Subscribe to our Newsletter

The importance of location when buying a property: Key factors to consider

Discover the key factors to consider when evaluating the purchase of a property of any type.

By Ancana, June 26, 2023

Discover the key factors to consider when evaluating the purchase of a property of any type.

When buying a property, one of the most important factors to consider is the location. Choosing the right location can have a significant impact on your quality of life, resale value, and investment potential. In this blog post, we’ll explore the key factors to consider when evaluating a property’s location.

Access to services and amenities:

A convenient location with close access to services is crucial. Investigate the proximity of supermarkets, hospitals, schools, parks and shopping centers. Having these services within a short distance can improve your quality of life and make everyday life easier.

Shopping cart in a super market

Transport and connectivity:

Evaluate the availability of public transport options and the main access roads. A good transport connection can save you time and money on daily commutes. Also, consider the proximity to airports, train stations or bus stops, which will facilitate travel.

You may also like: Get to know everything about the holiday seasons before investing in tourist properties

Neighborhood quality and safety:

Research the neighborhood’s record in terms of safety and quality of life. Look up crime statistics, check with local residents, and review area safety reports. A safe and pleasant location not only gives you peace of mind, but it can also maintain or increase the value of your property in the long term.

Modern futuristic houses in suburban neighborhood with nature in The Netherlands

Growth and development potential:

Consider the potential for future growth and development of the location. Find out if there are infrastructure investment plans, urban projects or improvements planned in the area. A growing place can increase the value of your property and offer long-term investment opportunities.

A growing city needs good quality buildings.

You may also like: Investing in real estate: tips to find profitable properties

Geographic characteristics and environment:

Evaluate the geographic and environmental characteristics of the area. For example, a property with panoramic views, near bodies of water, or with access to green areas may be more attractive and maintain its value over time. Take into account factors such as topography, weather, and exposure to noise or pollution.

Woman enjoy great view on mountains while sitting near fireplace at modern living room at sunset . Concept of rest in houses or cabins on nature. Solitude in nature and escape from everyday life

Upside potential:

Investigate the price trend in the area in recent years and consider its potential for future appreciation. An area undergoing growth or revitalization may offer a greater opportunity for a solid return on investment. Consult local real estate agents or research market reports to get the most accurate insight.

Negotiating home purchase prices, employment contracts, real estate agents, contract documents, home loan insurance and approving purchases for customers with house designs and keys on the table

Lifestyle and personal preferences:

Don’t forget to consider your own preferences and lifestyle when evaluating the location. Do you prefer a quiet, residential neighborhood or a more lively, urban one? Do you want to be close to cultural attractions or nature? Reflect on your personal needs and priorities to find a location that suits your lifestyle.

Young happy man relaxing lying in hammock on top of mountain.

The location of a property is a key factor that can affect your living experience, your investment and your general well-being. By considering the factors mentioned above and reflecting on your needs and preferences, you will be better equipped to make an informed decision when purchasing a property. At Ancana, our goal is to offer you the best options in the real estate market for luxury fractionalized vacation properties in Mexico.

Mazul, Puerto Escondido, Oaxaca. Luxury property available for 1/4 fraction in Ancana.

Our marketplace brings together the most exclusive properties with the best location in the most coveted tourist destinations in Mexico. Discover our houses from the coast in paradisiacal places like Los Cabos, Puerto Vallarta, Puerto Escondido and Tulum, where you can enjoy spectacular beaches and a relaxed life facing the sea. We also offer properties in the forest and in charming Magical Towns such as Valle de Bravo and San Miguel de Allende, where you can immerse yourself in the natural and cultural beauty of Mexico. Explore our wide selection and find the perfect place that meets your expectations for location, lifestyle and comfort.

Discover excellence in fractionalized vacation ownership with Ancana!

Owning a vacation home has never been this easy.

More stories

Ancana Living © 2023

Ancana Living © 2023