How to invest profitably at the stage of the pit

How to invest profitably at the stage of the pit

Andriy Ryzhykov, СEO and managing partner of DC Evolution, told the Capital Real Estate portal how much you can earn when buying an apartment at the initial stage of construction and then at selling after putting the house into operation. “Depending on the location, class and scale of the residential complex, as well as the size of the apartment, the difference in the cost per square meter at the initial stage of construction and after commissioning may be 30-50%,” says Andriy Ryzhykov.

The expert noted that the purchase at the stage of excavation is a high-risk tool. “At the same time, it is worth noting that it can be called an investment only for a person who buys half of a house at once or three floors at a minimum. All the others are just buyers of apartments. Where is the guarantee that the object will be completed? They are not. None of the existing mechanisms for the purchase does not guarantee that the object will be completed and put into operation. Therefore, we must be prepared for the fact that in case of a project freeze, this money cannot be returned,” emphasized Andriy Ryzhykov.

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