Who buys flats in developer's standard?

The number of flats from the primary market in Poland keeps growing. Are you curious about the level of interest in this type of property? Who buys flats in developer's standard (stan deweloperski)? We have the answer to this question, plus some advice on buying new "turnkey" residential units.

The popularity of flats from the primary market

In larger cities in Poland, not only new flats but entire housing estates are being built. Such solutions have many advantages, but also disadvantages. Despite growing interest, many people still do not consider such a purchase. They think it is a very large and often unfavourable investment, which they fear, so they prefer to consider only the secondary market. However, statistics show that Poles are very willing to buy properties in developer's standard. They account for 44% of all transactions on the property market. The level of interest is surprisingly high.

READ ALSO – HOW TO CHECK A DEVELOPER BEFORE BUYING A FLAT?

What are flats in developer's standard like?

Flats from the primary market look very attractive. They require finishing and comprehensive fitting out. Does this put prospective buyers off? Quite the opposite. Young people or families often choose this solution. They want to finish the property according to their own needs, preferences and requirements. It is easier for them to put their concept into practice in a completely new, unfinished unit that has not been altered before. Many investors believe that a flat from the primary market is a good investment of capital. Such flats usually have a high standard, an interesting location and many conveniences. In addition, the transaction itself is very safe. Flats finished "turnkey" are, all things considered, often a better option than renovating a previously used property yourself. As usual, everything depends on the buyer's convictions, financial means and preferences.

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Who buys flats in developer's standard?

We already know that almost half of the transactions on the property market concern flats in developer's standard. Even so, many people wonder who buys flats in developer's standard. Young people. Many of them were encouraged by the Mieszkanie dla Młodych ("Flat for the Young") programme. Others pay a lot of attention to the standard of the flats and the additional conveniences. New properties are for the most part equipped with a balcony or terrace. Buildings come with underground car parks, which is an ideal solution for residents. If we take the finishing of the flat into account, flats from the primary market do not have to be much more expensive. Buying a property from a developer is an extremely convenient solution – another reason for the interest.