Post by account_disabled on Feb 20, 2024 11:21:29 GMT
Many people prefer new to second-hand and, in the case of homes, the same thing happens. Therefore, it is common that the demand for new construction is always high, although the available supply is not. Buying a home off plan is an option that is increasingly on the rise. But what is off-plan purchase? What are its advantages and disadvantages? Why buy a house off plan? In this article, you will find the definitive guide to buying an off-plan home . What is off-plan purchase? Why buy a home off plan? Risks of buying off plan What to take into account when buying an off-plan house? Tips if you buy off plan When to request a mortgage for an off-plan purchase? How do you pay for an off-plan apartment? What is off-plan purchase? Off-plan purchase is the acquisition of a home before its construction is completed.
This model of access to housing has a series of advantages, such as a lower purchase price, being able to use it for the first time and the possibility of customizing it. However, this Chinese Student Phone Number List process is not without difficulties, but also carries some associated risks, such as having to wait to move in, delays in construction, changes in prices or the promotion being cancelled. Therefore, it is crucial to know in depth the implications and details of this type of real estate operations before launching into them. Why buy a home off plan? These are some points in favor of buying an off-plan home compared to a new construction that is already finished or second-hand: Customization : Buying off plan allows you to have a certain degree of customization in the design and finishes of your home. You can choose colors, materials, and in some cases even make structural changes within certain limits. Lower initial price.
Properties under construction or in the design phase usually sell at a lower price than finished properties. Construction guarantee : As established by the Building Planning Law (LOE), a new building has guarantees for a certain period of time for certain types of defects. Brand new house : By purchasing an off-plan home you ensure that your home is new and meets the latest standards in terms of technology, energy efficiency and safety. New construction developments usually include common areas , such as a swimming pool, garden, gym, paddle tennis court, etc. It can be paid progressively . Risks of buying off plan Like everything, buying a home off plan has its advantages, but it also has certain drawbacks: Possible delays : The construction of homes in the development process may suffer delays due to various factors, which could delay the delivery of the house.
This model of access to housing has a series of advantages, such as a lower purchase price, being able to use it for the first time and the possibility of customizing it. However, this Chinese Student Phone Number List process is not without difficulties, but also carries some associated risks, such as having to wait to move in, delays in construction, changes in prices or the promotion being cancelled. Therefore, it is crucial to know in depth the implications and details of this type of real estate operations before launching into them. Why buy a home off plan? These are some points in favor of buying an off-plan home compared to a new construction that is already finished or second-hand: Customization : Buying off plan allows you to have a certain degree of customization in the design and finishes of your home. You can choose colors, materials, and in some cases even make structural changes within certain limits. Lower initial price.
Properties under construction or in the design phase usually sell at a lower price than finished properties. Construction guarantee : As established by the Building Planning Law (LOE), a new building has guarantees for a certain period of time for certain types of defects. Brand new house : By purchasing an off-plan home you ensure that your home is new and meets the latest standards in terms of technology, energy efficiency and safety. New construction developments usually include common areas , such as a swimming pool, garden, gym, paddle tennis court, etc. It can be paid progressively . Risks of buying off plan Like everything, buying a home off plan has its advantages, but it also has certain drawbacks: Possible delays : The construction of homes in the development process may suffer delays due to various factors, which could delay the delivery of the house.