7 Important Questions to Ask the Developer Before Buying an Apartment

Buying an apartment, especially a new-build apartment in Yerevan, can be a smart investment. However, without proper due diligence, risks are high.

Here are 7 essential questions you must ask when purchasing directly from the developer.

1. What is included in the apartment price and what incurs extra charges?
2. What is the construction timeline and what happens in case of delays?
3. What is the developer’s reputation and quality of previous projects?
4. What warranties and guarantee periods are provided?
5. Is it possible to buy an apartment from the developer with a mortgage and under what conditions?
6. What are the building’s common amenities and management fees?
7. What are the future development plans for the surrounding area?

Purchasing an apartment in Yerevan is a responsible decision. These questions will help you choose a reliable developer and secure a new apartment without unnecessary risks.