A real estate expert named the secrets of reducing the price of secondary housing in St. Petersburg
With a competent approach to the issue, the discount can reach 10%.
Alla Shinkevich, a specialist in the real estate market of the St. Petersburg, told how to buy an apartment on the secondary market with maximum savings. This was reported in the press service of one of the largest real estate companies in the region.
In April 2024, 31.6 thousand objects will be displayed in the secondary real estate market of St. Petersburg.
The average selling price of an object in this segment is 9.49 million rubles, and the average cost per square meter in the secondary market exceeded 201 thousand rubles.
«Buying an apartment on the secondary market is always a chess game, where every move can significantly reduce the cost of acquisition. The secret of success lies in the ability to see the bargaining opportunities provided by the objects themselves and their circumstances of sale. For example, illegal redevelopment is not a reason to refuse, but a chance to negotiate a price reduction. The question is how realistic and easy it will be either to legalize the changes or to return the apartment to its original condition» - Alla Shinkevich noted.
Legal difficulties, such as the presence of minor children in the owners or an apartment burdened with a mortgage, also open the door to bargaining. These apartments are less attractive to buyers, which makes it possible to insist on a discount.
In particular, the sale of an apartment secured can offer 2-3% savings from the original price due to the absence of a wide range of potential buyers.
Another interesting aspect is urgent sales. Situations where sellers need to quickly part with real estate can turn in your favor.
The urgency of the sale varies from a few days to a month, and the less time the seller has, the greater your chances of getting a substantial discount. In cases of extreme need for sale, the discount can reach 5-10%.
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