There are plenty of Apartments for sale in Myanmar, finding the right one can be a challenge. An important factor on the price will be the age of the building and which floor it’s located on. That’s why it’s important to seek a professional opinion before purchasing. If you’d like to consult with one of our Agents, contact us.
Looking for the best apartments for sale in Myanmar?
Are you ready to take the leap and become a homeowner? There are several factors you’d want to consider before buying property in Myanmar. Most importantly you should check that the apartment owner has all the correct legal documents. You can do this by going to the township Ya Wa Ta.
You should complete full background checks and paperwork authenticity on the land & apartment owner. If you’re buying a heritage apartment, there will be several additional steps which need to be done as some paperwork is likely missing due to the long history of land and apartment owners.
When was the construction completed?
Depending on how old the building is will determine if you have additional checks before making the purchase. An example is that apartment buildings in Downtown, Yangon might be on the OEain demolition list, meaning that you could invest in a property and see it get destroyed the next year!
Make sure to check with all local authorities before making the purchase, this will include Ya Wa Ta, to confirm who the real landlord is, and to make it official regarding the handover of the property in the eyes of the law. Secondly, you’d need to check with the Landowner, to make sure that the landlord who’s selling the apartment, is in fact the landlord.
How to find the best apartments for sale?
Are there schools in the area? How about restaurants, wet markets, and supermarkets? Living within walking distance to these amenities is a huge benefit for people living in apartments. Especially considering that apartments don’t have a lift.
Did you know that some areas in Yangon experience more power cuts than others?
Picking the right neighborhood with sufficient infrastructure could mean the difference between a good and bad purchase.
Apartments in Myanmar have their pros and cons. Firstly, apartments won’t have a lift. All our apartment listings will state which floor they’re located on to give you the most accurate information possible to help you make an informed decision.
If you like heritage buildings, then you’re in luck! The downtown area is rife with buildings dating back to the British colonial years. The heritage apartments we list have all been restored and renovated to a high standard that also boast beautiful original features of the buildings.