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The best time to buy an apartment - what should we know at different stages of construction?
Buying an apartment is a significant financial step, however, each stage of the construction process carries different risks and benefits. The choice depends on both financial capabilities and personal requirements. There are several important factors that you should consider in order to make the right choice.
1. Before the start of the project (pre-construction stage)
One of the main advantages of apartments under construction is low prices. When the apartment is under construction and not yet completed, the buyer can pay a lower price than for an apartment that has already been completed and handed over.
Tip: If you decide to buy an apartment at this stage, pay attention to the reputation of the construction company and its long-term projects.
2. Construction start stage (transitional stage)
At this stage, as a rule, the structure and arches of the building have already been built, but the process of finishing the interior and other works is still ongoing.
The buyer can choose the interior design, color scheme, materials, and sometimes even change the layout. This is one of the main advantages, as the buyer himself determines how his living space will look.
3. Middle stage of construction (internal works)
During the middle stage, internal works are carried out, such as interior design, installation of electrical and plumbing systems.
Tip: This stage is a good choice for buying an apartment, as it is already better visible how the apartment will look in the end, however, it is important to still determine exactly when the process will be completed and within what timeframe the work will be completed.
4. After construction is complete
Buying a home when construction is complete is the safest option.
Tip: If your goal is to minimize risks and you are willing to pay a higher price, this is the best time to buy a home.
The best time to buy a home depends on factors that are important to you, such as budget, time, and personal preferences. It is best to make a decision when you are sure that the construction project is stable and predictable, in order to avoid unwanted risks.
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