Installment plan for real estate in Odesa: a flexible solution for a modern investor

Buying real estate is a significant investment, whether you are buying your first home or expanding your investment portfolio. There are basically two options on the market, if we put the state program "eOselya" out of the picture: pay cash or choose installments. Installments are a smarter choice for many, even during the war, as ZEZMAN Holding explained in their projects in the Odesa region.

For buyers, the installment option provides flexibility, reduces the immediate financial burden, and makes home ownership more affordable. For developers, this option ensures systematic collection of funds in accordance with the stages of construction, thereby promoting transparency and compliance with regulatory guidelines, such as the payment schedule for apartments under construction. The structured nature of these schemes supports a safe and clear transaction process for all parties involved.

Financial flexibility in installments

Installment plans allow you to manage your finances more efficiently by dividing a large real estate purchase into smaller scheduled payments. This approach allows you to distribute funds among other financial obligations, ensuring that your budget remains balanced, even while investing in property. By spreading the cost over a series of payments, you take the pressure off of a one-time large payment. This method makes the purchase more affordable. Payment schemes are aligned with your income stream, allowing you to make payments according to your budget. Thanks to clear time frames and flexible payment options, you can maintain a stable cash flow while steadily moving towards real estate ownership.

ZEZMAN Holding offers flexible installment programs for the purchase of real estate, adapted to the needs of customers. For example, the super easy installment program allows you to buy an apartment with a minimum down payment and spread the payments over the maximum period. The interest rate depends on the size of the down payment. Interest-free installment plan: provides for a shorter payment period, but allows you to purchase real estate at a minimum price. The developer also provides individual installment terms for the projects of the Gross Liebental cottage community and the Artville residential community.

For example, in Artville, apartments are rented with a renovation from the developer, ready to move in, including a built-in kitchen and air conditioning. The layout includes one-, two- and three-bedroom apartments ranging from 22 to 72.25 square meters.

Photo: ZEZMAN Holding

The project consists of 28 buildings ranging in height from 8 to 12 floors, which are organized into four blocks. The cottage community is located near Ovidiopolska road, which provides convenient access to Odesa and other districts - 15 minutes by car to the city center. The territory of the cottage community is guarded and has closed access. There are recreation areas, a capsule park, and the necessary infrastructure: shops, an outpatient clinic, a post office, and a coworking space.

Payment schedules differ for different facilities. They can be adjusted within a few months or years. The developer determines this period, and it also depends on how much of the initial amount will be paid. Payment in installments has a fixed schedule that must be followed. The payment must be made monthly until the end of the term. But this amount to be paid is fixed. Installment payments offer a unique solution to start investing in real estate for long-term financial benefits.

Installment plan or loan

While bank loans may seem like the standard choice for financing real estate investments, they often come with hidden costs in the form of interest rates, loan fees, and other charges. Installment plans can offer more transparent pricing options, thus providing a more profitable and sustainable payment option. Many developers offer interest-free installment plans, which can save on costs.

The installment plan is more lenient due to the terms, does not require collateral and a large number of documents and checks like a bank loan. Especially in the case of a less than perfect credit history or in the absence of a stable income required to obtain a loan.

An investor should start their search by assessing their financial situation, desired term and type of property. This initial assessment lays the groundwork for choosing a plan that meets specific needs. Consider income, savings, and existing financial obligations to determine payment amounts that can be comfortably managed. The length of time it is expected to take to complete the purchase should be combined with a payment structure that matches the cash flow.

Photo: ZEZMAN Holding

Currently, most information about installment plans is publicly available, so you can calculate the options yourself and choose the best one for yourself. And given the situation in the real estate market, there are developers who are willing to meet investors, as this is a two-way process that directly affects the stages of construction.

Олена Болган