Tips for Buying a Land Plot Safely

Tips for Buying a Land Plot Safely

Land is an immovable asset that has high value and continues to increase in value every year, making land highly sought after as a form of long-term investment. Purchasing a plot of land is a significant decision that requires vigilance and sound knowledge. To avoid future problems, you as a prospective buyer must be extra careful and discerning when selecting the plot of land you wish to purchase. For those of you who have plans to buy a plot of land, there are several tips you need to pay attention to find the ideal plot of land:

1. Check Legality and Ownership

You must ensure that the land certificate is clear and complete. Check whether the land has a valid Freehold Certificate (SHM) or Building Use Rights (HGB). You should also check the land status, make sure the land is not disputed land and there are no dual ownership issues. The next step is to verify the land data, match the data on the certificate with the data in the field, including the area and boundaries of the land.

2.  Location and Accessibility

You should consider choosing a strategic location. Look for a location close to public facilities such as schools, markets, hospitals, and shopping centers. You should also pay attention to accessibility and look for a plot location that is easily accessible by private vehicle or public transportation. Also consider the development potential around the location regarding regional spatial planning and surrounding development projects.

3. Developer

If you buy from a developer, check the developer's reputation, choose a developer who is trustworthy and has a good track record. You need to ensure that the developer also provides adequate facilities and infrastructure. You should find out what property projects the developer has previously developed.

4. Check Soil and Environmental Conditions 

         Make sure the land conditions suit your needs and that the land is free from landslides or flooding problems. You should check whether the surrounding environment is safe, clean, and comfortable to live in. Avoid risky locations such as disaster-prone areas or near rivers.

            5. Adjust to Your Needs and Abilities 

           You have to determine your needs. Think about what type of house you want to build and adjust it to the size of the plot of land you are going to buy. Make sure the price of the land plot fits your budget. Take time to do surveys and research before making a decision; don't rush into making a decision. Consult with an experienced property agent to help find a suitable location and provide accurate information. Don't forget to use a notary to help you with the legal process and sales transactions.

           Always remember the principle of "Buy at a Fair Price." If an offer seems too low compared to the market price of land in the surrounding area, be wary. An offer that is too low may indicate problems with the land.  By paying attention to the tips above, hopefully it can help you find the ideal plot of land that suits your needs and dreams.