally friendly. Our apartments are located near the beach with a great view of Schinias National Park and its forest. The ratio between Affordability and its location is one the cheapest in the region of Dikastika. Check out each apartment for more details.

Investing in Real Estate in Athens' Beach Area

Real estate investment in Athens can be a great way to diversify your investment portfolio and capitalize on the city's booming economy. Athens is one of the most popular destinations in the world. With its rich history and vibrant culture, it is an attractive city for real estate investors looking for a safe and lucrative investment opportunity! Moreover, te city is a home to a number of residential and commercial properties, including apartments, townhouses and villas.

The cost of living in Athens is relatively low compared to other European cities. This makes it an attractive option for investors looking to purchase real estate in the city. The city also has a number of tax incentives for investors, including reduced property taxes and capital gains tax exemptions.

Therefore it is a bustling city that has long been a popular destination for tourists, and its beach area is no exception. With its beautiful Aegean and Mediterranean coastline, stunning beaches, and lively nightlife, the area has become an increasingly attractive option for real estate investors. From luxury villas to affordable apartments, there are plenty of opportunities to invest in property in this desirable location. Here's what you need to know about investing in real estate near Athens' beach area.

Location: The beach areas around Athens offer some of the most sought-after locations for investment properties. Whether you're looking for a vacation home or an income-producing rental property, these areas have something for everyone. Many of the best locations are close to major attractions such as museums and archaeological sites, making them ideal spots for both short-term rentals and longer-term investments.

Property Types: There are many different types of properties available near Athens' beach area including single family homes, condos/apartments complexes, townhouses/row houses and more. Depending on your budget and goals it may be possible to find something suitable whether you’re looking to buy outright or finance through mortgages or other financing options like rent-to-own agreements with sellers who may be willing to accept monthly payments over time without requiring down payment up front (Leasing).

The real estate market in Athens is constantly rising. The city is currently experiencing an influx of foreign investors, particularly from the United Kingdom, China, and the United States. With the right strategy, real estate investment can be a great way to generate a steady income and build wealth. As a result, the real estate market in Athens is becoming increasingly competitive.

Investing in real estate near Athens' beach area offers many advantages – from an excellent location close proximity to major attractions nearby increasing demand for rental properties throughout the year. Thanks to the fast-growing tourism industry and the wide range of financing options available, Athens is an attractive choice for anyone looking to diversify a portfolio and generate passive income streams over time.