You have finished your studies or got a steady job, have achieved a certain stability and want to fly out of the nest. You feel the desire to get your own space, without pressure from landlords. In short, you rush to buy a flat. Typically, this process takes a few months of searching. January, March, August, what is the best month to buy an apartment ? Keep reading, because at Housell we solve your doubt.
According to different studies, the best time to undertake this type of operation is autumn. After the end of the holidays, it's time to go back to work and day to day. In short, a process of personal renewal that can perfectly include changing neighborhoods or cities, reducing expenses or having a healthier diet. In the midst of all this metamorphosis, this process fits perfectly.
The statistics continue in this line. According to data from the Ministry of Development, the fourth quarter of 2018 registered 16,257 transactions of the 50,937 that were carried out throughout the year (31.91%). Everything indicates that the sale of housing is reactivated in this period, especially that of new housing.
January, an option to get 'bargains'
The beginning of the year can also be a more than interesting option to buy a home . In addition to being a fetish time (perhaps even more so than autumn) to take the grapes for new purposes, you can take the opportunity to find your home at a more affordable price than the rest of the year:
Sales: real estate agencies have discounts of 20, 30 and 50%, even more, to end stocks and be able to renew their offers. However, this market situation has a great response from consumers, so it can also be maintained during the month of January.
Less offer than usual: January is not a month for news on the market. The supply of apartments usually reaches its peak in the early spring and autumn. By the time the first month of the year arrives, these will already have been on sale for several months. If the owner wishes to dispose of them promptly, those interested will be able to obtain them at an advantageous price and conditions. Catch bargains with the New Year!
Tax advantages: with the arrival of the new year, the different Autonomous Communities usually implement different tax advantages. For example, in the Community of Madrid, as of January 1, 2019, the new Fiscal Measures Law entered into force. In this, an exempt minimum was established for donations between parents-children and spouses-siblings, of up to 250,000 euros. Of course, as long as that amount is destined to the purchase of a habitual residence. Find out about your autonomy and take advantage of the advantages!
Holy Week, a time for second residence
As we have indicated previously, spring is a time when transactions pick up again. Many sellers want to get everything ready before the holidays. If, for example, you live in the interior and want to buy a house on the beach, Easter is a good time.
This festive period is a great opportunity for families to look at apartments, move to their favorite destinations and enjoy that extra peace of mind that is impossible to achieve on weekdays. Something that benefits both parties: sellers take the pressure off, while buyers get to enjoy their holidays where they want.
Whatever the studies say, if you want to buy a house, the key is to start looking, and not miss the house of your dreams, whatever the time.
