To invest, prepare for retirement, or simply to find a home, real estate meets many concerns at every stage of life. It's up to you to choose the investment that best suits your needs. Your Metier Immobilier agency advises you.
Buying when you are 18-25 years old
It is sometimes difficult to find a rental property for a reasonable rent. Often, one prefers to pay a mortgage rather than rent that goes nowhere: it's an opportunity to build up a real estate portfolio from a young age.
Lending institutions are increasingly trusting first-time buyers. However, they carefully examine the application files, paying particular attention to the personal contribution and the professional situation. Hence the interest in opting quickly for healthy financial behavior.
Buying before 30 years old has many advantages
The earlier the loan is taken out, the sooner it will be repaid. Getting into real estate at a young age allows you to be free of constraints once you reach your forties, and therefore free to incur other expenses or to live comfortably.
Moving from being a tenant to being a homeowner is an important step in life. Before buying, project yourself in the long term: you are going to live several years in this housing, that's why you must anticipate and consider many factors: your needs, your constraints, your family plans such as the arrival of children, your future professional developments, etc.
Strengthening your real estate assets at 40 years old
With the arrival of the first children, it is often time to sell the first home to leave the apartment in favor of the house or to buy land to build. The funds released constitute a substantial contribution already.
To increase your assets, bet on rental investment: investing between 40 and 50 years old could allow you to have fully repaid your loan before retirement and to benefit from an annuity once it arrives.
Real estate projects at 60 years old
With well-established income and children who have left the nest, the approach of retirement often allows for considering new projects: anticipate fragile health by buying a smaller home or simply indulge with a second home in a sunnier region, perhaps to live there later.
Over the years, the real estate portfolio is built up gradually. Starting very early allows you to build up capital useful for future investments. Do not hesitate to consult our real estate guides for more answers regarding the real estate transaction.
Updated date : 01/12/23Creation date : 29/01/19
