Before you seal the deal, here are some essential tips you should consider before you buy a new property in Malta and Gozo.

Brush up on property terminology.

Even if this is not your first time buying a house in Malta, you are bound to come across new jargon and key terms used only when buying property. Make sure you’re familiar with the terms before attempting to look at houses or signing any paperwork.

Plan ahead with your budget.

Determining your budget beforehand is an indicator of what kind of housing you will be looking at. It’s important to specify your budget at an early start so as not to waste time looking at houses that are out of your league.

Sell your old home.

Another useful tip is to sell your old home, or have a prospective buyer, before attempting to buy a new one. You will also have a clearer picture of where you stand regarding finances.

Take the neighbourhood into consideration.

Locality might not always be an issue with certain buyers but it is always best to look at your prospective neighbourhood before settling in on buying the house. It’s also a wise idea to check the locality at different times of the day.

Hire a professional.

This is a tough business. Hiring a professional real estate agent to guide you through your choices is always a good investment. With his/her knowledge and expertise, stressful home buying can become easier and more manageable. Make sure you hire someone that you can trust.

Get organised.

Sort through all the necessary documents before finalising the house deal. Make sure that you get pre-approved by your local bank before making an offer on your dream home.