Is it a good time to buy a flat?

Is it a good time to buy a flat?

Inflation and its impact on housing

One of the most influential factors in the purchase of flats today is inflation. Although it has shown signs of stabilisation, it continues to condition purchasing power and access to financing. What does this mean? That money is worth less and interest rates are still at relatively high levels, which directly affects the conditions of any mortgage loan.

However, there is an important nuance: in times of high inflation, investing in real estate can be a way to protect capital. Unlike other assets, housing tends to maintain its value, and even increase it, in the medium and long term. This makes it an attractive option in an environment where the overall price level remains elevated.

What is happening with the price of flats?

The price of flats has moderated in some areas, while in others it continues to rise. Large cities are still expensive, but there are opportunities in well-connected locations and growing areas. New developments have gained prominence, offering efficient homes with better purchase conditions.

The key is to carefully observe the evolution of house prices by area and analyse whether it is a purchase to live in or an investment. Many buyers also compare the cost per square metre, a very useful variable to identify whether a home is above or below market value.

Rent is also becoming more expensive

Another point that pushes many to buy is the price of rents. In many cities, renting has become an increasingly unprofitable option. In some cases, a mortgage payment may be even lower than the monthly rent. This imbalance is leading many people to wonder if the time has come to stop renting and opt for property.

The data available on real estate portals shows a clear trend: the rental supply is shrinking, while demand continues to grow. This increases prices and reduces options, especially in urban areas.

Flats to invest in: a good opportunity?

If you are thinking about flats to invest in, the current scenario may be interesting. There are areas where rental demand is still very high, which guarantees profitability. In addition, home purchases continue to be seen as a safe haven against the volatility of other assets.

Investing in new construction is also a growing trend, as new flats offer better qualities, greater energy efficiency and less need for renovations.

So, is it a good time to buy?

The most honest answer is: it depends on your personal situation and your goals. If you have financial stability, have saved for a down payment and find a home that fits your needs, the current context may be favourable.

On the other hand, if you are expecting a general drop in the price of flats, you may have to wait longer than expected. Although we are not at all-time highs, collapses are not expected either. The real estate market is slowly adjusting, and those who know how to spot opportunities can come out on top.

Tips if you're thinking of buying now

  1. Analyze your economic capacity and the financing available.
  2. Find out about the real market value in the area you are interested in.
  3. Compare between new and second-hand construction.
  4. Take into account the additional expenses (notary, taxes, appraisal...).
  5. Consult with experts to make sure you make a good investment.

In short, buying a flat in 2025 can be a good decision if you know how and where to look. It is not just about finding a home, but about doing it at the time and with the conditions that best suit you.

 

 

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