Buying a renovated apartment from the developer

Recently, they began to enjoy popularity apartments in new buildings renovated from construction companies. Is such an acquisition profitable?

Not many construction companies have such a service. (SK). Most often, SK offer apartments with renovation in new buildings of the lowest price segment – economy class. However, the demand for such options is quite high..

Pros of repair from the developer

The main advantage is that, that you can move into the apartment immediately after the house is delivered, while saving time, which you would later spend on repairs. Moreover, the price per square meter in such an apartment will be 10-15% more from the original cost.

Despite the actual increase in the total cost of the apartment, savings occur, which would later be spent on repairs. On average, this saves up to 50% funds for repairs. The cost of self-repair is increased due to retail purchases of building materials and finishing materials, plus labor costs for the construction team. Construction companies purchase materials in bulk., and repairs in apartments are performed by their teams.

There is an opinion, that construction companies often save on the quality of repairs and purchased materials. These savings come from bulk purchases and an increase in the number of orders for construction crews..

Disadvantages of repair from the developer

The main disadvantage is, that the choice of apartment design is small. Mostly construction companies offer 3-4 finishing options. Basically, these are renovations in a classic or modern style in light colors.. Against the background of light walls, any furniture will look good.

The renovation will be completed in time for the end of construction, ie. you will be able to move into the apartment on the same day, how to get the keys.