Age isn't important. It depends on your life situation.

What do I need to consider when buying an existing property?
Location, location, location
The location of a property is crucial. Carefully examine the neighborhood, infrastructure, and accessibility to important facilities such as schools, shopping centers, and public transportation. A good location can increase the value of your property and may also make it easier to rent or resell in the future.
Condition of the property
check the condition of the existing property thoroughly. Request a professional inspection to identify any structural problems, water damage, pest infestation, or other defects. Also inspect the roof, electrical system, plumbing, and heating system. This information will help you estimate potential repair or renovation costs.
Finances and budget
Before purchasing an existing property, you should thoroughly review your finances and set a realistic budget. Consider not only the purchase price, but also additional costs such as notary fees, real estate agent commissions, land registry entries, and any renovation or refurbishment costs. Also remember that when buying a rented property, additional aspects such as rental agreements, rental income, and ongoing expenses must be taken into account.
Legal aspects
It is advisable to consult a lawyer who is familiar with the purchase of existing properties. A specialist can help you review the purchase agreement, check proof of ownership, and ensure that all legal aspects are handled properly. Also note any restrictions or regulations regarding the use of the property, e.g., historic preservation or zoning plans.
Future plans and potential
Think about your long-term plans for the property. Do you want to live there yourself or are you planning to rent it out? Investigate the property's potential to increase in value over time. Good infrastructure, planned developments in the area, or other factors can influence the chances of an increase in value.
Conclusion: weigh up the opportunities and risks
Buying an existing property requires extensive research and thorough examination. Take your time to consider all relevant aspects and seek professional help if necessary. Remember that an existing property offers both opportunities and risks, and make sure you base your decision on solid grounds. If you consider all the important factors, buying an existing property can be a worthwhile investment that offers long-term benefits.
If you are looking for the perfect existing property, we are happy to assist you
As experienced real estate agents, we have the expertise and resources to help you every step of the way. We offer a wide selection of existing properties in prime locations that meet your requirements.
Contact us today to schedule a personal consultation. We will listen carefully to your needs and work with you to find the property that suits your requirements and budget. Our expertise in location assessments, market analysis, and contract negotiations will help you make an informed decision.