The dilemma arises between purchasing an apartment through a contractor who is putting up a new marketing project or making an apartment purchase on the Yad2 apartments sales board.
A constructed building vs. a new building – There are costs that will be added after a certain period in which the construction input index will be linked to the price that remains to be paid after the down payment has been made. In addition, an apartment that already exists in a neighborhood that has all the services that tenants need is tremendously different from an apartment that is marketed by a contractor in a neighborhood that has just begun its first steps with the initial construction of the building’s infrastructure.
What To Look For Before Purchasing From A Contractor:
If the project of a particular contractor is very appealing to you, It is important to verify with existing tenants in previous projects, who are already populated, their level of satisfaction with the quality of construction and the entire relationship with the contractor up to the stage of receiving Form 4 and after, in case of construction problems and defects. Not every contractor works in a similar way to another contractor. Therefore, one can see clear differences between a contractor who lifts an entire project of several buildings in individual years, compared to another contractor with whom the construction is delayed for a longer period. In addition, not every specification in one contractor is similar to a specification in another contractor. Although the specification also directly affects the price, sometimes it is better to deal with a predetermined cost for all the upgrades that already exist in the apartment compared to dealing with the other additional costs that are not included in the basic construction process offered by each contractor.
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