Buying an apartment checklist - Ciputra would suit

Apartments can make the perfect first home or property investment, but only one should choose the high life after considering these essential factors. Much more affordable than homes, apartments are an excellent alternative for those who want to live close to the city. But they vary in size and facilities; some come with hidden costs.

So discerning buyers need to look beyond the price tag and dig into each property's pros and cons before signing on the dotted line.

Here is a checklist to help you buy an apartment that's right for you

Ask about the strata scheme

Buying an apartment generally means buying into a strata scheme, a system of ownership that sees individuals wholly own their apartments, or 'lots,' and share ownership of the building's common property with their neighbors.

Strata schemes charge their members annual fees, or 'levies,' to cover repairing and maintaining an apartment block's shared areas. These fees depend on the size of the building complex and the facilities they include.

As a result, modern apartment buildings with lifts, pools, and gyms charge relatively high fees, with individual owners usually setting an amount proportionate to the size of the apartment they own. And so, it's worth finding out what these are before deciding whether to buy a property.

Capital improvements are another potential hidden cost.

More likely than not, your unit will be part of an owners corporation – a committee of owners that is responsible for managing the maintenance of a building's common areas – which means you may have to pay for renovations should the majority of your neighbors vote to make improvements to the common property.

Add the need to fork out building insurance annually, and your once attractive investment might suddenly look less desirable.

Research your corporation developer 

Some owners' corporations also require members to attend regular meetings, while others are much more relaxed.

Check your contract of sale for details about the owner's corporation, ask the agent what they're like, and look at the minutes of recent meetings for further information.

Find out nearby amenities

In most cases, apartment living means less private space, so it is essential to consider nearby amenities before you buy any property.

For example, if you have a pet, you would want parkland or access to an open space. And then consider whether the apartment has good access to a gymnasium, convenience stores, and supermarkets. Apartment living can be pretty stuffy, too, so it's worth purchasing somewhere close to cafes, restaurants, hospitals, and great schools. 

If you buy an apartment for investment purposes, these nearby amenities will make your property more desirable to renters.

Vacancy rates and short-stay accommodation

If you are buying an apartment to live in, finding out how many units are vacant and whether any units are being used for short-stay rentals is essential.

Because empty apartments can impact the feel of the complex community, short-stay rentals often present noise and security concerns.

Structure and design layout

The structural integrity of the building and the layout of the apartment should be critical considerations for any buyer.

When inspecting an apartment, look for red flags such as cracking, mold, or broken sealants. Check whether the apartment has carpets and what the walls are made of, too, so you can get a good idea of how the unit will insulate noise.

Getting approval to renovate apartments is difficult, especially if you are making significant changes, so if you are not happy with the design, it's best to look elsewhere.

Ciputra apartment would tick all the boxes

Searching for an ideal apartment for your growing family without compromising your budget with apartments? Look no further than Ciputra's charming apartment that could be your perfect new home!

Apartments in Ciputra - Nestled in a secluded Ciputra Nam Thang Long area, this property offers everything you desire. Inside, the open plan layout fills the space with abundant natural light, creating a warm and inviting atmosphere suitable for relaxation and entertaining.

Step outside to overlooking balcony, seamlessly connecting to a sun-soaked space, where you can unwind and enjoy the tea break, reading books. The modern kitchen boasts ample storage space and a convenient breakfast bar, perfect for culinary enthusiasts.

With three generous bedrooms, including a master bedroom with an ensuite and private balcony, you'll find comfortable and spacious living spaces. The air-conditioning on the lower level ensures you stay relaxed and comfortable, even during scorching summer days. Practicality and security are enhanced by the single lock-up garage with ample storage and the convenience of off-street parking.

To learn more about apartments in Ciputra, don't hesitate to get in touch with us for in-depth consultations:

Hotline: 0986 720 720 

Website: bdstanlong.com

Read more: Apartments for rent in Ciputra

Apartments for sale in Ciputra