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Real Estate

Key Points to Consider When Purchasing a Villa

Choosing the right luxury villa can be a bit of a challenge, especially if you are buying abroad. If you are buying from an owner it can be riskier than purchasing a property from an established real estate company. A reputable real estate business will have a useful website with plenty of information about the property. Here are some ways to tell whether you are buying into a quality development or substandard real estate.

First-hand Experience

Buying a villa is a big investment, so you must take precautions to ensure you are purchasing the right property. For example, if you are thinking about branded residences in Phuket, you’ll want to buy from a company who have an excellent background in the sale of luxury villas and other exclusive properties.

If you’ve never been to Thailand, but you’d love to buy a second home there, why not try and get in touch with someone who already has? You can’t get first-hand experience if you are buying from a site plan, but you can speak to people who have dealt with the same company on another project. If they come highly recommended and they’ve delivered on other developments, you can be confident they’ll deliver this time around.

Match Your Lifestyle

If you love nature, outdoor activities and beautiful scenery, then a villa on a tropical island may be exactly what you need. When choosing a luxury villa, make sure you go for a property that ticks all the boxes in terms of your lifestyle. Your new villa isn’t just a property, it is a home from home. It should be a place where you can indulge in all things you are passionate about, whether that is golf or water sports.

Make Location a Priority

Who wouldn’t want to own a luxury villa beside the beach or at the base of a tropical mountain? When choosing your property, remember that location is everything. You’ll be investing a lot of money in a luxury villa, so make sure you get the most out of your investment. Exotic locations are great as long as you still have access to amenities such as an ATM, hospital, shopping and activities. It is sensible to do a little research on the location before you consider investing in a villa.

Check the Developers Reputation

If you are buying into a development, the developer or property group should have an excellent reputation. The easiest way to find out about them is to do some research online, if they are a leading developer who specialise in luxury villas, you should easily find plenty of background history on their organisation and previous projects they’ve been involved in.

There are many important factors to consider when purchasing a luxury villa. If you are thinking about buying abroad, you should make a trip to see the project and view the site plans before you make an investment. Don’t just rely on images from their website, take your family or go there by yourself and evaluate the surroundings to see what it would be like to live there.

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