I want to buy an apartment. Where to start?

Calculate how much money you will need

The price of an apartment depends primarily on the area. Therefore, study the prices for housing in your city. It will not take much time.

Use the search. First, specify the parameters of the apartment: number of rooms, area, floor, and so on.

You will see all the offers that match the characteristics. You can immediately determine a specific area – to do this, mark the desired area on the map or fill in the “Address” field.

Now you need to discard the cheapest options – about 10%. Such offers are usually associated with legal or other risks. Sort the apartments, starting with the cheapest, and then adjust the price range with the slider.

You will receive an approximate cost of the future apartment. This is your guide for preparing the required amount or mortgage application.

What to do if the budget is small?

If there are few or no offers in your price range, you can focus on finding housing in a building under construction at the foundation pit stage. Such apartments are on average 30% cheaper than in a finished building.

You can also look for small apartments on the secondary market or take out a mortgage.

Ready to wait – choose a new building

This type of housing has many advantages: new utilities, modern layouts, clean legal history. If the developer is conscientious, you will not have problems with documents and property rights.

But there are some nuances here. For example, the developer may delay the delivery date. Therefore, it is better to contact trusted developers.

Another disadvantage: apartments in new buildings are often sold without finishing. 

 

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