Where is it better to buy an apartment: in a new building or on the secondary market?

When choosing which is better - to buy an apartment in a new building or in the secondary market, try to soberly assess the advantages and disadvantages of a particular object.

A completely new apartment with a clean history without prohibitions and burdens is the first and main factor in favor of a new building. The advantages also include:

1. Maximum comfort of living in an apartment - developers use modern technologies, high-quality materials for insulation and decoration.
2. The presence of autonomous heating systems - you can easily adjust the temperature, not waste energy and save on utility bills.
3. High quality communications and equipment, modern high-speed elevators.
4. Landscaping - all new residential complexes require the presence of an ennobled house adjoining territory, playgrounds, and developed infrastructure. By the way, if you decide quickly buy an apartment in Kyiv, we recommend contacting the best luxury real estate agency THE Capital..

The popularity of new buildings is due to low prices, modern views, good living conditions. If you decide to buy an apartment in a new building, and not on the secondary market in Kiev, it will be more profitable to make a purchase at the stage of the excavation. This way you can count on the lowest price, and also make adjustments to the layout of the premises to your liking without much paperwork. But when you buy an apartment in a new building, it is possible that you will encounter a number of limitations and disadvantages. Unfortunately, new buildings have a number of disadvantages:

• delaying the moment of moving;
• rather complicated process of registration of property rights;
• possible problems with a traffic intersection;
• only the infrastructure being created;
• interruptions in the work of engineering communications immediately after the commissioning of the facility.

Professional real estate experts and lawyers will help you to avoid possible risks when buying an apartment.

What is the best apartment in a new building or in the secondary market?

Most buyers have a negative attitude towards the secondary real estate market. It is believed that it is dangerous to buy an apartment that is already someone's property. This opinion is not groundless and two significant aspects are worth noting here:

1. The apartment may have heirs and in order to prove their rights to the apartment, the buyer will have to go to court.
2. The dwelling itself may not be livable.

Read more:: Taxes when buying an apartment.

There are always pitfalls to be expected from a resale property that has had multiple owners. But at the same time, one cannot fail to note the obvious advantages of secondary housing:

• the ability to preview the finished housing in advance, assess the state of the entrance and the house as a whole, get to know the neighbors;
• rich infrastructure;
• the possibility of settling soon after payment.

The disadvantages of buying an apartment on the secondary market include the need for repairs, depreciation of engineering networks, outdated layouts, unsightly entrances, and “motley” neighbors. And one of the most important problems with resale real estate is that you cannot be 100% sure of the legal purity of the transaction. Therefore, the choice of real estate in the secondary market should be taken very carefully. Subscribe to our updates real estate blog and get the latest publications from the real estate agency THE Capital.