Eight questions to ask before reserving a pre-sale apartment
Buying at pre-sale can get you the best price. These are the questions worth asking before you leave your reservation deposit.
Buying to rent: what to check before investing in an apartment
Location, size, fixed costs and delivery times. What to check before buying an apartment to rent out.
An apartment to rent is, above all, an apartment someone wants to live in. Before running the numbers, look at what renters are looking for.
Location and transportation
Proximity to public transportation, offices, schools and services matters more than almost any finish. Walk the area at different times of day before deciding.
Size and layout
Two-bedroom, two-bathroom apartments tend to be the most versatile: they suit couples, small families or two people sharing.
Fixed costs
On top of the purchase price, add the escrituración (deed and notary costs), the predial (property tax), the maintenance fee and insurance. These are the expenses that keep running even when the apartment is empty.
Ready to move in or pre-sale
A finished apartment, such as Ego 237, can be rented out from the first month. One bought at pre-sale usually costs less, but only starts earning rent at delivery.
Who builds it
A well-built building has fewer maintenance problems and holds its value better. Look at projects the same developer has already delivered.
This article is for information only and is not financial advice: rental income and appreciation are not guaranteed. If you want to review a specific investment, an advisor will share the development's information with you.
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