Question 1

What are the risks of buying a new construction apartment from a builder?

Accepted Answer

Buying a new construction apartment from a builder involves two main risks. First, there is a possibility of price indexation after a certain stage of the construction, which is affected by the cost of materials and inflation. Second, the payment schemes can impose a significant financial burden at the start of construction.

Question 2

Where to buy a new construction house?

Accepted Answer

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Question 3

What are the types of new construction?

Accepted Answer

New construction involves a wide range of projects, each serving different purposes and sectors of the economy. The types of new construction can include residential buildings, commercial buildings, industrial sites or infrastructure projects.

Question 4

What does turnkey construction involve?

Accepted Answer

Turnkey construction involves assigning the construction of your home to a relevant construction company. In this approach, the selected company assumes full responsibility for each stage of the construction process, which includes design, documentation and execution.

Question 5

How much does a square meter of new construction cost?

Accepted Answer

According to the latest statistics from 2023, the price of one square meter of new construction varies from &euro; 1 500 to &euro; 3 000 depending on its location.

Question 6

How much does a new construction home in the center of Sofia cost?

Accepted Answer

New construction apartments in the center of Sofia are usually priced higher due to the excellent location and the convenience of being in the center of the city. The price of such an apartment can range from &euro; 150 000 to over &euro; 300 000. This depends on the size of the apartment and on the building in which it is built.

Question 7

What does new construction mean?

Accepted Answer

New construction is attracting more and more customers to buy both for living and for investment. It is much more reliable than the old one, because it is made with high-quality materials and new technologies.

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