Are you looking for housing? How to choose the type of house that best suits you ?, What do you need? After many laps: do I rent or buy? In the end, you have opted to invest in the brick. Something you will appreciate throughout your life.
After my experience as a real estate consultant, there are “three clues or concepts”, which I give to my clients to help them make such a difficult decision:
1º.- AREA. It is the most important part when buying your future home. You must know where you want to live. If we talk about a city, surely you value the proximity to your job and mobility in public transport: metro, bus. But if you prefer to give more prominence to a life without pollution, although further from work, you will opt for a town or municipality on the outskirts of the capital. The value of the square meter will also depend on the area in which you wish to live.
Remember that to the price of the house you must add the taxes
2º.- The price. Evidently. The calculations that you must perform to access your home should be with the greatest common sense possible. We should never borrow more than 30% of our monthly income. The promoters are going to ask us for at least 20% of floor value savings, without taxes. The 80% can be financed with a banking entity, but we will have to have saved, upon delivery of keys, the corresponding tax (VAT in new construction and ITP in second hand). Some entities lend 100% of the value of the home, if they are yours, to facilitate the exit of your bag of real estate assets. In these cases we must also have the Property Transfer Tax, which will differ according to the autonomous community where we buy the home.
We should not borrow above 30% of our monthly income.
3º.- TYPE AND DISTRIBUTION. The key to choosing the type of home is to ask the following question: what do I really need? In fact, it is not the same a single that a person with family, or that you are going to live with your partner ... If you work at home, you will need an additional space. Likewise, if someone works at home (babysister, domestic service, etc.). Then there is the place of recreation: a large terrace in an attic or garden on the ground floor, if you choose any of these options, your budget must necessarily rise.
What do I really need? It is one of the key questions
Here we stop to know the type of housing that the real estate market offers us. Fundamentally there are two, single-family and multi-family. The first are buildings where a family lives and the second where several families live, it's that simple.
The single-family homes:
- Isolated housing. It is a single-family home that is independent, may or may not border on other homes. They generally have some land or plot around.
- Semi-detached house. Although from the outside it looks like a single house there are actually two and usually also have some plot.
- Terraced house. They are usually rows of houses with some plot, which share common elements such as gardens, pool or garage.
Usually, there is talk of an isolated, semi-detached or semi-detached house or bungalow.
And the multi-family:
- Flat. These are homes that usually have more than one bedroom in buildings with common areas or services.
- Vacation Apartment. They are usually houses with only one room, although independent of the rest of the house.
- Study. In a studio the kitchen, the living room and the bedroom are in the same room and can be of different sizes, although the usual thing is that they are small houses.
- Duplex. These are homes that have two floors connected by a staircase.
- Penthouse. They are the last floors of the buildings and they stand out for having a privilege that many of us want: the terrace.
- Ground floor with garden. They are floors located on the ground floors of buildings that have a private garden.
- Loft. It is a large space with few divisions, large windows and very bright.
- Attic. Highest part of a house, immediately to the roof, which generally has a sloping roof; It is used as housing and / or room.
Now you are ready to face a smart purchase. Luck!!!
Main Image: Residential Four Way Gardens in Madrid
Article prepared by Vicente Manrique, real estate advisor in Contact Us