Buy ready-made or under construction? - Adam Homes
Buy a finished flat or one under construction?

Buy a finished flat or one under construction?

Many of our customers are confronted with this question. That is why we have decided to cover this topic in more detail today. Let's go through the pros and compare the two offers in order.

During the construction phase:

Firstly, buying a property under construction is considered the best deal: prices are often 20-25% lower

Secondly, it is possible to get an interest-free instalment plan from the developer for up to 6 years. If you compare this with completed properties, the maximum instalment plan is only available for up to 2 years.

Thirdly, the down payment will be much lower than for completed flats. The amount is usually 30 % of the total price.

More flat options to choose from: you can choose a flat with a better location and view.

It is also possible to make some changes to the flat during construction, such as redesigning it for a small fee or even free of charge. You can discuss these points with the builder.

Ready-made flat:

You see the flat as it is, there is no fear of buying a pig in a poke.

There is no long wait for the property to be built. No need to spend extra money on renting another flat while yours is being completed.

The principle applies here - come and live. The flat is completely ready to move in, often already furnished and with all communications connected.

If you are considering buying a property as an investment, you can start earning money by renting it out as soon as you buy it.

There is no right or wrong choice here. Everyone chooses the option that suits them best at the time.

To summarise, if there is time to wait until the project is completed, buying during construction can save money and help you choose a better option for your flat.

When finished flats benefit from the fact that you can move in literally as soon as you buy them.

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