Why is it worth buying a property on the secondary market?

A second-hand property – advantages

Are you thinking of buying a flat? Not sure whether to go for a secondary-market or primary-market property? Find out the benefits of buying a second-hand flat and make the best decision for you. Here are the main advantages of this type of transaction.

Buying a flat is often the most important investment of our lives. It is no wonder that, before making the final decision, we consider a variety of options. Among the most important distinctions is the choice between a completely new property and one from the secondary market. Today we will consider the advantages of the latter.

More room for negotiation

Private flat owners are more likely to negotiate the prices of their properties. They usually want to find a buyer quickly and will do a lot to achieve that. Developers, on the other hand, know that sooner or later someone keen on a new flat will turn up anyway, so they have no need to come down on price. So if finding the most attractively priced property matters to you, start looking at secondary-market flats.

For the impatient

If you are looking for a flat right now, buying a second-hand property will be the best option for you. With new units, it is often the case that you buy them before they are even built, so you sometimes have to wait as long as several years for handover. With private owners there is no such problem.

Ready-made infrastructure nearby

The look and condition of the property where we want to live are important, but its location and the surroundings nearby are just as important. When buying a flat on the secondary market, we know straight away where the nearest shop, nursery or school is and what access to green areas is like. If we buy a flat on an estate that is only just being built, its final development may not be known, so we are left uncertain about what the final infrastructure around our home will look like and whether it will suit us. Choosing a second-hand flat removes this problem.

Information about the neighbours

When buying a flat on the secondary market, we can always ask the owner about the neighbours – whether they are quarrelsome or usually cause no problems. Of course, the owner will not tell us everything, but we can get a rough picture of the situation. With primary-market properties there is no such possibility, because future neighbours are usually unknown. In this situation, too, choosing a second-hand flat brings greater benefits.

A more attractive location

These days new flats are usually built on the outskirts of cities, far from the centre. If you care about a well-located property from which you can get anywhere quickly and without trouble, a secondary-market unit may prove a better choice. There is a greater chance of finding such a flat in your preferred location.

In addition, building new estates brings other developments in its wake. So it may happen that in a few years' time a huge shopping centre will spring up near your property and completely disrupt the peace and the attractive landscape that had prevailed until then. With secondary-market flats you do not face this risk.

Given such advantages of second-hand properties, it is no wonder that demand for them is not weakening. If you too are interested in buying this type of flat or house, contact Marta Kulawik, an experienced estate agent who will find your dream home at the most attractive price.