Buying a home from a builder: everything you need to know

Buying a home

Buying a house under construction can prove to be particularly convenient, but it can also hide risks: the possibility that the building company goes bankrupt, that the delivery date of the property is postponed, that problems arise during the works that make raise the purchase price and so on. For this reason, we believe it is useful to shed some light on this method of purchasing properties, highlighting the advantages and disadvantages and also providing some useful advice to avoid nasty surprises

Buying a house under construction: the pros and cons

Buying a house under construction brings with it many advantages . First of all, the fact of obtaining a new building , equipped with a certificate of habitability, certificates of conformity of the systems (electrical, plumbing and heating, gas, radio and television, etc.) and an energy performance certificate .

Then there is the possibility of being able to decide on certain finishes (flooring, windows, bathroom fixtures, etc.), but also of obtaining a substantially lower price than what one would pay for the purchase of a house with the same characteristics but already completed .

Also not to be overlooked is the fact that with the purchase of a house under construction , one is protected against any defects that may emerge even after some time: for example, one could find oneself with the floor of the house slightly inclined or with the walls covered in moisture. In such cases the buyer could use this.

But buying a house under construction also allows you to obtain tax benefits . In fact, the buyer has the option of deducting the VAT that the manufacturer will charge on the invoice. In particular, the VAT deduction, equal to 50% for the purchase of houses in energy class A and B, must be recovered in 10 years.

Up until a few years ago, buying a house under construction could prove to be particularly dangerous: we are referring precisely to the possibility of running into the bankruptcy of the building company. In this case, the risk for the buyer was not so much that of having the house delivered with a significant delay compared to the expected times, but that of losing the advance paid at the time of signing the preliminary contract.