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  • Writer's pictureAlejandro Betancourt

THE TOP 3 WAYS AND REASONS TO BUY A PLOT OF LAND FOR RESIDENTIAL USE



So you're thinking about buying a home or property that offers the security, peace of mind and lifestyle you want for you and your family? In these times of pandemics and climate change, these sentiments are even more relevant.


The opportunity to live outside the city, but close enough to enjoy the benefits of urban living; The pleasure of living surrounded by nature, in a highly ecological area, with low population density, cool temperatures, access to water resources and the purity of the surrounding landscape; The advantages of being connected to all public services and the Internet; And last but not least, the security offered by the condominiums with private security and many other advantages inside the condominiums.


If so, please allow me to give you the TOP 3 BEST TIPS to take into account when making this very important decision, which will give you a better investment outlook to facilitate your next purchase.

INVEST IN SAFE GROUNDS.

Entrada Condominio Ecológico Altos de Potosí

The first thing you should consider when buying this type of land is the risk, and there are two possibilities.


  • Buying a duly titled plot of land, thus avoiding being a victim of fraud.

  • Buying a plot within a residential complex or rural condominium, which guarantees private surveillance of all common areas.

1. In the first case, the reasons for buying a duly titled property are more than obvious, but it should be noted that although some market prices may seem attractive as an investment opportunity, investing in a property that is not properly documented may not only be extremely costly from a financial point of view, but may also pose a legal risk to your person and assets for situations that you must avoid at all costs, such as money laundering and other similar situations. For your security, always ask to see not only the Certificado de Tradición y Libertad (certificate of tradition for the property), but also a copy of the title deeds of the land, which you can always verify with the appropriate control bodies, depending on the case to be evaluated.


2. In the second case, the purchase of a plot of land to build your own home must guarantee total peace of mind during the construction period and when you enjoy your new home. In short, to guarantee total security for you and your family.

Some of the features to consider in this regard include

  • Consider how the boundaries of the property and the condominium are defined and protected.

  • What access control both owners and visitors have through the security company that offers its services to the community.

  • What experience the security company has in providing protection to the community and other clients

  • How they manage internal and external patrols, as well as the type of CCTV, alarms, liaison with the police and local authorities, etc.

  • What added value do you get from security within the complex? For example, can you walk along an ecological path? What attractions does the complex offer for children and adults to enjoy in complete safety?

PURCHASE ON A STRATEGICALLY LOCATED SITE.

Vista privilegiada a la Sabana de Bogotá

From this point of view, it is essential that, before studying the options available on the market, you allow yourself to filter the area(s) in which you wish to live. Factors such as the distance to your job or to the city centre are basic criteria, without forgetting access to all kinds of commercial facilities (supermarkets, banks, gyms, entertainment, maintenance, etc.). On the other hand, if you or your partner want to be close to your relatives, consider how far you would have to travel to see them frequently.

Now that you have listed the personal factors, consider those that are part of the value-added benefits you want to consider for your lifestyle, for example, if you want an area with privileged views, or perhaps with ecological trails that allow you to enjoy nature to the full with activities such as camping, hiking, stargazing, meditation, outdoor sports, etc. ....

Finally, think about how your investment can give you a very good return in the future and consider what kind of developments are being built in the area. Both housing and community infrastructure projects, such as roads, aqueducts, electrical installations and hospitals, will add value to your assets.

INFRASTRUCTURE AND SERVICES.

Zona de BBQ Condominio Altos de Potosí

If you are going to build your own home, the first thing you need to consider is whether the plot you have chosen is already connected to all the public services and whether you will not have to wait for electricity, a basic sewerage system and water mains, or a signal to connect to the Internet.

These factors are no longer luxuries, especially if you want to live a certain distance from the city, but with all the facilities you need to carry out your daily activities without compromising your quality of life.

Ensuring that you can rely on the public services you already have in the city is the first factor to consider when building your ideal home.

Next, it is important to check that the property you are buying can be adapted to build the home you want to enjoy with your family. It would be a good idea to invite the architects with whom you are planning to build your home to visit the plot, or even better, if you can find an opportunity where the studies and plans have already been made to build a residence, because you will have an exceptional head start in the realisation of the dream home you want to live in.

Finally, consider the opportunities and added value that the geography of the land itself can offer you, whether it is flat, which makes it easier to build on, or whether it has the advantage of being slightly sloping so that you can build your home with unbeatable views of the surrounding countryside.

 

I hope that these tips will help you to develop the criteria that will allow you to make the best decision when buying your next home.

If you are interested in a great investment opportunity or home just 30 minutes north of the city of Bogota that has all the advantages described above, I invite you to visit this spectacular alternative by clicking on the following link: https://en.alejandrobroker.com/lote-altos-de-potosi-16


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