Start with your plan. Then evaluate the property.
Set out your purpose, available capital and timeframe before comparing opportunities.
Purpose
Personal use, rental income and a longer holding period call for different evaluation criteria.
Total cost
Consider price, transaction costs, financing, ongoing charges and maintenance. Separate confirmed figures from estimates.
Execution and risk
Check the data source, availability, payment milestones and handover assumptions. Consider what happens if circumstances change.
Ownership and documents
Verify the applicable official process and relevant documents before transferring funds.