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You are at:Home»Investment»Why is it profitable to buy an apartment from a developer

Why is it profitable to buy an apartment from a developer

December 17, 2019

Buying from the developer is more profitable than similar housing in the secondary market, if in this case the use of the word “similar” is appropriate in general. In addition, the design process will not be so painful if you do not intend to take a loan. But it would not be true to say that in the question of the choice between primary and secondary housing, the answer is unequivocal, new is better than used, but not in all cases.

Primary housing, the future owner has the opportunity to purchase a house in the course of building a house, which means that the buyer will not receive his square meters suitable for housing, but you need to live “here and now”. Housing can be in the process of creation for a long time, months, or even years, take place before commissioning.

Buying an apartment in a house under construction gives you the opportunity to get housing erected using the latest technologies, builders sometimes offer their customers to choose the layout on their own, which is very convenient. Typical housing in the secondary market is sometimes impossible to redundant due to the presence of load-bearing walls, as well as due to the difficulties of documentation, not all services are ready to give permits for the desired redevelopment for unknown reasons.

Prices for new housing are used to grow continuously, so investments in the primary are more profitable. The social homogeneity of residents in the new house allows you to create HOA and more effectively improve your new house. The biggest problem of housing in the secondary market, not so much wear and lack of overhaul, how many outdated communications and wiring. You can change pipes and wiring in your own apartment, but this will not give a result without a hollow replacement throughout the house and in adjacent networks.

It becomes obvious that primary housing has many advantages.

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