New cities whether in the west or east of Cairo are transforming to become the basis for the future. The construction of these cities has become an imperative necessary over time. Moving your own living there or investing in buying a plot of land in new cities are worth studying and knowing its implications.
If you want to buy a plot of land in one of the new cities, whether to build your own house or for investment purpose, here are 8 tips that protect you from being deceived when buying a land!
Choose the location of your plot of land
Any land geographical location is the most important feature. Being near or far from neighboring cities is very important. In addition to the availability of services in the city in the future, and its urban plan for the coming years.
If you want to buy a plot of land for the purpose of investing, the success of your investment depends on the choice of the location. So you should not listen to that bombastic slogan that some people say once the lands are put for sale, and you have to verify the city plans and their authenticity by yourself.
Check the land prices in the Neighborhood
Prices vary naturally between a city and another and a region and another region. Knowing the prices of lands, either for buying and selling in the region is necessary so that no one will overbid you at exaggerated prices.
Check the legal status of the plot of land
Usually, the first thing any buyer is looking for before purchasing a plot of land is to make sure of the legal status. Unfortunately, sometimes when trusting some people, you ignore and forget to check some important things.
While you should take care of all the details regarding the legal land registration papers even if you are buying from a friend!
First, ask to verify the original owner’s papers of the land plot, through checking his registered papers at the State Land Registry Authority.
If you purchase that plot from the landlord’s agent, so make sure that the specified power of attorney to sell the plot is correct.
In addition to reviewing the actual land specifications on the property documents in detail, in terms of location, area, dimensions, and region، make sure that the plot has a building permit.
Also, avoid purchasing any plot of land that has family disputes or disputes between the owners or the heirs, so that you do not find yourself in trouble that you do not need.
Know the building system in the area
If you are looking to purchase a plot of land for building and housing, you should ask about the building system in the region first. As each region adheres to a set of building specifications according to the city authority affiliated to it, such as the number of floors, heights, street widths, as well as the ratio of the construction in relation to the total land area of the plot.
For example, if you buy a 300 square meter plot, you are allowed to build on 80% of the land, according to the law of each region.
The size of the streets is also determined according to each region, and the width of the street is between 15-20 meters.
Building System in New Cities
Knowing this information will help you verify the purchase of suitable land for the building you envision, and at the same time fit the application of the region laws without being surprised by any problem.
Receive Your Plot of Land from a Competent Surveyor
There are some troubles arouse when receiving the land, especially in new cities and vast unconstructed land areas, including but not limited to; exceeding land boundaries, overlapping with adjacent land in case the land measurements were inaccurate; therefore you should hire a surveyor to guarantee the exact measurements of your plot, avoid any legal problems, and also ensuring the rights of your land.
Learn about the available services in the region
Service facilities are the primary key for each region and an indicator of urbanization in an accelerated manner. The services are considered the most important features of any residential area after the geographical location. As price differences and being expensive are due to the services available in the region and their quality and diversity as well. Such as water purification plants, power stations, telephone networks, and sewage networks, as well as schools, health facilities, and government facilities such as gardens, clubs, etc.
Therefore, before purchasing a plot of land, you must ask about the region or the city services’ plan including; schools, hospitals, shopping areas, paved roads and all the details that affect your daily way of living.
The availability of services in the city is considered a strong factor in attracting people, on the other hand when start searching for investment, the buyer will have another consideration because adjoining the services with residential areas have a negative impact, especially if the services cause lack of calmness and cleanliness such as schools and commercial complexes, sewage networks or petrol stations. If all these services are adjacent to the plot of land, it will be undervalued to be residential but higher to be commercial at the same time.
Hire a property consultant
We all make mistakes when buying due to our lack of experience, so it is better to accompany a property expert to help you choose the best land in terms of soil nature and other actors.
For example, a property consultant advises you to stay away from rocky or low-level soil. This soil needs additional cost to be prepared before the start of construction. It also affects the building safety. So, he has other experiences of the land that you need to know before buying any plot of land.