When it comes to buying a property to live in, many people naturally focus on saving up a deposit first. But what kind of place should you buy when you have your money saved and are ready to do a deal? Right-sizing is a hot topic in the property market now and is something all home buyers should think about. This involves buying the right size property for your current needs.
This is a great idea for first-time buyers in particular who can use it to get on that vital first rung of the property ladder. The notion of buying one large property that you stay in forever to raise a family is now over. In the modern world, it is all about living somewhere that is right for you at the current moment and then moving on when things change.
When it comes to deciding on the right property for the stage you are currently at in life, many now choose a house and land package. But what does this involve?
House and land packages explained
The main thing to understand here is that it will involve buying a property with land in a developing estate. With this in mind, it is key to be patient as amenities like shopping, transport and schools are set up in the area. When this does happen though, you will find living there very convenient and enjoyable.
Another major bonus with this package is how it enables you to afford a house that ticks all your boxes and does not force you to compromise so much in key design areas. These new estates have really moved on in recent times also. Many now are very stylish and have homes dreamt up by leading architects. Many now will also be built with the environment in mind to help protect the planet. A lot of new style estates are also built to encourage exercise and help you to get around without the need for a car.
What else should you know?
If you are interested in buying a house and land property on a developing estate then it is worth contacting the community group in question to find out what the developers have planned. This will allow you to see exactly what facilities and amenities should be in place when the whole project is finished. House and land packages also work a little differently in terms of your mortgage so make sure you understand this before making any moves.
For more details on property investment or buying houses, contact fam Properties today. As the leading name in Dubai house sales and investment, we can help explain anything you need to know.