Top Ten Tips to Buy A Property in Ethiopia

Buying a property in Ethiopia has always been a hectic job because everyone is not a master to understand all pros and cons of the industry. Many online classified sites help people find a property, but no one in the Market helps you get on that best suits your demands.  If you are in searching for a property in Ethiopia, your worries are over because Team Addissouq.com is here to help you find a dream home. Simply follow these proven industry tips to save money and time. If you are planning to buy a property, these tips can help you find your dream house.

1. Success Starts with Research

   Research is the main pillar behind any successful decision. The same is the case with property purchase. Most the people dive into the property market and take decisions on what’s displayed on the screen. That’s where the trouble starts. Never make an instant decision without deep research, because that’s when making bad purchases. If you are interested in a property, search about its surroundings, look out for crime rate in that area, and keep a close eye on how many properties are sold in that area recently. When you are done with basic research, decide on the best-suited option.

2. Money in the Bank

   Always sort out your financial issues before sending any offers to sellers. You need to ensure that the prices are affordable and according to your bank statement. You need to consider every cost before buying the Property in Ethiopia, like stamp duty, Estate Agent fee, and Attorney conveyance.

3. Mid-Range survey or Higher-Level Inspection?

   This may seem a bit out weird and costly initially, but when you have long term plans, surveys can save you thousands of bucks. You must get a structural survey done before buying any property. For new homes, a mid-range or basic survey is sufficient, but for older properties, you need to consider a higher-level inspection. Structural surveys are advised by most of the Mortgage lenders as they would never want you to invest in a property that’s going to fell-apart in the near future.

4. What’s coming with the Property?

   Never make an offer unless you are sure about what’s coming with a property. Many buyers buy a house when it is presented in a beautiful manner, with fitted kitchens and bathrooms. Later on, they are shocked to see the empty kitchens and baths because previous owners took the fittings with them.

5. Be risky and make a cheeky offer

   Most of the sellers normally add a decent amount in the actual value of a property because they never expect buyers to buy at asking price. The point is that you should never offer the asking price, even if you really love a property. Some risks always payoff, just make a cheeky offer and get a pleasant surprise.

6. Buying a property or playing Poker

   Never show your emotions to a seller or estate agent, because both of them have one thing in common they want you to spend as much as possible. Remember that a lot of online ads site work for the seller, not a buyer. But some top-quality sites like Addissoq.com don’t only keep you informed, but also helps you make a correct decision. Buying a dream house is just like playing a game of Poker, play the game but with an expressionless face.

7. Neighbors are important

   Keep a close eye on your surrounding areas. Everyone loves a peaceful area and caring neighbors, and sellers know that. Sellers may ask you to visit the Property in a quiet and peaceful time. The duty to check your surroundings for any abnormality is yours. Top-quality sites like Addissouq.com provide you with complete details about the property you are going to buy. Most of the online buyers in Ethiopia trust Addissouq.com because of the authentic information and neutral reviews about the Property. Visiting these sites can give you confidence about the actual value and clear picture of the vicinity.

8. Be careful about the roof fix in Ethiopia

   Due to the weather conditions in Ethiopia, the roofs often get damaged. Before buying a house, you should never neglect the roof. This is the point where a lot of people spend a lot of money. Take care of your head and roof also.

9. Locations are important

   Finding a cool house might be a dream come true but, what if it doesn’t contain all the dream solutions you may need for your family. Before buying a house online, you must carefully view that the location of your property is best suited for you. Does it contain local groceries? Are there good medical facilities? Schools are up to the required standards or not? You don’t need to focus on Property, but also keep in view the bigger projection about that area. Ensure that it is well-equipped for your requirements. Top-quality classified sites like Mjibs and Addissouq.com keep informing their buyers about the best properties they have on offer. It does not only help you make a better decision but also allows you to choose between many of the offers according to your personnel requirements.

10. Patience is the key to buy Property in Ethiopia

    If you are looking to buy to property in Addis Ababa or anywhere in Ethiopia, you must stay away from a hurry factor. Buying a property is a big deal, and it affects your life a great deal. Our team of experts at Addissouq.com suggests you be patient while buying a house. Buying Property online is an art and if you want to be an expert, frequently visit our site to get an inside of top-quality properties available in Ethiopia. There are hundreds of properties available for sale at affordable prices. If you follow these amazing tips to get your dream home, the results may be overwhelming. Remember, we are here to support your cause to get a dream home in Ethiopia, and our happy customers are a big proof of our success in the online Ethiopian Market.