These are areas that promote feelings of pleasure and rejection in equal parts. Some people dream of living in these types of enclaves due to their cultural and restoration offerings, while others consciously move away from these nuclei due to their bustle. If you are in the first group, you should consider some aspects before taking the step and buying a home in the center. We give you the keys:
1. High revaluation. Within the housing market, the downtown neighborhoods are the most consolidated. They are areas full of life, with fully established services, which will hardly fall into the abandonment of public institutions because they are essential for the image of the city and for tourism. They represent a very safe investment asset in times of crisis and, bought at the right time, could generate a very high profit both for sale and for rent.
2. Scarce product. The centers of the cities have limited their growth. Beyond a spot solar, which probably build luxury housing or a commercial endowment, the truth is that the type of housing that dominates the offer is second hand. This means that the sale price will be high, just like the IBI. The good news is that community expenses are lower because it is not usually urbanizations with swimming pools, green areas or sports facilities. 3. State of conservation. When commercial visits are made to these properties, special attention must be paid to the state of conservation of the farm in which the apartment in question has been located. As a general rule, we are talking about old buildings, with several decades behind them. We must worry about the rehabilitations undertaken, as well as the results of the technical inspections in order to rule out extraordinary risks and spills.
4. Comprehensive reform. Solved the issue of doors outside, it will be necessary to stop inside the house. At the price of the house you must add the cost of the conditioning works to acquire functionality. Changes in distribution and kitchen and bathroom renovations are common. Acoustic and thermal insulation are also common, since the age of the construction implies materials with a compromised durability.
5. Tourist rental. If the purchase is for investment, it is essential that you are up to date with the applicable legislation. The punctual rent of a downtown apartment generates very interesting returns, but the regulations can play a trick on you, since the properties destined to this type of lease must meet certain requirements: from being registered in a register to limiting the rental days per year , going through having an independent exit to the street.