When buying an Italian property, the key thing to finding the best deal is simply to understand how you can exploit the current condition of the market. The following are some of the suggestions on how you can go about doing it:
Step 1: Read the Local Ads
In case your Italian isn’t that good, it’s worth checking out local ads in the estate agent windows as well as newspapers in order to work out what is on offer. It’s not that hard to work out the content of the ads when you have armed yourself with a number of key words. It only takes quite a bit of time and also effort though it’s well worth the investment.
The objective of this particular research is to enable you get a feel simply for the Italian market which still enables you to gauge accurately the market value of the property which isn’t always easy when you come from the overseas.
Step 2: Try your luck with the lower offers
In case there are a number of properties that you are looking at, you may try to put in an offer of about thirty percent less than the asking price. This particular strategy has got its drawbacks still and therefore you must not use it with stuff that you have decided is the one since more frequently than not, you actually get an outright “no”as an answer. Nevertheless, you lose nothing and you even never know when you may get lucky.
When you are putting in a greatly reduced offer for a given property, ensure that you do it a way that you don’t insult the seller. For instance, say that you adore the property but the budget is fixed that you can only pay a certain amount of money for the property.
Step 3: Don’t appear too keen
You shouldn’t appear too keen about the property in front of the sellers or else you find yourself getting the price down much difficult indeed. In the same way, you will move further with the negotiations in case you are not so much direct and you attempt to foster a good relationship with the estate agent or the seller. Always take your time before you make any offer.
Step 4: Look for the direct sales
This is another way to try and also find a bargain by approaching the vendor directly whereby you avoid costly estate agents altogether. Use the word of mouth in finding your property and also check the local newspaper ads.
Step 5: Make your offer conditional
After you get yourself close on the property’s price, make your offer to be conditional on many points as you can. Many sellers are usually more likely to spend a weekend or more fulfilling a list of the demands like painting, carrying out minor repairs and gardening.
Step 6: Negotiate the commission of the agent
In case you go through an agent estate for the purchase of your property, ensure that you establish early on the amount of their commission. Many estate agents usually say no, but by tying it, you lose nothing.
The above steps direct and guide you when buying an Italian property. Follow them and definitely you will spend less cash on the property.
La Casa Liguria provides state of the art buyer solutions and promotion of properties for sale in Liguria. The company also offers property development and performs classical intermediation of properties with emphasis on romantic olive mills, restored townhouses in medieval villages and country houses with mountain or sea views.