Buying a flat in Dhaka can be a challenging and daunting experience, especially while Dhaka’s population is growing at such a fast rate. The competition to find a good-quality flat in Dhaka can be fierce, and the prices can get very expensive since Dhaka is one the most popular place to cities to live in the Asian sub-continent. Fortunately, BestBari has published article to help navigate throughout the complexity and find a ideal flat for sale in Dhaka.
Determine the budget
The first step in buying a Dhaka flat is to know the budget. Is anyone going to purchase a Dhaka apartment in cash or finance the purchase using a home loan? If someone is looking to finance their property purchase with a home loan, then they should speak with a private bank as soon as possible and get an idea of borrowing capacity according to their income and savings. After understanding the budget, move to the next stage, which is knowing about the flat in Dhaka.
Another important step is also finding access to the good home loans and interest rates available in the market. We have done the hard work and research to find the very best interest rates, discounts, processing times across different banks and financial institutions to help finance an ideal flat sale in Dhaka. BestBari has exclusive partnerships with banks and financial institutions and we can offer competitive home loans to make a dream home into a reality. Please contact our friendly home loan specialists and feel free to use our free home loan calculator tool.
Know the requirements
What is important when buying a flat in Dhaka? Start with location, what are the ideal suburbs anyone want to live in? Also consider how many bedrooms and bathrooms they need, car parking requirements and what amenities they want like gym, swimming pool and lifts. Once knowing specific requirements, write them down and categorize their importance as essential or non-essential items. Then ready to start the research to find an ideal flat purchase in Dhaka.
Research and compare
Now the next step is to know the budget, the location and specific requirements to buy a flat in Dhaka, start researching and comparing different Dhaka flat sales that are advertised. Contact us and we will use our exclusive network of independent real-estate agents to help to find the ideal flat at a competitive price.
BestBari will then simply connect with the best real-estate agents in Dhaka free of charge. We suggest setting up an appointment with our trusted real-estate agents well in advance of a property inspection and ask as many questions as possible about the flat anyone is interested in.
Inspect and choose
When someone makes a shortlist of the preferred flats for sale in Dhaka, make sure to thoroughly inspect the flat and surrounding neighbourhood to confirm if it matches all of the specific requirements. Use the list to write down on step 2 to check if the property meets the essential and non-essential requirements.
At a minimum, the apartment should at least meet all the essential requirements (unless someone chooses to refine their criteria). Also consider the economics of the property. What has been the historic price appreciation in the area, are there popular shops and restaurants nearby and what is the rent per month in case anyone wishes to rent out the property later.
Negotiate and buy
Now do hard work — to have a determined budget, specific apartment requirements, do the market research, visit several home inspections and then finally be ready to negotiate and buy the ideal apartment, which will bring happiness when living in the apartment.
When it comes to purchasing property in Dhaka everything is negotiable and if anyone don’t ask they don’t get. Consider engaging a property consultant from BestBari by contacting us to help to get the best Dhaka flat prices with our trusted network of real-estate agents.
We hope this article is useful to help with buying a flat in Dhaka. On behalf of BestBari we wish the best of luck. If anyone enjoyed this article please visit our News and Articles page, including our article Why Invest Real Estate in Bangladesh. We wish the very best and hope to find perfect flat for sale in Dhaka!