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7 Questions to Ask Your Real Estate Agent Before Buying a Home in Marbella

Buying a home is a significant decision and life-changing event for many, especially with buying a home in one of the world’s most desirable locations - Marbella. To ensure a successful and fulfilling purchase transaction, it is crucial to engage in open and effective communication with your trusted real estate agent. By asking the right questions, you can gather important information and make a well-informed decision. In this article, we will outline some key questions to ask your real estate agent before purchasing a home in Marbella.

What is the current state of the Marbella real estate market?

It is paramount that you understand the local real estate market conditions for making an informed decision on what property to purchase. Therefore, having a conversation with your agent surrounding the Marbella real estate market, comparing property prices and researching market demand will enable you to paint a better picture of what is available and what is within your budget. Also, your real estate agent will inform you on topics such as which neighbourhoods are experiencing increased demand or if there have been any changes in regulations and policies to be expected before making your purchase decision. 

Are there any upcoming development projects in the area?

If you already know what area you would like to purchase a property, it is important that you are informed on any upcoming developments that will arise in the vicinity. Be sure to inquire about planned infrastructure developments such as roads, amenities or recreational facilities. Understanding this will help you assess the potential impact of accessibility and overall property value. Inquiring about property developments is also essential to understand the potential changes to the area, as well as its effects on your quality of life during construction. With this information, you will assess the situation and deduce whether it aligns with your lifestyle preferences. 

What are the property’s maintenance costs and fees?

Owning a property is a big financial decision, so understanding the costs and ongoing expenses that need to be covered aside from the purchase price is essential. To ensure long-term financial planning, you must be made aware of costs such as routine maintenance, which includes landscaping, pool maintenance and general upkeep. Community fees are also costs that should be factored in, these costs contribute to the maintenance and management of your community, as well as rubbish collection. Utility costs are also important to be made aware of, so inquire about average monthly or annual expenses for water and electricity. Insurance and property taxes should also be discussed to get a full picture of further costs that need to be covered. 

What is the property’s history and are there any known issues?

By asking your agent of the property’s history and if there are any issues with the property, it will shed some light onto whether the property you are interested in is the right one for you. Ask if the property had previous owners and its usage history, such as if it was a primary residence or used for rental purposes. Inquire if the property has gone through any renovations or if any repairs have been conducted. Informing yourself on the overall structural integrity is also important, as you can find out about any known issues with the foundation, walls or other structural components. If of great importance to you, ask if the home has a history of pest or termite infestations, and see if any preventative measures have been put in place.

What amenities and services are in the area?

If you like an area but are not familiar with it, be sure to ask your agent what amenities and services can be found near your property. Knowing about the property’s proximity to essential amenities such as supermarkets, pharmacies, hospitals and banks can affect your decision when thinking of the purchase. Informing yourself about transportation options and connectivity to Marbella and its surroundings is crucial, given that Marbella can suffer from large traffic jams, especially during the summer. And, if you do not have a vehicle, knowing about public transport connections will be beneficial. If you enjoy the life of leisure, informing yourself on nearby shops, restaurants and cafes will give you an idea of the area's vibrancy. 

Can you provide information on local schools and educational options?

To gather information about local schools and educational options, consult your real estate agent on the public or private school options in the area. Marbella is known for its international community and offers some of the best international schools in Spain, so you can ask your agent about the language of instruction, international qualifications and curriculum options. You can also inform yourself on extracurricular activities and support services provided by the schools that can meet your child’s interest and needs. If interested, ask about performing the schools you are interested in, as well as overall quality and reputation. Last, discuss the transportation options available for students attending the schools in the area, such as public transportation routes or school bus routes that facilitate commuting to and from school. 

What are the local regulations and permits required for property ownership?

Understanding the local regulations and permits required for property ownership in Marbella is essential. Talk to your agent about building permits, environmental regulations, permits for property usage - such as short-term rentals - and legal help. Be sure to also inquire about any restrictions, limitations or conditions imposed by local authorities or homeowner associations. By fully comprehending the requirements and knowing when to seek legal guidance will ensure a smooth and compliant purchase process, helping you avoid any legal or regulatory complications. 

Choose Solvilla to help with your purchase journey.

Our team of agents is dedicated to providing exceptional support throughout your entire purchase journey. With expertise in over 12 languages, our agents offer unparalleled service and attention to detail, ensuring a smooth and stress-free buying experience. We also have a blog available highlighting our tips for buying a luxury villa in Marbella.

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