Having your own home is considered the basic need of every person. At the same time, there are many real estate properties, but still the apartment remains the most popular option in Russia. To purchase it, you need to familiarize yourself with the main nuances of these transactions. How to buy an apartment cheaply is described in the article.
Profitable proposition
How to buy an apartment cheap? There is one of the proven methods: a profitable purchase of housing in a new building is to invest at the initial stage of sales. This will save up to 40% of the total cost of square meters. The sooner you make the investment, the greater the benefit. Developers reduce prices in order to create an information field near a construction object, to make it recognizable. All this leads to an increase in demand, so in the future the cost of such apartments will increase.
Despite the obvious benefit in acquiring an apartment in this way, many buyers still purchase housing at the last stage of construction, significantly overpaying at the same time. They are afraid to stay cheated. This is the fault of developers who may not fulfill obligations to interest holders: they rent apartments later, with marriage or go bankrupt, so funds are not returned to buyers. Some time ago, many suffered from such irresponsible firms, so the reputation of the construction business has lost its positive features.
Price formation
To buy a cheap one-room apartment or two-room housing, you should understand how the price rises:
- During the construction of the pit, the price is the lowest, but the risks are high. Is it worth the risk or better to wait - everyone should decide for himself, but according to statistics, after a few months, the cost increases by 15%.
- After the construction of each floor, the price of square meters increases.
- Wall mounting work increases the cost for each sq. m by 5-7%.
- Building a house under the roof increases the price by 10%.
- The final stage is the passage of the state commission and the commissioning of the facility. This adds another 10%.
Therefore, it’s unlikely that it will be cheap to buy an apartment in a new building with decoration. Indeed, for this work, the price also rises. It turns out that from the initial stage to the last, the cost changes by 30-60%. The fewer floors, the lower the price. Market conditions should be taken into account. Because of this, the price increases by about 2% per month. To buy the cheapest apartment, you need to consider these nuances.
Finish
Usually this adds up to 15%. Therefore, if you are interested in how to buy an apartment cheaply, then you should refuse decoration. But in this case, cons are also probable. With self-repair, expenses increase compared to finishing from the builder. This option should be selected only in 2 cases:
- With a lack of funds for decoration, and entry in the near future is not planned. Repair can be performed after some period when the financial side will be more stable.
- If you want to make an expensive and high-quality repair. Construction companies carry out typical finishes. If you want to equip everything according to your desire, then you should take the apartment without repair.
But if this housing is the only and long-awaited, then it is desirable to complete the decoration. Then it will save time, besides, immediately enter the apartment.
Bargain
It is possible to buy a cheap apartment in Moscow or another city at promotions and discounts of construction companies:
- With a full deposit, you can save up to 5%.
- To young families.
- Large families.
- Buyers of several premises.
- For 2- and 3-room apartments, as the demand for them is not very high.
Even if the construction company does not offer shares, you can try to bargain on your own. This is not a big deal, but it will turn out to find out about future discounts or save now.
Advantages and disadvantages of primary housing
It is more profitable to buy an apartment in New Moscow or in any other city at the initial stage of construction, because it will save a lot. There is the possibility of acquiring apartments in a modern house - in an area where there is a single architecture.
But when buying primary housing, it should be borne in mind that everything takes time. And this applies not only to the construction of the house, but also to the nearest space: schools, gardens, shops, other facilities. If you previously purchased an apartment, then for some time you will have to endure the lack of nearby amenities. Infrastructure will be created already when living in the purchased facility.
Does time affect?
How to buy an apartment cheap? It is necessary to consider the time of purchase. The most profitable seasons for shopping include autumn and spring. Construction and real estate companies attract customers through promotions, discounts, and great deals. Why is this happening?
In winter, many people make plans and calculate the budget for next year or take stock of the past period. Summer is unprofitable for the whole business, excluding entertainment, because it is a vacation time. The best offers can be found in October and November, as well as in March and April.
Urgent sales
This method is ideal for agile and persistent. There are times when owners need to quickly sell real estate. For example, this happens when you divorce, move, or need money. In this case, apartments sell up to 20% cheaper.
To track urgent options, you need to view information in newspapers, the Internet every day. Keep in mind that many can search for them. Therefore, the faster the reaction to favorable offers, the greater the chance of buying low-cost housing. You need to proceed as follows:
- View the announcement.
- Call the seller.
- View housing.
- If everything suits you, you can make a deposit.
Caution should be exercised since fraudsters often hide behind urgent sales. You must carefully study the documentation for real estate. Better to make a deal with a lawyer.
Subsidies and Benefits
What about the one who cannot save up for housing? For some citizens, housing subsidies are provided from the state or local budgets. They differ from a loan in that they are free aid from the state. Please note that:
- The subsidy is provided not in the form of cash, but in the form of a certificate for the purchase of housing.
- The subsidy only partially covers the cost of the purchase.
- Personal investments are required.
Who benefits? It is possible to purchase an apartment cheaper by benefits:
- The poor.
- People without housing.
- If the premises of the current residence do not meet the established standards.
Young families have the right to participate in the program if:
- The age of the spouses is not more than 35 years.
- This is a young family, single parents in need of help. The applicants are those who registered before 03/01/2005.
- A young family has its own funds. These include maternal capital.
The Housing for Young Families program has a specific purpose. Funds are spent only on:
- The acquisition of housing.
- Building a house.
- Payment of the last payment if the family is part of a housing cooperative.
- Payment of the first installment with a housing loan. This applies to mortgages and loans.
According to some programs, you can cheaply buy an apartment on the secondary. This transaction is also serious, therefore, when it is executed, you should be extremely careful.
Benefits for state employees
On the territory of Russia there is assistance to state employees, which allows them to solve housing problems. But in this case, there are some nuances:
- The age of the future owner should be up to 35 years.
- University graduation required.
- Work as a specialist for a set time.
- Registration / residence for at least 10 years in the region where the program operates.
- A document that serves as a confirmation that you need to improve living conditions.
Often, thanks to these programs, they attract specialists to work in rural areas, where professionals are also required. There are also preferential programs for disabled people of 2 groups, orphans, war veterans.
What else should be considered?
Before choosing a living space, you need to make a list of characteristics that are important. For example, they may include:
- Low noise.
- Close proximity to public transport.
- Good insulation of the balcony or windows.
- The presence of parking or a children's area.
There may be other housing requirements. It is important to consider not only the price, the effect of discounts, promotions, but also your preferences. Modern construction companies offer many different options. When considering several of them, you will be able to choose the right accommodation.
Summary
Thus, buyers can save if they purchase primary housing in a developing area. A big benefit expects if you buy an apartment at the "stage of the pit." There are various programs that save on the purchase of your own home. The main thing is to carefully approach the design of this transaction so that no problems arise in the future.