How to safely buy a developer’s apartment – checklist before the contract.

For yourself or for investment? Regardless of the reason, it is worth taking these few steps into account so that the entire sales and renovation process goes smoothly.

  • Opinions about the developer – look for them on forums, among previous owners investment. It will allow you to verify whether the investment is for you. If this only the first investment of a given developer, be sure to list all of them pros and cons

  • Exact travel time from the estate and bus timetables,
  • Spatial development plan – no one wants it to be before theirs in 2 years The house was built as a skyscraper with several floors. If you want to be sure that’s not the case will be, check the development plan,
  • Proposed finishing standard – it is very important to know what to expect and what will need to be purchased or modified,

  • Type of heating,
  • The creditworthiness,

 

 

  • Legal status of the property – to verify the financial situation developer, legal status of land. You will verify this if you ask for the number land and mortgage register

  • Investment attractiveness – if you want to sell your apartment, will it be available? still attractive?
  • Information prospectus – whether the developer wants to change the method of financing investment, how many stages is the development investment divided into? What is the finishing standard planned?
  • Access to parking lots, green areas,

    Ask questions before: whether buying a garage or a storage room is worth it mandatory? What are the expected rent and utility costs? What is it like? final price of the premises? What are the possibilities of making changes to the structure? building? Is it possible to make changes to the installations and by when? Is the developer the owner of the plot or the perpetual usufructuary? What are they like? contractual penalties?

  • Check the deadlines – the date of handing over the investment, the date of paying the advance payment and the rest money, date of signing the contract, date of obtaining permission for the contract, time apartment reservation
  • Prepare for technical inspection of the apartment – before the final acceptance check windows, doors, cracks on walls, corners and humidity.

 

 

 

Plan your calendar – what is worth thinking about earlier if you decide to buy an apartment development?

  • Think about what your life will look like in a few years: where yours will be Work? Will your family get bigger? Will you need to be looked after parents? The answers to these questions will help you determine the best location and size of the apartment
  • Spend at least one weekend visiting showrooms and stores interior furnishings. This will let you know what solutions are currently available available on the market and which ones you like. Additionally, watching it “live” is a great way to imagine how much space your data will need implement the solution,

  • Determine the most attractive locations for you and start looking for apartments the square footage you are interested in. Looking for apartments is a bottomless study, so set aside a few evenings for this

  • Choose the most attractive investments and arrange a demo meeting. Thanks to this, you will learn how the investment is financed, who the developer is, what is the finishing standard?
  • Stay tuned for information about open days and housing fairs –most of the time it’s great shopping opportunity

  • If you already have a favorite, check the directions to the apartment in rush hours to find out exactly what’s going on. Also check the timetable public transport both during the day and at night
  • If the apartment will be taken out as a loan, make an appointment with an advisor credit card to find out your financial possibilities before booking a contract and spending money

 

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