Advantages of buying a new building vs. an old building: Which is the better choice for you?
Advantages of buying a new building vs. an old building: Which is the better choice for you?
Buying a property is one of the most important decisions in life, and one of the first dilemmas buyers face is choosing between a new building and an old building. Although at first glance it seems that a new building is the most logical choice because everything is new, modern and does not require investment, older apartments offer advantages that a new building sometimes cannot surpass.
The decision is therefore not an easy one, but it is easier to make when the advantages of both options are clearly seen. Knowing that the price per square meter currently does not differ between an old building and a new building, it is important to note that, if this is your first property, you are entitled to a tax refund for an old building or a refund of 50% of the VAT paid for a new building, which can help you equip the new building.
New construction generally brings modern construction standards, higher quality materials and modern installations. Energy efficiency, good insulation and modern carpentry result in lower utility costs, and a functional floor plan allows for maximum use of each square meter. Buyers often opt for new construction precisely because they don't have to think about renovation - everything is new and ready to move in. Another important advantage is the possibility of personalization (because floors, tiles and finishing materials can often be chosen during the construction phase). In addition, the risk of hidden damage or worn-out installations is significantly lower. On the other hand, old construction has its advantages that are decisive for many buyers. One of the most important is location - older buildings are usually located in developed, attractive neighborhoods close to the center, schools, kindergartens and public transport. A more spacious floor plan, high ceilings and larger rooms create a special feeling of comfort that new construction often lacks. Buildings that have been in use for decades have proven their stability and real estate is often more affordable per square meter. Although it requires investment, many buyers see an advantage in renovation - the opportunity to completely adapt the space to themselves. Thicker walls and better sound insulation are also common advantages of older buildings.
Ultimately, the choice between new construction and old construction depends on your priorities and lifestyle. If you want a modern design, lower utilities and a property without investment, new construction is probably the ideal choice. If you are interested in a great location, spaciousness and the potential for customization, old construction may be more suitable for you. There is no universally better option - there is only the one that best suits your needs.
If you need help assessing which type of property is ideal for you, we will be happy to guide you through the entire process and help you find a home that suits your lifestyle. We offer both new and old construction properties, so feel free to search our property database.