Take a moment to imagine your ideal piece of land. Does it have a view? Chances are it does. What kind of view are you picturing? Is it a sea view or mountain? Are you looking out onto a lush valley or seeing the twinkling lights of the town? When it comes to buying land, many prospective buyers place having a view high on their list of must haves, and for good reason.    

Go back to that image of your ideal lot of land. Now think about what you want to see when you look out of the window when you wake up in the morning or sit on the verandah with a cup of tea, enjoying nature. How does this make you feel? When going through the process of purchasing land, it’s not uncommon to feel an emotional connection with the property that may one day be yours. This process is a major life milestone, and you want to make sure that it also feels right. And, having an impressive view definitely helps.   

Thanks to our country’s mountainous terrain, stunning views are all around. However, also thanks to this mountainous terrain, fully enjoying the view will most likely involve building on a slope. While sloping land offers great views, it is important to understand that the cost of construction may increase as the terrain gets steeper. Unlike a flat lot, there are additional factors to consider when building on a slope, including the degree and orientation of the slope and how much excavation will be required. You will also need to consider the vegetation, soil type and drainage. If you are planning to build on top of a hill, for example, you must also consider road access and utilities. Building your house on a slope, therefore, requires careful planning and strategic execution. Yes, we’d love for you to have the view of your dreams, but we also want to ensure that you cover all your bases.  

Here at Co-op Bank, our dedicated teams are ready to get you on your way to enjoying the views you’ve been dreaming about. Start by sitting down with one of our lending officers to figure out what is possible based on your current financial situation. With our mortgage loans, we offer attractive interest rates with easy repayment terms and our officers will assist you throughout the process, from application to approval. Then, it’s time to start searching. Browse through the listed properties on the real estate section of our website or work with a trusted real estate agent to find options that suit your budget and needs. 

If you’ve been waiting for a sign to explore land ownership, this is it. To learn more about  Co-op Bank’s real estate options, visit https://www.grenadaco-opbank.com/personal/real-estate or take a look at our borrowing options for mortgages here: https://www.grenadaco-opbank.com/personal/borrowing/mortgage-loans