Whether you are buying to rent, or investing in a new home yourself, flats are excellent and affordable investments.<br/><br/>Where you would struggle to discover a three bedroom house in a great neighbourhood for anything under R1,2 million, you might easily find very nice flats on the market for only over R700 000. This can almost half your monthly payment.<br/><br/>Very property for sale sidcup first time buyers would therefore discover that flats on the market are much cheaper than a residence, and because it's smaller and more compact, maintenance will also be cheaper.<br/><br/>In lots of instances you will find it simpler to rent out a flat than a house. This is partly because flats are usually smaller and therefore easier to steadfastly keep up than the usual house. It would also be slightly cheaper than renting a home with a massive garden.<br/><br/>While hunting for flats for sale, remember to watch out for a few things. Most of all you've to find out what the levies have been in the specific complex that you're buying. Levies are not necessarily a negative thing. Amongst others, it pays for the general maintenance and improvement of the complex. A nice, safe and tidy complex is really a pleasure to call home in, and will also increase the value of one's property should you want to sell later on. It will also make the property far more appealing to potential tenants. However, levies can occasionally be ridiculously high without offering much in return.<br/><br/>Other things to be aware of include the following: <br/><br/>May be the complex located in a great neighbourhood?<br/>How safe could be the complex and the precise flat that you are considering?<br/>Who're your neighbours? That you don't want to call home right next door to a 24-hour student party!<br/>How old is the complex? Older buildings usually need more maintenance.<br/>Undoubtedly, high-end investors will always find the city lucrative, it is obviously the average middle-income group, which drives the Mumbai property market in the actual sense of the term. The present buzzing places to invest in Mumbai include Navi Mumbai, and suburbs, like Worli, Bandra, and Parel. Navi Mumbai area is specially getting rave reviews from the real estate investors due to multiple developmental projects, both residential and commercial, coming up at a rapid pace. Situated just over the harbor, the area is attracting a lot of investments from MNCs and global IT companies.<br/><br/>Some people may complain concerning the swelling property prices in Mumbai. However, there's good quality news for these Doubting Thomases. In the recent years, real-estate market in Mumbai has stabilized shows tremendous maturity.<br/><br/>So, if you should be decided upon a budget, it's time for you to scout for flats on the market in Mumbai. Be confident, almost any property investment in Mumbai is worth every Rupee spent. All you need is proper homework before buying flats in Mumbai. And if you should be a possible seller, ensure that you obtain adequate returns on your investment. For this function, it's always better to help keep abreast with the prevailing market prices of your property.