Investment in new housing вЂ“ to be or not to be? - News about real estate, Kiev, Kyiv region. Real Estate In Ukraine
As reported in the publication "real Estate", according to analysts real estate companies, to invest in real estate in 2008 will continue to be profitable. Real estate investments in the primary market are attractive to many, because with the right investments, it is possible to save a considerable sum of money.However, those who wish to invest in under construction, you should not forget about the risks that exist in the primary market of real estate.According to the General Director of company "Blagovest" Irina Lukanina, the main risks facing investors, may be as follows:* The lack of a full package of permits for construction.* Mismatch of ways of raising funds for construction under the current legislation of Ukraine.* Lack of Financial Company licenses to conduct activities to raise funds for construction.* Misuse of funds intended for the construction.* Implementation of the construction deviation from the project (the target breach to the instructions in the project and documentation).* Freezing of the construction, i.e. the full or partial stop of construction.* Announcement of the Developer bankruptcy and recognition of their incapacity.* The absence of authority on the alienation of property rights to the investment object.* Poor execution of construction and finishing works in the primary object of construction.* Failure to comply with the deadline under construction, specified in the treaties on involvement in construction funds.* Late payment of funds in payment of the investee.