Important things you have to consider before buying a vacation house or apartment

Buying a property always is going to be a good business, even if you are buying a house to live or if you are acquiring a vacation house. If your look forward to the second option, they are many things you have to consider before to take the big decision and we highly recommend you don´t do it blindly.
We select some advices to help you to make the best desicion in your purchase. Here they are:

1. What do you enjoy doing in your vacation time?
Everybody have difference preferences about enjoying free time. Maybe you are a snow lover and like the mountains of Utah to skiing at the winter, or you prefer the tranquillity of the green and luxuriant views from North Caroline or the big party at South Beach or the powerful sun of the greats beaches from Florida.

2. Stay time in the place where you want to buy before
Buying a property is almost to get married with that place so we advise about spend some time before to acquire the vacation house of your dreams.
The weather could be something about worry about or the distance from the services, like restaurants, cinemas or if you prefer a quiet place maybe you need to worry about distance from food stores or gas stations.

3. You can rent it
If you pretend to spend two weeks a year or maybe just visit your vacations home two times a year, renting your property seasonal is a wonderful idea. You can pay your expenses or even the mortgage with that money, and even generate a return of your investment, this properties that can be rented daily in Miami can be very profitable. However not all apartment or homes can be rented daily.

4. What are going to be your obligations being a landlord or landlady?
You have to consider all the fees and taxes expenses, even the maintenance of your property. You have to pay your bills even if you are not living there all the time. The other point is always have your property with a good insurance.
In case you rent you vacation house you have to consider leaving a landlord representative, for example I usually locate the renters, receive payments on the landlord behalf, conduct check ins and check out, inspect the property after the tenant vacates the place, and call for maintenance if necessary, because you may not have the time to travel anytime your tenants need it. The Real Estate Agencies usually provide this service.

5. Find a good and trusted Real Estate Agent to make easier your experience
The process of buying a house is very complex, so we advise you to find a good and local professional of the Real Estate market who knows the area and the best deals you can get.

Good luck in your experience buying your second house for vacations. If you need help in the Miami area you can contact to:

María Natalia Ortiz Ladenheim
Lic. Real Estate Broker
M: +1 786 263 2609
F: +1 305 792 5808
Email: [email protected]
[email protected] | www.CostaMiamiHomes.com | www.AventuraEnMiami.com
Skype: Natylade | Available on Whatsapp
Julie's Realty | 1700 Kennedy Causeway
North Bay Village FL

By Ingrid Pezoa