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Six advantages of buying a second-hand home

Buying a house is one of the most important decisions in people´s lives. When it comes to choosing between a new house and a second-hand one, many buyers are undecided. However, buying a used house can offer several advantages that are often underestimated. In this article, we highlight the main benefits of buying a...
16 Jun 2024 min of reading

Six advantages of buying a second-hand home

Buying a house is one of the most important decisions in people´s lives. When it comes to choosing between a new house and a second-hand one, many buyers are undecided. However, buying a used house can offer several advantages that are often underestimated. 
In this article, we highlight the main benefits of buying a second-hand home and how this choice can be an excellent decision.

  1. More Affordable: one of the most obvious advantages of buying a second-hand home is the price. Today´s context of generalized price increases, which are very present in the cost of materials and labor, is being felt in the value of homes. Used properties tend to be cheaper than new ones, which can allow for more flexible negotiation. What´s more, you can get a larger property or one in a more desirable location for a similar price to a new house, but smaller and in a less valuable area;

  2. Privileged location: second-hand homes are generally located in areas where the infrastructure is already in place. This means that you´ll have easy access to schools, hospitals, shops and public services. Older neighborhoods also tend to be quieter and more wooded, providing a better quality of life. If, for example, you want to live in an urban center and want to have good access and be close to all services, then the best option may be to buy a used house, because generally in urban centers the supply of new housing is scarcer and prices are substantially higher;

  3. Unique architectural features: older properties often feature different architecture and construction details that are difficult to find in more contemporary homes. Features such as high ceilings, ornate moldings and hardwood floors lend a special charm and a sense of exclusivity;

  4. Shorter waiting times: buying a new house often involves additional bureaucracy and a considerable waiting time until construction is completed.  In the case of used houses, some may have the advantage of including furniture and appliances, allowing you to move into your new home more quickly;

  5. Flexible customization: although older properties can have a personality all of their own, they still offer the possibility of being customized and altered according to your preferences. From small updates to major renovations, the possibilities are endless;

  6. Investment opportunity: buying a used house can be an excellent investment opportunity. If the property is in a good location, it can increase significantly in value over time, providing a solid return on your investment.

Choosing a used house can be an excellent choice, offering a number of advantages ranging from the more affordable price to the privileged location and the potential for customization. 
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