How to choose between a new building and a resale property if you are planning to buy a home

Longer lifespan of the house

New houses have just “seen the light” and will last longer than secondary ones, which already have a percentage of technical and obsolescence.
The service life of new buildings is increased by changed construction technologies, new materials and more advanced engineering equipment.

Planning and renovation of your choice

Almost every new building sells apartments with an open plan. You can install partitions in them yourself and organize the space - determine the size and purpose of rooms and functional areas.

Some developers, even at the stage of building a house, agree to make changes to the layout of the apartment being purchased - to equip a dressing room or combine the kitchen with the living room.

If you buy property in a new building, you won’t have to redo someone else’s renovations. You can decorate the interior “to suit yourself” without spending extra money and time.

Modern architecture

Non-standard facade solutions, original architectural elements and forms, accents on entrance lobbies and balconies - developers use these tools to move away from a single style and give new buildings a “human face”.

Resales with dull and similar houses are much inferior compared to them.

Simple transaction

In a new building, you buy real estate with a “clean biography” - without encumbrances and other owners. There is only you and the developer. This greatly simplifies the transaction process.

Ease of transaction

There are a lot of little things to keep in mind when purchasing from the secondary market. For example, make sure that the apartment is not mortgaged, the seller is adequate, his spouse is not against selling the property, and so on. If you do not carefully check all the documents, there is a risk that in a few years the transaction will be declared invalid. You will have to vacate the apartment and go to court to get your money back. Therefore, the purchase requires care and often the help of a lawyer or realtor.

In addition, when purchasing a property in an old housing stock, you often have to participate in a chain of transactions. Your seller also buys an apartment, just like his seller - and so on. Sometimes these chains are quite long. And if one link falls out, everyone is left without a deal.

The main danger when buying a new building is the risk of running into a scammer. There is even a special term for their victims - defrauded shareholders. Previously, an unscrupulous company could sell apartments several times or not complete the project at all. And buyers lost money.

The situation was regulated by law. Now the funds of shareholders are sent to the Federal Law of July 1, 2021 No. 175-FZ “On Amendments to the Federal Law “On Participation in Shared Construction of Apartment Buildings and Other Real Estate and on Amendments to Certain Legislative Acts of the Russian Federation” and certain legislative acts Russian Federation" to escrow accounts. When the house is ready, the money is transferred to the developer. If this does not happen, the funds are returned to the buyer.

That is, in general, purchasing an apartment in a new building has become safer. The property has no history, so you only need to check the integrity of the developer. And new housing is on direct sale and is sold without any chains.

Buying a home in a new building: reviews

Nikita, 32 years old.

I bought an apartment in 2021. The first and main advantage is the benefit: firstly, we took it at the start of sales, when prices were minimal, and secondly, mortgage rates were and remain lower than for secondary housing. We also looked at new buildings where seasonal discounts were available. The apartment on the secondary market cost us several times more.

Another reason why I chose the primary market is the novelty of the property, and it’s not just about construction. The approach to housing itself is completely different: the layouts are more comfortable, all apartments already have meters, construction technologies are more modern, and you can feel it - the apartments retain heat well and are not blown out.

Again, new communications. On a secondary property, for example, you can update communications in an apartment, but not in a house, and this is fraught with operational problems. There are no such problems in new buildings. Moreover, the house is still under warranty, so if there are any problems, the developer will fix them at his own expense.

I like the format of the complex development - with landscaped territory and an enclosed courtyard, parking lots, shops on the ground floors. This will not be a decisive advantage for everyone, but personally, I am pleased to live in a house with modern architecture, and not in a typical Soviet box, for example.

Alina, 30 years old.

“We bought at the foundation pit stage, and a few months after the start of sales, the developer made significant changes to the project: he reduced the cost of materials, simplified the facades, reduced the number of elevators (from 4 to 2, and this is for a 23-story building!). Now it seems that such changes are prohibited by law, but we got caught.

We were also promised a separate stroller and dog wash, but none of this exists and will not happen. In fact, we were deceived; we chose a new building with improved characteristics, but received the most simplified project, which is no different from neighboring complexes. Unfortunately, this happens.

Obligations to create infrastructure are being fulfilled with a delay: for example, we were promised a closed territory. The house was handed over in December, we moved in at the end of April, but to this day (September) the territory of our complex is not fenced. The landscaping is also very formal.

We also encountered a 5-month delay in delivery. In principle, we were not nervous, we knew that the complex would still be completed, but it was still unpleasant, because all this time we continued to pay for rented housing. Much more serious was the increase in the area of ​​the apartment, which cost us 230 thousand rubles. We know that in our house some people had to pay an additional 700 thousand rubles. In general, for the same developer the increase reached one and a half million rubles, but in a different complex!

As a result, many people have to invest money set aside for repairs in additional payments for extra meters. And this again pushes back the moving date. It’s worth mentioning separately about repairs - for the first six months, or even a year, there is noise from repair work in the house both on weekdays and on weekends. The next stage is being built next to us, that is, the construction noise can also be heard from the street.

At first we had problems with communications: rusty water, power outages. Now the electricity supply has improved, we are not paying for water yet, we are waiting for the management company to finally eliminate all the causes of rusty impurities. Although we installed a main filter, thanks to this the water in our apartment is tolerable.

Despite all the disadvantages, I can note that we still saved significantly on the purchase of housing; the same apartment on the secondary market would have cost at least a couple of million more. When buying an apartment in a new building, you need to understand that you are taking on certain risks.

Mortgage terms

It’s worth starting with the fact that it can be problematic to get a mortgage for an apartment in an old housing stock. It is most difficult to get a loan for housing in houses built before the 60s of the 20th century. And among them there are both strong “Stalin” buildings and pre-revolutionary buildings with major renovations that do not lose their attractiveness.

Banks are generally more willing to provide mortgages for housing in new buildings. Such transactions are easier to complete. Above, we have already figured out what nuances you may encounter when purchasing a secondary home. This means that the manager needs to ask the client for a bunch of certificates and put them in a folder. With new buildings everything is more transparent. And it’s easier to transfer money to a legal entity’s account than to bother with secure payments for individuals so that everyone is happy.

The difference will often be visible in the interest rates for new buildings and old housing stock. Sometimes it is significant, sometimes not. For example, Alfa Bank offers Alfa Bank Mortgage Calculator a loan at 7.89% for new housing and 8.29% for secondary housing, and Otkritie offers 8.8% and 8.9%, respectively Mortgage Calculator "Discoveries" .

Rate for new buildings from Alfa Bank

Rate for secondary housing from Alfa Bank

Rate for new buildings from Otkritie

Rate for secondary housing from Otkritie

The differences become noticeable if the buyer can qualify for preferential conditions or government support programs. For example, banks often, in partnership with developers, reduce loan rates for the purchase of housing in a particular neighborhood. The preferential mortgage program, which was decided The preferential mortgage program will be extended until July 1, 2022 / Garant.ru will be extended until July 1, 2022, applies only to new apartments, as well as a loan at 6% for families with children.

All this can tip the scales towards new construction.

How to reduce risks when buying a secondary car

You can avoid many problems even at the stage of choosing an apartment if you collect information about the rights to this housing in a timely manner, as well as find out the history of the change of owners.

You can obtain such data online using the EGRN.Reestr service . Extracts can be ordered in several types, the cost ranges from 200 to 350 rubles. All information is up to date and comes directly from the Rosreestr database.

To obtain information through the EGRN.Reestr service, it is enough to know the address and cadastral number of the object . The site has technical support that will answer all questions via toll-free phone number or directly in chat. The certificate is certified by an electronic digital signature of Rosreestr and has legal force.

Layout

On average, modern layouts look more thoughtful than older homes. Usually we are talking about at least a functional corridor and a large kitchen. And in multi-room apartments you can find two bathrooms.

For buildings of the Soviet period, tiny kitchens and walk-through rooms are more typical, which is not always convenient. There is nothing to say about pre-revolutionary houses - the layouts there can be the most intricate. When huge manorial apartments were turned into small ones, they were often cut in very strange ways.

Redevelopment is controlled by the state. There are many rules and restrictions for them. That’s why it’s worth buying an apartment whose walls, for the most part, suit you. And not everyone is ready to look for diamonds in the old stock, if you can buy a new standard apartment and get a more or less sane layout.

This is the time to remember what is important. Developers sometimes offer so-called open-plan apartments, that is, premises without internal walls. This is provided as an option for your convenience. Like, put them anywhere. But most often the project contains partitions. And they will have to be erected exactly where they are located, otherwise it will be a violation of the law. The developer saves on the construction of walls by leaving the issue to those who purchase the property. Keep this in mind if you're looking at an open floor plan.

Secondary

Secondary real estate is an apartment that someone else already owned before you. It's like you're buying a home out of hand. In St. Petersburg, secondary real estate is sold both in new houses and in Khrushchev, Brezhnev, and old buildings. The condition of these apartments varies greatly. The cost also depends on it.

Advantages of resale

Large selection throughout the city

You can choose a resale property in your favorite areas of the city, and not on the outskirts, like new buildings. The huge selection can be limited by your criteria. For example, a two-room apartment in the Nevsky district is no less than 50 square meters and no lower than 4 floors.

Developed area with all infrastructure

Secondary apartments are usually surrounded by residential areas with parks, schools and kindergartens, and shops. You can walk along them while choosing accommodation.

Completed renovation

You can purchase a secondary property with ready-made high-quality repairs - move in and live. There are a lot of such offers on the market. This will save you time and money.

You can move in after purchase

Usually you can move into a purchased apartment immediately after the transaction. There is no need to wait many months, as is the case with a house under construction. The exception is the request of the former owners to give them time to leave. Usually the buyer allows you to stay for a maximum of a month.

Cons of resale

Complicated deal

Apartments on the secondary real estate market often have several owners, including minors. This makes the deal much more difficult. In addition, the history of the apartment may be unclean. An owner who served a sentence in prison, for example, may appear from the past. You need the help of a competent lawyer to correctly prepare all the documents.

It's harder to get a mortgage

Banks carefully check apartments on the secondary market before approving a loan. The most common reason for refusal is illegal redevelopment. Problems with owners and documents can also prevent you from getting a mortgage.

an old house

The condition of many residential buildings in St. Petersburg leaves much to be desired. This is especially true for the old foundation and Khrushchev buildings. Even a well-renovated apartment can be located in an entrance hall with peeling walls and unpleasant odors and in a house with peeling walls.

Parking problems

When building houses decades ago, architects did not think that there would be so many cars. Therefore, there is a problem with parking spaces in old houses.

More complex selection process

In the process of searching for an apartment on the secondary market, you will have to go to a lot of viewings and communicate with not the most pleasant owners. This suffering can drag on for many months.

Finishing

In new buildings, buyers are offered mainly two types of finishing: rough, when a minimum of work is done, and turnkey finishing. The first option is good because the buyer does not overpay for repairs that are not done to his liking. But putting the apartment in order will require time and money. A clean finish means you can move in and live right away. The quality of materials and work remains on the conscience of the developer. And you rarely have to expect it to be high. But at least you will be greeted with new plumbing, working sockets and switches, and so on.

Recycling in this sense involves a wide variety of options. Here the buyer can expect:

• rough finishing: the owners began renovations, but decided to sell the apartment;
• stylish high-quality renovation;
• a fresh finishing screen, which was done hastily for sale in order to hide the defects of the apartment, and which will not last long;
• prehistoric renovation, but the apartment is in good, well-maintained condition;
• decay and ruin, leaking pipes, plumbing with a centimeter layer of dirt and holes in the floor;
• “elite” but tasteless renovation, for which the owners want an awful lot of money.

If we sum it all up, then in reality there are two options: when urgent repairs are needed and when they are not needed. The advantage of the second case is that you can move into the apartment immediately and not spend money on rent while you are putting your own house in order. This is especially great for mortgages. If there is an amount in the account that is enough to both purchase a home and renovate it, finishing is not of such great importance.

“Pig in a poke”, or Disadvantages of primary

It would seem that the choice in favor of the primary is obvious. But before investing large sums in the purchase of a new building, you should clearly weigh the pros and cons. “For convenience, we will briefly systematize the risks of buying an apartment in a new building,” says Lyudmila Shadrina. Here they are:

Risk of long-term construction

. Unfortunately, the vast majority of developers do not transfer apartments within the time period stipulated by the contract. Delays in the transfer of objects can range from several months to several years. At the same time, the equity holder is forced to continue to pay the mortgage, and sometimes at the same time rent rental housing. The law provides for measures to protect equity holders from long-term construction, for example, a penalty for late transfer of an object or the right to unilaterally withdraw from the contract if there is a delay of more than two months. However, in conditions of unstable financial position of the developer, these protection measures may be ineffective.

Area change risk

and room configurations during construction. It often happens that the share participation agreement agrees on the same conditions regarding the area and configuration of the premises, but in the end what happens is what happens. In such cases, you can sue the developer, demand compensation, etc., but the main goal of the transaction - getting a new dream apartment - may never come true.

Risk of poor quality finishing

. Often renovated apartments are purchased on the primary real estate market. But the quality of the finish is often far from what the sales manager promised. The courts are considering quite a lot of cases involving claims for a reduction in the contract price due to poor-quality repairs of the apartment received under the DDU.

The risk of a poorly built house

. Surely many have seen frightening videos on social networks of how façade materials fall off in pieces from a new house directly onto passing residents or parked cars. Often on the forums of real estate investors you can see stories of how the heating and plumbing systems fail, and the whole house literally floods. These are the risks of buying real estate that does not yet exist.

Risk of non-receipt of promised infrastructure facilities

. Often selling a new residential complex and launching active sales, developers paint magical pictures of the residential complex - their own pond, running tracks, equipped areas for pets, and no problems with parking. Don't take my word for it. Always study project documentation. Has the developer really committed to implementing all this?

Risks of purchasing an apartment under an assignment agreement

. All of the listed risks are more relevant when the construction stage is still in its early stages and it is impossible to accurately assess what will happen in the end. However, an apartment on the primary market can also be purchased at the final stages of construction. For example, everything has already been actually built and the permit for commissioning is being processed. In such cases, apartments are most often sold not directly from the developer, but from affiliates under agreements for the assignment of rights of claim. When purchasing an apartment by assignment, be sure to check all the documents, and also request primary documents confirming that the seller has paid the entire cost of the original DDU.

Endless repairs.

“The disadvantages of primary testing also include repairs and noise from them that continue for several years after the house is put into operation, possible accidents with floods due to the replacement of pipes and radiators, identification of construction flaws (for example, freezing of monolithic houses due to violations in the installation of insulation) “says
Alexander Tsyganov, head of the Department of Housing Mortgage Lending at the Financial University under the Government of Russia
.

The risk of becoming a defrauded shareholder

. “It is not uncommon for a developer to fail to implement a project and go into bankruptcy. This is a long and nervous process for shareholders. You need to be included in the register for the transfer of residential premises as part of a bankruptcy case, prove your right to receive compensation or an apartment, wait for the appointment of a new developer, etc.,” says Lyudmila Shadrina.

According to Sales Director of Ingrad Group of Companies Konstantin Tyulenev

, after the industry switches to escrow financing, this risk is reduced. However, there are still players on the market working according to the old scheme. “At the same time, it is important for shareholders to take into account that escrow is still not a 100% guarantee of protecting funds,” the expert warns. – In the event of bankruptcy of the developer’s escrow agent bank, the maximum amount that clients will receive from the Deposit Insurance Agency (DIA) is 10 million rubles. While this amount is sufficient for the regions, for Moscow and St. Petersburg it is not. Here, a significant part of the housing is sold at a higher price. Accordingly, clients will lose funds that go beyond the maximum DIA payment.”

“If the developer goes bankrupt, the bank will return to you only the funds that you deposited into the account. The bank does not accrue interest on funds placed in escrow accounts. This means that you will lose at least due to inflation. Another feature of escrow is that if the developer goes bankrupt, only the body of the loan is returned to you. No one will compensate for the mortgage interest paid over the entire period,” says the expert.

Noisy renovation work

Imagine an average new building. People bought apartments at different stages of the construction of the house, and the keys were given to the residents at approximately the same time. And they all start making repairs. Accordingly, you should be prepared for noise that will last for several years.

For new buildings, regional “silence laws” usually even set their own conditions. For example, in Moscow it is prohibited to repair something loudly from 19 to 9 o’clock and from 13 to 15, as well as on Sundays and non-working holidays. But in new buildings, during the first year and a half, repairs can be done from 7 a.m. to 11 p.m. without breaks or weekends.

Even buying an apartment in a building with a fine finish does not protect you from noise. It’s just that the renovations will be stretched out even more over time, because the neighbors will start doing them at different times. In the old housing stock, of course, no one is immune from someone else’s repairs. But it is unlikely that everyone will do it at once. And usually in such houses there are still slightly fewer apartments.

As for other noise, much depends on the quality of sound insulation. And it can be terrible in both old and new houses.

Disadvantages of new buildings

Risk of long-term construction

The main disadvantage of a new building is the fairly high risk of investing in an unreliable project. The example of the Urban Group showed that even large and seemingly successful developers are not immune from bankruptcy. As a result, you can wait years for the house to be delivered. Apartments on the secondary market are clearly superior to the primary market in this regard.

Waiting vs. reality

When buying an apartment at the construction stage, you can only evaluate it on paper. However, by the time of delivery, the housing may differ from what was announced in advance. We hasten to reassure you: no one will allow obvious deviations from the plan, but the footage may vary.

And if the reduction in area becomes an annoying phenomenon, which is compensated financially by returning money for the disappeared meters, then you will have to pay for the increase in area.

An apartment in a new building may require additional investments after delivery of the house

At the same time, the new area may be non-functional, but you will still have to pay for it. And at the stage of commissioning the house, the average cost per square meter in new buildings in St. Petersburg will be over 100 thousand rubles.

Not time tested

A common problem with apartments that no one has lived in is that mistakes made during construction do not appear immediately, but after some time of active use of the house. If in the secondary market such problems can be detected before purchase, then in new buildings there is no such opportunity.

But the problems can be serious - up to the appearance of mold in wet areas or the use of unsafe construction materials. This can also happen on the secondary market, but here at least you can immediately see what you are buying. Plus, you can always look for such information about the house on forums or in resident groups.

Location and area

Not all new buildings can boast of a convenient location and good area. There are few places left for development within the city, and empty plots, as a rule, are located either surrounded by industrial zones or at a distance from the developed part.

New buildings are often built in uninhabited areas with poor transport and social infrastructure

In both cases, residents may have serious problems with infrastructure and transport accessibility, which cannot be taken into account when purchasing, because at the construction stage developers often embellish the reality. Formally, new areas should develop in parallel with the emergence of residential areas. In practice, the construction of new buildings is carried out several times faster than the development of social, trade and transport infrastructure. It is difficult to talk about a comfortable life in such conditions.

Prolonged construction

If a residential complex includes several new buildings that are being built one after the other, residents of the first building will have to endure the sounds of construction work, dust and debris until the final stage is completed.

If we are not talking about infill development, but about actively developed territories, the atmosphere of endless construction can drag on for several years.

Communication problems

In newly built houses there may be serious problems with connecting to communications and their operation at first. Residents of the alluvial areas of Vasilyevsky Island, for example, are familiar with this problem firsthand: connecting houses took a long time, but even after that there were problems with the supply of hot water.

At first there may be problems with communications

This drawback is eliminated over time, but the first months of life in a new apartment can be ruined. Such situations are practically excluded in the case of new buildings that are being built in already developed areas, since there are no problems with their connection to communications.

Quality of communications

In new houses, communications are definitely new. In the old ones - depending on your luck. Networks are changed periodically, so in the secondary you can find pipes and batteries that have just been installed. Usually everything is visible to the naked eye even when viewing advertisements for the sale of apartments.

But there may be surprises with the wiring. In old housing stock there is a risk of facing an acute shortage of sockets - previously they were simply not needed in such quantities. Dilapidated wiring is also a fire hazard. And often in old apartments there is not enough electrical power for all modern appliances. Making it bigger is an adventure. This may be important if you like to run the vacuum cleaner, microwave, and heater at the same time.

How to reduce risks when buying a secondary car

You can avoid many problems even at the stage of choosing an apartment if you collect information about the rights to this housing , as well as find out the history of the change of owners. An extract from the Unified State Register of Real Estate about the property will help a lot.

Such a certificate contains basic information about the apartment and allows you to find out on the shore whether it is worth buying the premises or whether it is better to look for something else.

Let's look at examples of the most common schemes of deception on the part of secondary sellers:

• Selling a completely different apartment or a non-existent one

The buyer looks at his future home, likes everything, signs the contract and gives part of the money. But here’s the problem: the contract states a completely different address or house/apartment number.

How to be safe. Order an extract through the Unified State Register of Real Estate and compare the address indicated in it with the one specified in the contract. It also doesn’t hurt to make sure that the area and cadastral number of the property correspond.

• Selling an apartment that has encumbrances

Some sellers are silent about the fact that the property, for example, is still under mortgage or has been seized for debts. The buyer, without knowing this, signs the contract and transfers part of the money to the seller. However, such a transaction will not be registered in Rosreestr - you need permission from the bank for the sale or wait until the arrest is lifted. As a result, the buyer may wait for years for the seller to return the deposit.

How to be safe. Find the section in the extract from the Unified State Register for the apartment that indicates the presence (or absence) of encumbrances, arrests and other restrictions. It states who imposed these restrictions and when, and when they expire.

• The apartment often changed owners in a short time

By putting an apartment through a chain of transactions, scammers create the appearance of legal real estate, thereby covering their tracks. But one day the real owner of the premises may appear and, through the court, will return it to himself. And the buyer will be left with nothing. Or he will spend a lot of time trying to get back the money spent on the purchase.

How to be safe. Pay attention to the history of transactions in the USRN extract. If there have been several transfers of ownership over the past three years, then something is fishy.

If you need to receive an extract from the Unified State Register quickly and without hassle, use the Unified State Register service . The database contains current information from Rosreestr, which can be obtained without leaving your home. To do this, you only need to know the address of the property or its cadastral number. The latest certificate from the unified register will be sent to your email.

This service is paid. To clarify information on the technical characteristics of the apartment and its address, you can obtain an extract from the Unified State Register of Real Estate for free. True, there will be an abbreviated version of the certificate, without details. Just go to the main page of the EGRN.Reestr and enter the cadastral number of the object or its exact address in the search bar.

Infrastructure

If a single new building has grown up in an old area, there will be no problems with infrastructure. There are kindergartens, schools, clinics, shops and everything you need for life. If there are several new buildings in the old area, it becomes more difficult: existing facilities may not be able to cope with the increased number of people.

In new areas with infrastructure, everything will be bleak. Usually developers show parks, clinics, and that’s it, on their models. Of course, sooner or later the new area will inevitably become inhabited. But you need to be prepared for the fact that part of what was promised exists only in the project, and everything else will not appear soon. For example, another child may go to school without waiting for kindergarten.

Pricing: what affects the cost of an apartment?

Regardless of whether you choose primary or secondary housing, the cost of housing is influenced by the following basic factors:

• area and specific block (expensive and prestigious or remote);
• level and prospects for infrastructure development;
• transport accessibility;
• parking options and costs;
• landscaping of the surrounding area;
• quality indicators of the house and characteristics of specific apartments;
• floor, availability and quality (quantity) of elevators;
• possibilities for redevelopment.

What to choose?

Today we have shed light on what primary and secondary housing are, defined the criteria for evaluating them and figured out what the pros and cons of both types of apartments are. In any case, the final decision is yours.

Try to arrange the criteria we have proposed, focusing on your own priorities. For example, if the dark past of the apartment does not matter to you and the budget is quite loose, then the secondary market looks more attractive. If you would like a “clean” apartment, which another owner has never set foot in, and you are short on funds, then you should focus on the primary market.

Share your results in the comments! Which apartment would be ideal for you and your family and why?

Whatever decision you make, remember that it is important to approach the selection process carefully, consistently and with a due degree of suspicion. This will protect you from rash actions and unsuccessful transactions. We hope you found this article helpful. You can get even more real estate materials by subscribing to our updates!

Comments: 4

Your comment (question) If you have questions about this article, you can tell us. Our team consists of only experienced experts and specialists with specialized education. We will try to help you in this topic:

Author of the article Dmitry Sysoev

Consultant, author Popovich Anna

Financial author Olga Pikhotskaya

1. SVETLANA
   09.24.2020 at 16:47 Good afternoon! Mortgage approved for 3.5 mil. at 7.4%, 4 mil. There is. If you buy a secondary product for 7 ml, you can pay not 25 thousand. and 55 each due to change. If you take a new building at 6.1% for about the same 7 mil. but you have to pay 25 thousand, the same thing will have to be rented out a year or two after receiving it in order to pay off the mortgage first, which is more profitable? in numbers? And then if you don’t like something, what’s more profitable to sell?
   Reply ↓ Anna Popovich
   09.24.2020 at 22:38

   Dear Svetlana, we cannot predict the benefits of selling an apartment in an indefinite period, since there is no data on market trends, and the region where the property is located and the risks are not taken into account. As for the purchase, the option with a resale property is more profitable, since you will be able to rent out the property immediately, close the mortgage faster and lose less in interest.

   Reply ↓