Curaçao, one of the Caribbean islands with azure waters, white beaches, and stunning sunsets. It's not only the dream destination for your vacation but also a place that many people want to call home. If this applies to you, it's incredibly important to be well-informed and prepared to take on this challenge. Below, you'll find eight tips and advice to assist you in buying a house in Curaçao.
What does buying a house in Curaçao cost?
It's important to set a realistic budget for purchasing a house. There are many aspects to consider, such as insurance, notary fees, real estate agent costs, etc. List all these points and see if the purchase is reasonable when looking at the bottom line.
An experienced and reliable real estate agent
Once financing is in place, you can start looking for an experienced and reliable real estate agent. They know all the ins and outs of buying a property in Curaçao and are the ideal individuals to support you in this endeavor. Consider an experienced and reliable real estate agent as a guide during the buying process.
Exploring the local housing market
Before deciding to buy in Curaçao, it's crucial to thoroughly study the local housing market. Research and explore different neighborhoods, historic districts, and take a tour along the coast. Consider which location aligns best with your wishes and needs.
Property rights and laws in Curaçao
Immerse yourself in the local laws and regulations in Curaçao. Consider engaging a specialized real estate lawyer. They can guide you through the legal process of buying a house and ensure that everything runs smoothly.
Negotiating and making the decision
Negotiation is a vital element of the purchasing process. There are various negotiation techniques you can delve into to ensure you secure the best deal no matter what. A real estate agent plays an essential role in this process. They can engage in discussions with the selling party, so you don't have to handle it yourself. After all, negotiation is their profession.
House inspection in Curaçao
Once you've completed the purchase, you wouldn't want to discover various defects in and around the house during renovations. To prevent this, it's advisable to have a thorough inspection performed by a specialized company. If there's anything wrong with the house, you can always address it with the seller.
Investing in real estate in Curaçao
If buying a house in Curaçao is still on your bucket list and you're envisioning the future, investing in real estate in Curaçao is always a good idea. Make your dreams come true and see what the future holds for you.
Obtaining financing as a so-called 'non-resident' of Curaçao is usually not a straightforward task. Therefore, it is crucial to have sufficient personal funds available when seeking a mortgage loan, particularly if this needs to be done through a local financial institution.
Buying a house in Curaçao is a grand adventure that you should embrace with the right knowledge and skills. With these tips and advice, you're already a bit more prepared for what lies ahead during your quest for your dream home in Curaçao.