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Home / News / The benefits of real property purchase during construction phase in Thailand

When buying real estate certainly everyone wants to move in right away, furnish and start living in the new house. But the market of under-construction real estate has also a number of advantages that may become fundamental when making a purchasing decision. Here are some of them.

It`s a well-known fact that real estate under construction is cheaper than turnkey housing. Phuket real property is no exception. Developers offer the best lowest price at the initial stage of sales. The cost of accommodation unit in medium-sized condominium in the period of construction (1.5 - 2 years) increases by in average 20%.

It is not necessary to pay full amount at once. Payment is possible for the housing purchased according to customer-oriented schedule for the entire construction duration.

Some developers offer finance for the part of the real estate value after completion of construction (That is extremely rare among private sellers of turnkey housing).

  • To buy housing at a construction stage in Thailand is safe enough.
  • There are no long-delayed construction problems there.
  • The developer's responsibility on facility completion deadline is stipulated in the contract.

With the purchase of both apartments, houses and villas at the construction stage there is always an opportunity for the customer to introduce his own alterations in fit out and interior decoration and, in many cases, for architectural replanning if it does not affect bearing structures.

Custom-made finishing accentuates the owner`s style and personality, and redesigning is always cheaper and easier at construction stage when standard final finishing is not yet made in the premises.

 

 

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