Buying an apartment in a new building is a responsible step, since it is a deal for a large amount. An important point in this event is the choice of a developer.
If you are confident in the construction company, then the comfort of living for many years is ensured. In this article, we will tell you how to choose the right developer and buy a house profitably.
Which developer to choose: criteria
The development of the real estate market has caused a rapid increase in offers for the sale of apartments in new buildings from various construction companies. In this connection, many swindlers and unscrupulous developers began to appear, depriving buyers of money and leaving them homeless. Therefore, the question of how to choose a developer when buying an apartment should be approached with maximum responsibility and, before concluding a contract, take into account a number of criteria:
- Experience in the market. Organizations that have been engaged in construction for more than 5-10 years have already managed to show themselves as different from those who have just entered the market. You can find out how long the developer has been working on the official website or large aggregators. Here you should study the data on the number of objects put into operation, collect information about incomplete construction, if any. By the way, if you are thinking about buying real estate, we recommend that you contact us professional luxury real estate agency THE Capital.
- Reputation. The choice of the developer is made based on the opinion of other buyers. Therefore, you can read reviews about the company on specialized sites and forums, study lists of "problem" builders that are easy to find on the Internet.
- Availability of permit documentation. To ensure the legality of the activity, check the presence of a complete package of permit documentation, it should be accessible to any potential buyer. When deciding how to choose a developer, the buyer must first of all make sure that there are founding documents, registration certificates, financial statements, and ownership certificates for the plot where the construction is being carried out.
- Participation in lawsuits. If the developer is involved in active court cases, you should not choose his real estate. It is easy to find this information on the Internet, including official government resources.
- The price is 1 square meter. Good quality residential real estate cannot be cheap, so the cost of 1 square meter. meter should alert a potential buyer. For example, if you are deciding how to choose a developer, you should know that the value of real estate largely depends on which bank it is located on. On the left, you can buy an apartment in a residential area inexpensively, on the right bank, housing is quite expensive due to the proximity to the historical center, the absence of the need to cross the Dnieper, and more active business activities. At the same time, the coastal zone is actively being developed on the left bank, so you can choose housing with chic visual characteristics and proximity to equipped embankments.
See also: How to rent a non-residential premises?
How a developer should work with potential buyers
If the choice of the developer is made, first of all it is important to evaluate the openness of his actions and information about his activities. For example, in the absence of documentation on the official website, the company must provide documents about its work at the first request. In addition, you can visit the developer's office, where all licenses and permits are displayed on information stands. In addition to the mandatory list of documentation, you should also not forget about the presence of:
- a detailed project of the building under construction (completed);
- examination of the construction project.
See also: Renting an apartment: how to write an ad correctly?
Before you finally choose a builder, you need to make sure of the following:
- Legal validity of the concluded sales contract.
- Is it possible to see ready-made apartments at a convenient time?
- Can each client count on individual work with their manager.
If you wish get an apartment in an already built house, make sure that all details, legal and responsibilities of the parties are specified in the document. When a developer values his reputation, he will be ready to make changes to the contract if necessary and will immediately respond to other requests of the potential client.
Vigilance and careful collection of information are fundamental to choosing a reliable construction company and profitable investment. In addition, do not neglect the opinion of experienced experts of the real estate market of our company THECapital, and you will be celebrating the housewarming in no time. Subscribe to our real estate blog updates and get the latest posts from THE Capital real estate agency.
