New builds in Larnaca all have their pros and cons like any other type of property. In this article we will delve into why people purchase new builds and why other may be put off by them. We will also discuss why new build neighborhoods should be considered as well as how energy efficient new builds are.
Pros of New Builds in Larnaca
New builds in Larnaca include townhouses, apartments and villas but what are the positive effects of investing in one? Let’s take a look
Low Maintenance
New build properties are built in line with the latest regulations therefore it is unlikely you will need to make any repairs or do maintenance work for the first few years. It also means you can begin your new life in a new property without being interrupted by messy maintenance, easing the transition period.
Adding your Influence
If you purchase a new build while it is still under construction you will usually have the option to influence the finishing touches. These final features can include flooring, paint color and kitchen fittings. This opportunity also reduces the need to change anything once you have moved in.
More Energy Efficient
New properties are often more energy efficient than older builds and this can help with energy costs. The significant savings you can make are one reason to really consider purchasing a new build.
Cons of New Builds in Larnaca
With any property you decide to purchase there will always be downfalls to accompany the pros. So, let’s see what these could be.
Possibility of Disruption
You may choose or even need to move into the new property before its completed. This does give a possibility of disruption during the first few weeks or month of living your new home. There is also the risk that the surrounding homes are not yet completed which again will cause disruption and noise pollution.
The Neighborhood
New builds and new areas have a high probability of not having an established neighborhood or community. This brings forward a few potential issues such as loneliness and not being able to ask long residing residences what benefits or possible problems the neighborhood has.
Conclusion
New builds in Larnaca are loved by some but disliked by others and this is the same all over the world. Any property that you purchase will come with pros and cons but it is always good if you know what to potentially expect. You may want a property with no necessary maintenance for the next 5 years but on the other hand you might want a project to keep you busy. Either way, at least you are aware of some of the pros and cons now.