In the current economic setting, where any discount is welcome, there is now a unique opportunity for those who are considering buying a new property. With VAT set to rise from 20% to 23% next year, now is the ideal time to buy a new home and save money. If you are looking for a modern, top-quality home to buy right now, flats at Nesto are an excellent opportunity. The flats built in the first phase Na námestí have now been completed and approved for occupation, so new owners can move in immediately, saving not only on the purchase price, but also on the cost of furnishing.
The announced 3% VAT increase will have a direct impact on how much you pay for a new property, as developers will have to add the higher VAT to their final prices. This means that the same property will cost more next year than today.
“Prospective buyers should consider buying a flat as soon as possible, as they currently have the chance to benefit from the lower VAT rate. Essentially, they will get a “discount” equal to the difference in the VAT rate, which makes for significant savings on larger investments, such as real estate,” explained Lucron’s chief financial officer Lukáš Dlugoš.
However, it is not just the cost of buying a flat that will rise. The 3% VAT increase will also mean higher prices for furniture, construction materials, decorations and related services such as carpentry, wall-painting and installation. The cost of furnishing can amount to tens of thousands of euros, so even a few percentage points increase in VAT can add up to a significant increase. It is therefore advisable to take advantage of current prices and buy or furnish your new property this year.
However, present conditions also favour those whose dream property has just gone on the market. This is the case with our Nesto Prime premium offer, an apartment designed to give you the feeling of living in a family home.
“The higher VAT rate will apply depending on when a payment is made, not when a property is delivered to its owner. This means that all instalments and payments made this year will be subject to the existing 20% VAT. Once the new law comes into force next year, clients will not have to make any additional payments on the purchase price they have already paid. Combined with special interest rates on early payments offered by Lucron, our customers can make significant savings or profit from an attractive investment opportunity,” said Lukáš Dlugoš.
Modern living in Nesto available now
More than thirty 1- to 5-room flats of various sizes and layouts are still available for purchase in the Na námestí phase and ready for you to move into immediately. There are also several flats still available with private front gardens, where you can plant flowers, grow vegetables or simply enjoy as your favourite place to relax. All flats come equipped with underfloor heating, non-rebated interior doors and high-quality tiling and flooring. Security entrance doors and exterior blinds are also standard. A Na námestí flat could be yours this year.
The premium phase, called Nesto Prime, which is now on sale, will offer a limited number of 60 flats, distinguished by excellence in every detail, from materials and technology to their prime location. Nesto Prime will comprise 3- and 4-room flats and duplexes with floor areas from 100 to 300 m2 in a private part of the new neighbourhood in a car-free zone. For greater privacy, there will be only ten flats in each of the six residential buildings, and just two flats per floor. All the flats will have a spacious balcony, terrace or front garden.
Let us help you get a good mortgage for your Nesto home
In these uncertain times, many people are afraid arranging finance for the home of their dreams will be difficult, or even impossible. Nesto clients can use the services of mortgage consultants at Broker Service Group (BSG), who will advise them on how to obtain advantageous mortgage funding. Make an appointment by calling 0948 689 142 and get the best terms for your mortgage without complications.
Don’t miss the opportunity to benefit from the current situation in the property market and buy your new home today!
