What should I consider when buying rural property?
Rural properties have a certain charm about them. Most people relocate to country areas in search of a better lifestyle, and perhaps more peace and quiet.
However, if you are looking at houses for sale in rural areas , there are several factors you will need to weigh up.
Don't approach your purchase in the same way you would if it were in an inner-city location, as you may overlook key aspects that could make all the difference.
Having realistic expectations is important with any property purchase, especially if you clearly envisage yourself leading a better lifestyle and making the most of your new surroundings.
You will need to take off your rose-tinted glasses and see your rural property purchase for what it really is – an investment.
Whether it's a financial investment or one that you hope will bring you a better life, weigh up all aspects of the purchase.
Although it might seem like the perfect option at face value, spend plenty of time weighing up the pros and cons before deciding whether this is really the case.
The chances are If you buy rural property then it might come with land attached. If this is something you're looking for, then it's important to be aware of what implications this will have.
This is especially true if you have plans for developing the land, as there could be certain restrictions preventing you from going ahead with this.
Your conveyancer should take on the task of finding out exactly what conditions are attached to the land, but it's a good idea to do some of your own research as well.
Pests and diseases
Certain areas are prone to pests and diseases, which can make it especially difficult to get agricultural operations off the ground.
If you envisage yourself rearing livestock and growing crops when you move to rural property, make sure you check the suitability of the area you are looking at.
Some parts of the country are declared disease and pest management zones, which may influence your decision to relocate there if a sustainable lifestyle is high on your list of priorities.
There are generally two types of rural property – those in solitude, and others that form part of a valued community.
It's up to you to decide what type of real estate you wish to settle down in. Some people like the idea of being out on their own, while others feel reassured to know there are neighbours close by.
Being part of a wider community can have its benefits, but it ultimately comes down to what you imagine for yourself now and into the future.