IRINA Marchenkova

PRE-CONSTRUCTION

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Early-Bird Pricing: Purchasing during the initial phases of a development often comes with promotional pricing or incentives, potentially offering better value for your investment.

Embrace the allure of a fresh start in a brand-new property, free from wear and tear, and often equipped with the latest in-home technology and design trends.

New builds in many regions come with builder warranties that cover potential defects, providing peace of mind.
 

Reservation & Deposit: Once you’ve selected a unit, you’ll often start with a reservation agreement followed by a deposit. This deposit structure can be spread out over milestones before the completion.

After signing the purchase agreement, buyers often have a short ‘cooling-off’ period (this varies by location) to reconsider and potentially withdraw from the purchase with a full refund.

As the project progresses, buyers will usually have the opportunity to choose finishes, upgrades, and other customizable features for their unit.

In some cases, buyers might be able to occupy the unit before the final closing, but they won’t officially own it until the entire building is registered and the final closing occurs.