Buying real estate is one of the most important financial decisions in life. Many buyers are faced with a choice: to buy an apartment in a new building or to settle on a secondary housing. Although new buildings attract with modern layouts and new utilities, secondary housing has a number of advantages that make it a more profitable option.
1. Quick move-in
One of the main advantages of secondary housing is the ability to move into the apartment immediately. In the case of new buildings, buyers often have to wait for the house to be completed (sometimes several years), and then make repairs. Secondary housing allows you to:
- Avoid waiting;
- Save on rent during construction;
- Start using the property immediately after the transaction.
2. Transparency of conditions and absence of developer risks
When buying an apartment in a new building, there is always a risk:
- Delays in the completion of the property;
- Bankruptcy of the developer;
- Inconsistency of the project with reality.
There are no such problems with secondary housing - the buyer sees the real condition of the apartment, the infrastructure of the area and can immediately assess all the pros and cons.
3. Developed infrastructure
New buildings are often built on the outskirts or in new areas where the infrastructure (shops, schools, clinics, transport) is not yet developed. Secondary housing is usually located in populated areas with:
- Convenient transport accessibility;
- Established social infrastructure;
- Formed community of neighbors.
4. Bargaining opportunities and lower prices
Secondary housing can often be purchased cheaper than a new building of a similar area. In addition, you can negotiate a discount with the owner, especially if the apartment requires repairs. In new buildings, prices are fixed, and discounts are possible only as part of the developer's promotions.
5. Already known communications and absence of hidden defects
In new buildings, there may be problems with the quality of construction, which only become apparent after the house is delivered (cracks, leaks, poor-quality materials). Secondary housing allows you to:
- Conduct a thorough inspection before buying;
- Find out from neighbors about possible problems (for example, with heating or electrical networks).
6. Finished renovation and savings on finishing
Many apartments on the secondary market are sold with renovation, which allows you to save on finishing work. Even if the renovation is outdated, it is often cheaper to redo it than to do it "from scratch" in a new building.
7. A larger selection of options
The secondary market offers a wider variety of offers:
- Different floors, layouts, years of construction;
- Apartments in brick, panel and monolithic houses;
- Options with improved finishing or redevelopment.
In new buildings, the choice is limited to the developer's current projects.
Although new buildings seem more modern, secondary housing offers significant advantages: quick occupancy, transaction transparency, developed infrastructure and the opportunity to save. Before buying, it is important to weigh all the pros and cons, but for many, secondary real estate becomes the optimal choice.
