REAL ESTATE – MARBELLA WOHNEN – Buying a home to reform: what should you take into account?

Buying a home to reform: what should you take into account?

The second-hand market is very broad, since many people prefer to buy a used house to be able to rehabilitate to their liking than a new one with no possibility of improvement. In addition to the fact that in large urban centers it is almost impossible to find affordable new construction.

Whether you are thinking of buying a property as a regular residence or to invest or rent, these tips will help you to know what factors you have to take into account when you are looking for a house to renovate.

Check the state of the structure

Obviously, looking at the general condition of the house is essential, whether you intend to make a minor reform or if you want a comprehensive reform.

Likewise, it is very important to know the state of the structure and be clear about what you can and cannot touch and if it is necessary to reinforce it. If there are load-bearing walls you need to know, since it will be necessary to maintain them. The same happens with pillars that can be right where you would have wanted an open space.

Of course, check for cracks and consult a professional to be clear about what you can throw and what not and, above all, so that you can know if the structure is stable or will need reinforcement. If it is an isolated house, it is essential to check the state of the roof because its rehabilitation, if necessary, is a high economic item.

Check the status of the installations

It is essential to know the state of the facilities before buying a second-hand property so as not to be surprised later. If they are made of obsolete materials or are in very poor condition, it is better to know in advance. It is essential to know where the downspouts are, to know the condition of the pipes and the electrical or grounding installation.

Know the orientation

Keep in mind that the orientation of a home is decisive in energy expenditure. So it is important that you know it before deciding on a property to reform. If it is oriented to the south you will have many hours of sun and you will save on heating. This is usually the best orientation, but, be careful, it depends on the city you are in: in the south of Spain it can be just the opposite in very hot areas where you want to spend as little air conditioning as possible.

Know the energy certification

Knowing what the energy certification is always a good idea. On the one hand, if the certification result is acceptable, that will be good news. If not, you already know it will be time to improve it with a rehabilitation that includes measures to make your house more ecological: usually with an improvement in insulation or a more efficient heating system.

When you do, you will live better and the property will also appreciate.

Property location

A property can be a good or bad investment depending on the area in which it is located. A property in the center of a city is usually always a good success and it is normal for it to appreciate. But what about more remote areas and neighborhoods that are not so central? Well, it depends and that is why it is essential to know what the future of that area is like before taking the risk with a purchase and reform.

If you are thinking of buying, reforming and renting or selling, it is best to put yourself in the hands of professionals who can help you with your new real estate investment.

Stay up to date on real estate investments here

It is advisable to seek advice from a real estate expert when buying a home, we are competent experts in all areas of the real estate sector with 30 years of real estate experience in the Marbella market.

Marbella WOHNEN Immobilien

Contact