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1) It is preferable to buy the smallest house in the nicest neighborhood than the largest house in a less reputable estate.
A well-located home may be sold in a matter of months, as compared to a poorly placed site, which could keep you waiting for years.
2) It is preferable to buy the smallest house in the nicest neighborhood than the largest house in a less reputable estate.
Yes, you can afford to buy a posh home in a prime location, but can you afford the high maintenance?
If you are considering the former, the property must have a Licence of First Occupation, be smaller, have adequate communications, and be within walking distance of all facilities and the coastline (on coastal resorts).
If you want the latter, the property should be larger, with excellent views and proximity to good schools and hospitals.
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