Buying an apartment from a developer, doing your own designer renovation in it so that it takes minimal time and you can move in quickly - is not a fairy tale, but a reality called White Box.
Today we will tell you about such an option of buying an apartment and the developers who offer it on the Odesa new-build market.
Apartments with White Box finish are an intermediate option between apartments without renovation and apartments with a finished renovation.
It is most suitable for those who want to do a renovation in their own style, but at the same time spend less effort and move into a ready apartment faster.
What exactly is the concept of apartments with White Box pre-finish?
The developer sells you an apartment in which pre-finish work has already been done.
It includes:
- interior partitions (according to the project);
- heating piping, which is done with the installation of steel radiators;
- screed under the final flooring;
- electrical wiring (the number of points equals the number of square meters);
- wall plastering.
Moreover, some developers add their individual features to the White Box package, which we will talk about below when we present the developers of the Odesa real estate market.
White Box finishing is done by the developer during the construction stage. When the building is already put into operation, you do not have to wait additional time for pre-finishing work and you can immediately start implementing your planned apartment design.
Such apartments have several advantages over apartments without renovation:
- You save time and reduce the period from its purchase to moving into a fully finished apartment with renovation.
The main desire after purchasing an apartment is to move in as soon as possible, and the developer who takes on the pre-finish work helps you finish the renovation faster.
- White Box apartment renovations are carried out by specialized professionals, so you can be confident in their competence and that each of them focuses only on their specific area.
Plumber - plumbing work, plasterer - wall plastering, etc.
And, since most of the work will already be completed at the stage of handing over the building for operation, you will reduce the renovation time and be able to finish the design part without a foreman with your chosen crew of workers.
- Control over the procurement and delivery of materials needed for renovation will be reduced due to the overall reduction in renovation work volume.
When buying an apartment without renovation, you spend time and effort purchasing all the materials for pre-finish work, looking for a crew of workers who may not meet the deadlines for its completion, whereas with a developer offering White Box apartments, there are clearly agreed-upon timelines.
- The price per square meter for pre-finish work in the White Box option remains fixed and does not depend on changes in the prices of purchased materials.
It is fixed when signing the apartment purchase-sale agreement and does not change during the renovation process. Moreover, the renovation timelines and payment schedules are also fixed.
For example, in the company Budova, White Box apartments cost $95 per square meter of renovation.
Moreover, if the buyer pays 100% for the apartment, the full cost of the renovation is paid off within the timeframe specified in the agreement regarding the building's handover date.
If it is an installment plan, the renovation amount is paid one month after the apartment payments are completed.
Besides all of,