Every family member needs to feel convenient and sometimes privately secluded. The larger the flat is, the better it is for everybody. For families with restricted financial capabilities, this challenge is vital.
But the best solution is possible anyway.
1) Alter the geographical location in favor of suburban settlements
Having sold your smaller apartment within your city, you can buy a bigger one in a suburb with convenient routes to the city centre. You will immediately feel all advantages of the periphery – fresher air, lower density, the breath of nature. Moreover, new developers create favorable infrastructures, including schools, kindergartens, polyclinics etc. Perhaps the necessity for big city amenities will decrease for your family.
2) Apartments at a discount – that is possible!
Fundamentally, large apartments are in a lower demand, in contrast to smarter accommodation. Developers often offer discounts or beneficial instalment plans for larger areas.
3) Prefer split-layout dwellings
Ergonomically designed apartments provide private areas for family members. The more isolated rooms you have the more persons will benefit from it. For a large family, an additional toilet facility is essential. Do not sacrifice it, even if you want to expand your kitchen, for instance.
4) Consider apartment building loans
Apartment loans are classified into long-term and short-term. Long-term loans are for 25 to 30 years, short-term loans are calculated for 5 to 10 years. For a loan to be granted, the acquired property should be necessarily insured.
Mortgage loans involve additional expenses, apart from paying the loan amount with an interest rate increment. You will need to formalize many documents. However such loans enable you not to economize on the geographical location and to select as many square meters and pieces as you require. Buying a detached house is also an option, since crediting of detached houses does not differ much from apartment crediting.