Despite current economic concerns, the South African property market has never been as ideal for buyers, with prices at an excellent level and a number of investment opportunities to choose from. For first time homeowners, the property market can be extremely daunting, with so many options and factors to consider ? that is if homeowners are able to secure a loan or bond in the first place. What sort of factors need to be considered when buying property in the country, and how can the 'average' person navigate the pitfalls and problems that arise during this tricky period?

Listed below are some of the more crucial factors that you will need to consider when deciding to purchase property. Some of these factors are fairly straightforward, while others take a fair bit of negotiating, not to mention patience and a keen understanding of the South African property market.

? The Basics

Before you begin your quest for suitable property in South Africa, you first need to determine basic factors such as which area you wish to live in, how you will be paying for your property, whether you would prefer a house or an apartment and how much you can afford to spend. When deciding on a suburb or town, you will need to consider all factors such as crime in the area, facilities and amenities such as shops, schools and churches, noise and pollution levels, proximity to work and schools, public transport plus its overall appeal.

? House or Apartment

Those with children and pets tend to require larger properties with gardens or outdoor areas, while young couples or single adults may be happier in a trendy apartment in a city or suburban area. With such a wide range of properties on offer, buyers are certainly spoiled for choice, with homes ranging from sea facing mansions to compact family homes, trendy townhouses or upmarket loft apartments to choose from, all depending on each buyer's needs.

? Property Financing

Before you can claim your dream home, you will need to determine how you will be financing your property. Property in Johannesburg can be priced less or more than property in other cities such as Cape Town, and each suburb's value will differ. You may long for a beachfront apartment in Clifton; however you will only be able to achieve this dream if you are able to pay the bond repayments or purchases upfront. You will need to work out your budget requirements and how much you can afford to pay each month ? plus you will also need to factor in additional costs such as deposit, levies, rates and transfer costs.

? Property Inspection

Once you see a property that you are interested in, it is crucial to do a proper inspection in order to ensure that you are not buying anything that will require massive work or renovation ? or even worse, developing major problems after you have taken possession of the property. The condition of the building, the overall grounds condition, damp in the walls, leaking roof, faulty electricity or gas, plumbing issues, excessive rates, problems in the neighbourhood, traffic problems, vagrants or any other factor that could become a problem should all be carefully considered.

Whether you are searching for property in Cape Town, Johannesburg, Durban or another city, speak to an estate agent who can help you navigate the challenges of purchasing property.