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Updated by Joanna James on May 02, 2024
Headline for 5 Things to Consider Before Buying your Dream Apartment- A Guide for First-Time Buyers
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Joanna James Joanna James
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5 Things to Consider Before Buying your Dream Apartment- A Guide for First-Time Buyers

As rewarding as it may be to own your dream apartment, apartment hunting can be one of the most daunting and tedious things to do. When looking for an idyllic abode, some of the most indispensable things to look out for include the location, amenities, and short-term and long-term costs involved in the purchase. Here is a simple guide on some of the key aspects you cannot overlook when buying the apartment of your dreams.

1

Location

Just as the layout and the structure of your apartment are of immense importance, it is equally important to finding a living space which is conveniently located within proximity to most of the shops and services you often use. Whilst it is ideal if all your grocery, other shopping and service needs are only a short walk away from your dream abode, as long as it's not too far away, it is equally feasible. Most importantly, try to gauge the distance you are from your workplace or daily essentials, simply because a long commute is bound to take a toll on you.

2

Lease Terms and Conditions

Before placing your signature on the lease agreement, make sure you peruse the terms and conditions properly. If you are struggling to understand certain clauses on restricted behaviour, actions that can lead to eviction, penalties for late payments or the terms on improvements and adjustments being made to the property, it is always prudent to ask your property manager and get them clarified or request for amendments accordingly.

3

Modern Amenities

Before choosing a new apartment, ask yourself what amenities and facilities are essentially required for you to lead your life. Do you need an onsite work room, do you need an indoor pool, do you need a unit laundry or do you need an indoor gym, these are some of the first amenities which may come to your mind when making a list. If you are hunting for Colombo city apartments which are decked with all the lavish state-of-the-art amenities to make your life much easier, TRI ZEN apartments will be an ideal choice.

4

Long Term costs and upfront costs

As much as it sounds exciting to move into a new place and give a kickstart to your life, you will not want to take the big plunge without planning your upfront and long-term costs. Among the most indispensable upfront costs, you will have to bear, application fees, security deposits, pet deposits etc. must be given priority. On the other hand, when calculating your long-term costs, do not think rental will be your only concern. Always make plans for your other financial obligations including electricity, gas, internet and cable, cell phone service, groceries and monthly service subscriptions etc before it is too late.

5

What you need for your new space

Once you have chosen your dream apartment, the next daunting task is to think about all the furniture and necessities you need to equip the space with. Before deciding on all the customized fittings, you can have in your new apartments, list down the most pivotal things required including dining tables, beds as well as sheets, towels, paper products and basic cleaning supplies. Since certain furniture may take a considerable time to be delivered, come up with some alternatives to beautify your apartment till then.

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