Finding and buying an apartment in St. Petersburg: where to start, pitfalls, prospects
People who dream of moving to the city on the Neva and buying an apartment in St. Petersburg need to carefully plan the purchase of housing.It is necessary to study the areas and their features, infrastructure, transport links, secondary and primary housing markets.
Advantages of new buildings and resales
There is not a large selection of new houses in the city center. Apartments in new buildings are not cheap to build. Apartments located in older housing stock have a lower cost. The downside is that buyers have to invest money in renovations.
Average housing prices exist in residential areas, especially in multi-storey complexes that were built far from the metro. Developers are increasingly building new houses in such areas, providing future residents with the necessary infrastructure.
You can save money if you invest in an apartment at the construction stage. When the house is put into operation, then housing prices rise noticeably.
So, resale in St. Petersburg is an inexpensive option for purchasing an apartment. In this case, you need to count on investments in repairs, the degree of which is determined by the deterioration of the housing. New buildings are an opportunity to get the apartment of your dreams in the most convenient area. It is expensive, but you can save money if you look for real estate in residential areas and invest in the construction of a residential complex during the construction phase.
Other purchase details
When a suitable area has been found, you can detail the plan for purchasing an apartment in St. Petersburg:
- planning features;
- footage - general, kitchen, balcony, books;
- presence or absence of finishing;
- floor;
- price.
The formation of prices is influenced by the condition of the housing, the year the house was built, whether the new building was put into operation or not, the location of transport stops, social and entertainment infrastructure.
Housing in a new building: how to choose
First you need to study information about the developer and the objects he built. If possible, it is worth reading reviews from customers who have worked with the company. It is possible that such people exist among friends or acquaintances, including on social networks. It’s better to hear one real review than to read hundreds written by copywriters on the Internet at the request of a developer. Often, management of construction companies organize excursions to sites or presentations at various thematic fairs and exhibitions.
If you like the housing, then you can sign a contract directly at the developer’s office. After this, it’s time to pay and register the property with Rosreestr.
This method allows you to see the object with your own eyes, study the features of the infrastructure, and negotiate a discount with a company representative.
It is worth considering that a personal inspection of a new building and communication with the developer’s manager takes quite a lot of time. This is expensive and often difficult if the buyer lives outside the city. Therefore, many clients use the services of realtors who have access to a unified real estate system in St. Petersburg.
The realtor needs to describe the requirements for the apartment, the specifics of payment, and the willingness to come to St. Petersburg to view the property in person.
Agents’ responsibilities include selecting housing, drawing up a presentation on it, and sending the collected information to the client’s email. If everything fits, then the terms of arrival in St. Petersburg are agreed upon to complete the purchase.
Cooperation with a realtor saves time and money on a trip to St. Petersburg. But you need to pay for the services of a real estate agent, which always pays off.An important point is that you need to choose trusted realtors who will do their job.
