Buying New or Resale Apartments: What to Check Before Signing

Buying an apartment is one of the biggest financial decisions a person makes, and the choice between a new unit from a contractor and a second-hand apartment affects not only price but also legal rights, risks, and long-term costs. The article, published on June 14, 2026 at 08:00 in cooperation with the Eliov-Green law firm, says advance checks and a clear understanding of the deal can prevent disputes and unexpected expenses.

A contractor-built apartment offers a new property, new infrastructure, and sometimes the ability to request changes to suit the buyer. But it is often a home that is not yet finished, which means waiting and uncertainty until delivery. A second-hand apartment lets the buyer see the property in person, assess the neighborhood, and take possession relatively quickly, but it requires careful review of both the physical condition and the legal status before closing.

The purchase contract is described as the central document in the transaction. It sets out the property details, payment schedule, possession date, the parties’ statements, and what happens if the agreement is breached. Buyers are urged to examine every clause closely, especially because this is a major long-term financial commitment.

For a new apartment, buyers should check the project details, technical specifications, the contractor’s obligations, the required guarantees, payment terms, price indexation, and whether changes to the apartment are allowed. They should also clarify what happens if delivery is delayed or the finished home does not match the agreed specification. For a resale apartment, the key checks are ownership registration, possible liens, seizures or other restrictions, planning status, building violations, condo bylaws, and any financial obligations tied to the property that may pass to the buyer.

The article also warns that taxes, fees, registration costs, and other add-ons must be included in the budget. It concludes that the best choice depends on the buyer’s personal circumstances, budget, and future needs, but in both cases thorough legal review is essential for a safe purchase.