Giving away part of the foot or an extension insurance with the return of all the money in case of losing the job are some benefits that builders and real estate companies are currently offering.
After analyzing the 50 most profitable projects to invest, the FocoAsset real estate investment platform reported the most attractive benefits for deciding the purchase of a property in pandemic, including:
Bonus at the foot: consists of a contribution or gift made by the real estate company to reduce the value of the initial payment of the property, and ranges from 5% to 10% of the total value. This benefit generally applies to units in the immediate delivery stage, as it is an economic relief at the time of purchase.
“If the real estate company contributes 10% and the buyer contributes the other 10%, it raises 20% to access a mortgage credit. This prevents the buyer from having to spend several years saving money for the foot of a property,” explains Cristóbal Donoso, founder of FocoAsset.
Cesantía insurance: several real estate companies are offering guarantee insurance that involves the return of all money invested in case you lose your job during the purchase process. This benefit applies especially to properties sold in white or green, i.e. with a longer delivery period.
“In pandemics, when job instability is greatest, this benefit is very attractive,” says the executive.
List price discounts: it consists of a percentage of widespread discount to the sale price of the properties, this being one of the most recurring offers. Some real estate companies make discounts of up to 15%.
Reservation rebate: means reducing the amount of the reservation to be set aside by up to 50% to set aside an apartment to be purchased. “Although it is the most common offer, it is the least important since the amount paid in the reserve is then paid at the foot,” Donoso warns.
Gifts: Can be an amount of money through a Gift Card to buy in commercial stores, furniture for the property, warehouse, dividend months or months of common expenses.
