Is it possible to pay a property of 50,000 euros for residential use and perhaps in the center of a city? Now let’s find out the health of the real estate market. Then what are the opportunities to be seized in order to obtain a valuable property, at prices that were unattainable until recently.
The decrease in property prices
The real estate market in recent years, by virtue of the economic crisis that has mainly hit Europe and a less benevolent taxation system than in the past, has seen significant contractions.Due to the great uncertainty, many buyers have preferred to postpone the classic investment in the brick, preferring alternative forms such as renting or perhaps sharing a property with one’s parents whenever possible. This evident decline in demand had the main consequence of imposing a loss in the value of houses: the amounts per square meter fell almost everywhere. In short, the crisis in the sector favors those who today want to buy a house. But is it possible to pay 50,000 euros for a property? Until recently, those who asked this question could have been accused of madness, but today the situation is very different.
How to buy a property by paying 50,000 euros
The real estate market today provides many opportunities to make a great deal for those who have the resources to invest. Mortgages for the purchase of a home have very minimal rates, but there are still difficulties in accessing credit due to the guarantees required. An excellent tool to be able to buy a residential property at the incredible price of 50,000 euros is represented by Mercatone Uno real estate auctions. By taking advantage of this particular type of sale procedure, it is possible to grab prestigious residential properties at incredibly low prices. These are safe sales, carried out in full compliance with current regulations and which above all protect the buyer thanks to their transparency. The only aspect to take into consideration to make a good deal is to have great patience and wait for the right moment to make theinvestment.
How Mercatone Uno real estate auctions work
Mercanto Uno real estate auctions are very safe, as it is possible to view the official documents on the site in the Virtual Data Room section. Before taking a look at the documents, as required by law, it will be necessary to sign the Confidentiality Agreement as you will be in possession of cadastral data and various appraisals. The operation of the single rod is very simple and effective. The complete regulation is present in every announcement of the auction sale of a property and it is also possible to contact the appropriate assistance service to clarify any doubt.
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