Buying a property is one of the most important decisions in every person's life. And if you decide to invest in real estate during the construction phase, you may encounter a lot of questions and worries. How to choose a reliable developer? How to avoid financial traps? And what legal nuances should be considered? In this article, we will analyze the key aspects that you should pay attention to when buying a property under construction.

According to a study conducted by the National Association of Realtors, investments in new buildings are showing increasing popularity, especially among millennials looking for modern living solutions. However, despite the attractive prospects associated with the purchase of housing that has not yet been completed, this decision requires careful analysis. Complex market dynamics, design variables, and possible delays in construction are all elements that can affect the end result.

Key points worth paying attention to:
1. Choosing a developer
   The first step is to choose a reliable developer. Evaluate companies based on their past:

   - Reputation: Check the reviews, ratings and reputation of the developer on specialized websites.
   - Projects in assets: Ask to see completed projects to assess the quality of work.
- Financial stability: Analyze the financial situation of the developer to ensure that he will be able to complete the project.

2. Legal review
   The legal aspects of buying a property during the construction phase cannot be ignored:

   - Contract and obligations: Study the purchase agreement and the terms certifying your rights at the time of purchase. It is a good practice to consult with a lawyer.
   - Licenses and permits: Make sure that the developer has all the necessary licenses and approvals from local authorities for construction.

3. Financial aspect
   Long-term financial risks and opportunities:

   - Price comparison: Compare the cost per square meter at the construction stage with similar facilities on the market.
   - Payments and installments: Find out if installments are possible and evaluate important points, such as increasing mortgage rates during the construction phase.

Olga Petrova, a real estate expert and author of the book Smart Investing, says: "Buying property during the construction phase can be very profitable if you know what you are looking for. However, it is important to remember that there are no guarantees here. There is always a risk of financial loss." Her advice: "Don't be afraid to ask questions; always be interested in all aspects of the project."

On the other hand, Konstantin Ilyin, a real estate lawyer, claims: "The painful moments are connected not only with the object itself, but also with the rules and regulations that change during the process. Always keep an eye on current changes in legislation related to real estate."

Consider the story of a client who ran into problems when buying a new building. Anna Ivanova, a mother of three children, told how she barely managed to correct mistakes at the stage of signing a contract with an unverified developer. "I was just sure that a good discount and positive reviews on the website weren't enough," she recalls. This case proves that even the most innocent mistakes can lead to great losses.

Conclusion
Buying a property during the construction phase can be profitable, but it requires care and careful preparation. Do your research, consult with experts, and stay vigilant at every stage. The right steps will help you achieve your dream of a new home without unnecessary risks.