Why is it better to buy an apartment outside the active season?
Why is it better to buy a flat outside the active season?
Investing in a condo by the sea is a great way to combine financial stability with a healthy and comfortable lifestyle. However, choosing the right time to buy a property can be a key factor that affects not only the price but also the quality of the offer. Outside of the active summer season, a number of opportunities open up that make this the ideal time to buy.
✅ More apartments available
During the off-season, i.e. autumn, winter and early spring, most holiday apartments are empty. Sellers who are considering selling have apartments available and available for viewings, which simplifies the decision-making process. In the summer, on the other hand, apartments are often occupied by tenants or the owners themselves, which can complicate access to the property.
✅ Stable and better prices
Out of season, apartment prices are more stable and often lower. When the summer season approaches, many sellers reassess their intention to sell and decide to keep the apartment for their own use or rent it out to tourists. This change of plan often leads to two situations:
- Suspension of the sale: the apartment that was originally for sale becomes the summer residence of the owner or his family.
- Increase in price: sellers add on the expenses associated with the planned summer vacation, which could have been covered by the rental, and increase the purchase price to compensate for this "loss".
Buyers looking for a home during the off-season can easily avoid these situations and have a chance to get a better deal on the property.