"Old building or new building ?" #1
40-50 years ago, residential buildings were being massively constructed in our city. These buildings...
"One of the most important issues for everyone is the desire to own their own home. It seems that everyone buys a house at least once in their life. However, due to lack of experience in purchasing a house, they often face several difficulties. For example, we frequently witness cases where buyers are deceived when buying a house. Sometimes a house is sold, and shortly after, its wallpapers start peeling off, or problems arise with the plumbing, or issues with heating in winter and cooling in summer, and so on—difficulties that the buyer hadn't anticipated.
Sometimes, when a certain house is put up for sale, it undergoes cosmetic repairs to look more presentable. However, beneath these cosmetic repairs, there might be significant issues. The new owner only discovers these problems after purchasing the house. Initially, they might not notice these issues. It's essential to conduct thorough research and consult professionals before buying a house because there are various standards for repairs. Often, a visually appealing repair doesn't necessarily mean high-quality materials were used.
Legal issues also pose considerable problems during the buying and selling of houses. There have been instances where a house was sold to several people through fraudulent means in the country. To avoid such problems, what can we do? These recommendations might help you in finding and buying the house you desir:
- Determine your budget: Clarify your financial capability for buying a property. Review all financial aspects comprehensively.
- Define the criteria for the property: Identify criteria such as the number of rooms, area size, price, location, and surrounding infrastructure. This will help understand your expectations from the property accurately.
- Conduct area research: Begin your search for properties in desired locations. You can search for the desired property and its surrounding environment through online real estate agencies or local listings.
- Property viewings: It's crucial to see as many properties as possible and observe all details whenever feasible. Take a close look at the property and ask as many questions as possible. Try not to rush through the viewing; sometimes, during conversations, you might even witness hidden details that the seller might disclose.
- Agreement and purchase: Once you've found a suitable property, prepare a purchase agreement with the seller and ensure fair terms for both parties.
When buying apartments in housing cooperatives, it's essential to pay attention to the layout of the corridors. Often, corridors are designed to accommodate more apartments on a single floor, which might compromise aesthetics. Having fewer apartments in a hallway signifies a more exclusive environment, potentially reducing the chances of neighbor interaction and associated problems. Avoid choosing apartments in dormitory-style buildings where there are 5-8 units in one hallway. Also, check for the presence of elevators in the buildings. At least one freight and passenger elevator should be available, and having three elevators is considered more prestigious.
"Choosing a well-built suburban house requires attention. Houses are primarily constructed in the capital's villages and towns. Occasionally, houses built in a neighborhood format have small yards and similar designs. In many cases, the quality of these houses raises doubts.
Real estate expert Nofel Guliyev suggests that citizens should be cautious when purchasing such houses. Some of these houses are constructed by developers using cheap materials and completed in just a few weeks to make quick profits. However, in reality, it should take a minimum of 3 months to build a house and bring it to the plot, considering the necessary drying time for certain materials during construction. When buying these houses, attention must be paid to various nuances. Poor-quality houses also have severe facade issues, and rectifying them can be costly.
Nofel Guliyev also mentions potential problems in the documentation of these houses. Citizens are advised to buy such houses not from non-professional individuals but from construction companies specialized in the building sector.
Those looking to buy property abroad consult consultancy firms. These firms provide information about the builder's past and current issues, legality, and more. Real estate companies also assist citizens by providing advice on selecting buildings suitable for their preferences, lifestyle parameters, infrastructure, transportation convenience, and the presence of traffic jams on roads near the chosen property. They inform buyers about the benefits of infrastructure in areas with various buildings.
During the property buying process, it's crucial not to rush and rely on the opinions and assistance of those around you and financial experts. Contacting a real estate company will significantly simplify your task and put your mind at ease.
Ensuring a proper and comfortable apartment selection is very important!"
40-50 years ago, residential buildings were being massively constructed in our city. These buildings...
In accordance with the instructions of the head of state, the Master Plan of Baku City has been prep...
"In Baku, compensation for demolished buildings is regulated by the Ministry of Finance based o...
Buying an apartment in Baku can be one of the most important decisions of your life. To make the rig...