Housing deposit Belarusbank. The housing construction savings system operates in a truncated version. Belarusbank deposit calculator

Valentina Zakharovna, July 1 marks three years since the construction savings system was introduced at Belarusbank. Its goal is clear - to help people save money to build or buy housing. What is its essence?
- The construction savings system offered by the bank is completely new for Belarus financial instrument. And it was our bank that developed and implemented it for the citizens of the republic. The system helps to accumulate the necessary amount Money(at least 25% of the total amount of planned investment for the construction or purchase of housing). After this, the bank provides a loan in the amount of up to 75% of the amount of the planned investment for more preferential terms compared with current conditions lending. That is this system consists of two stages - accumulation and lending.
The bank offers three options: 3 years, 5 and 7 years of accumulation. Bank specialists give recommendations on how to build a savings schedule, which savings option to choose, and the date of eligibility for a loan is preliminarily determined.
In case of accumulation of savings in equal installments, the right to receive a loan begins after the entire term of the selected accumulation option has expired. If the entire amount of funds is deposited on the day the agreement is concluded, the right to receive a loan occurs after 19 months.
Thus, the earlier money is deposited into the system, the earlier the date of obtaining the right to a loan occurs. And this rule works strictly.
After the accumulation of funds, the lending stage begins. The loan is issued for a period of up to 20 years at a refinancing rate National Bank Republic of Belarus plus one percentage point. The loan amount is up to 75% of the amount of construction or purchase of housing, depending on the accumulated amount of savings.
I will specifically focus on economic aspects attractiveness of the construction savings system.
Firstly, at the accumulative stage, the bank pays (accrues) income in the amount of the refinancing rate of the National Bank of the Republic of Belarus. Secondly, the loan term is long - up to 20 years. Thirdly, the loan fee rate is 2-5 percentage points lower than for other loans for construction or purchase of housing. Fourthly, repayment of principal and interest on the loan is made in equal parts. In addition, all participants in the system, regardless of the need for improvement living conditions are in equal conditions in terms of the terms of the loan and the amount of fees for using the loan.
These conditions are very attractive and significantly increase the creditworthiness of participants in the construction savings system.
- How many people used this bank system to solve their housing problem?
- The work of the construction savings system for three years showed that this product in demand. About 5 thousand people took part in the Belarusbank construction savings system, placing more than 60 billion rubles on the Housing Savings Deposit. Taking into account the completion of the savings stage and receipt of loans, as of June 1, 2009, there were 3.1 thousand “Housing Savings Deposit” accounts with a balance of 45.3 billion rubles.
- Does the place of residence of a system participant affect his ability to purchase or build housing in another region?
- One of the attractive factors is that a participant in the system can build or purchase housing in any region of the country.
A participant in the system has the opportunity to transfer his “Housing savings deposit” to any Belarusbank institution, preserving the accumulation history, and without having to start all over again. Any person, for example a grandmother, parents, can become a participant in the system in order to accumulate funds for grandchildren, children and help them solve the housing problem in the future. These persons have the opportunity to assign the right of claim under the contract housing savings to their grandchildren or children, who in the future will receive a loan themselves, build or buy housing, and will themselves pay the bank for the used loan.
- In February last year, the bank began implementing the second stage - issuing loans through the construction savings system. What is the percentage of system participants who have used bank loans over the past year and a half? And what is more - building or buying housing?
- During this time, loans amounting to almost 50 billion rubles were issued to about 800 system participants. At the same time, about 20% was allocated for housing construction, and more than 80% for its purchase. As the figures show, system participants buy housing most of all.
- As with any loan, to obtain a loan through the construction savings system you need to submit a certain package of documents...
- It all depends on whether you plan to buy an apartment or build one. When purchasing a home to obtain a loan, you must submit a residential purchase and sale agreement and a certificate of market value housing, in the case of apartment construction - a contract for its construction. Also, to calculate solvency, you must provide information about your income and the income of the guarantors for the last three months.
- If a person moved to another city, is it possible to transfer a savings deposit there through the construction savings system or do we have to start all over again?
- The deposit within the framework of the construction savings system can be transferred to any region of Belarus, but only to the Belarusbank institution.
- Is it possible to change the contract amount? For example, we planned to build a 2-room apartment, but the situation has changed and it is necessary to build a 3-room apartment.
- Yes it is possible. You just need to decide to increase the amount of contributions, and the more you save, the larger the loan amount will be. You can come to the bank and, with the help of our specialists, adjust the savings regime.
The accumulation of funds is not regulated; the system participant himself determines for himself the mode and timing of depositing funds. This means that if at the initial stage it was planned to build a 2-room apartment, and then the situation changed, then the participant himself makes the decision and accumulates a larger amount.

I invite you, dear readers, to become participants in the construction savings system offered by Belarusbank, to build or purchase an apartment or an individual residential building.

The housing construction financing system in Belarus is still far from perfect. As expected, the adoption of the law “On Housing Construction Savings” could give impetus in this direction. However, the draft of this law has been going back and forth in high offices for several years.

Currently investing in housing construction in Belarus are carried out mainly through bank loans, budget funds, organizations and the population, which, however, is not yet able to fully finance the purchase of housing. The state spends significant resources to compensate banks for losses from preferential lending. However, the effectiveness of such expenditures can be questioned - more than 750 thousand families are registered as in need of improved housing conditions. One of the ways here is seen as a system of housing construction savings, which could help the current housing financing mechanism. True, this topic has been discussed to no avail for a good ten years.

How does the system work?

To general outline to present the work of the housing construction savings system, we turned for comments to the ASB "", which has been trying to work in this direction since July 1, 2006.

The system involves two stages. The first is the accumulation of one’s own savings, the second is the period of lending. Today, Belarusbank offers three savings options - for three, five or seven years. The interest rate is equal to the refinancing rate of the National Bank of Belarus (currently 14%). However, in the case of accumulation of savings in equal installments, the right to receive a loan begins after the entire period of the chosen accumulation option has expired. If you deposit the entire amount of your own funds on the day of concluding the agreement, the right to receive a loan begins after 19 months.

When purchasing a home, to obtain a loan, you must submit a purchase and sale agreement for residential premises and a certificate of the market value of the housing; in the case of building an apartment, a contract for the construction of an apartment. Also, to calculate solvency, it is necessary to provide information about the income of the borrower and the income of the guarantors for the last three months.

After the accumulation of funds, the lending stage begins. The loan is issued for a period of up to 20 years at the refinancing rate plus one percentage point. The loan amount is up to 75% of the amount of construction or purchase of housing, depending on the accumulated amount of savings. Repayment of the loan and interest on it is carried out in equal installments throughout the entire loan repayment period.

Such loans can be used by all citizens, regardless of the need to improve their living conditions and the place of registration of the borrower and the place where he opened a deposit account. As Belarusbank explained, any person can become a participant in the system, “for example, a grandmother, parents, in order to accumulate funds for grandchildren, children and help them solve the housing problem in the future. These persons have the opportunity to assign the right of claim under a housing savings agreement to their grandchildren or children, who in the future will receive a loan themselves, build or buy housing, and will themselves pay the bank for the used loan.”

What are the first results of the system?

About 9 thousand people have already taken part in the Belarusbank construction savings system, placing more than 60 billion rubles on the Housing Savings Deposit. Taking into account the completion of the savings stage and receipt of loans, as of August 1, there were more than 3 thousand “Housing and Savings Deposit” accounts with a balance of more than 42 billion rubles.

Since February 2008, the bank began lending to participants in the construction savings system. During this time, about 900 loan agreements in the amount of more than 53 billion rubles. At the same time, about 20% was allocated for housing construction, and more than 80% for the purchase of housing. As the figures show, participants buy housing most of all.

Is the law in question?

Deputy Director of the Department retail business JSC " ASB Belarusbank“Igor Rudy, in a commentary for TUT.BY, agrees that “to organize the work of the construction savings system, it is necessary to adopt the Law on the construction savings system. In countries of Eastern Europe a law was adopted that was the impetus for the development of the system. The presence of the Law guarantees the transparent operation of banking institutions in this market segment, and also ensures state support for participants in the construction savings system."

As the Ministry of Construction and Architecture of Belarus, which developed this bill on housing construction savings, explained to a TUT.BY correspondent, the latest version of the draft law “has been in the government for a long time” and has not been returned to their department for revision. As the Ministry of Construction and Architecture clarified, the fundamental difference from already current system in Belarusbank is that local executive committees offer a person housing according to affordable prices, he does not need to look for any options on his own.

However, the construction department said that the problem is stalled due to different positions of government bodies. In particular, the positions of the National Bank and the Ministry of Finance differ regarding bonuses to depositors and the allocation of additional resources.

Oh, what a long review ahead! I hope it will be useful. Make yourself comfortable, because I can't be stopped)

Getting your own home is the dream of 70% of the population, especially when you wander around rented apartments(and not alone either). I first heard about the Construction Savings System (CSS) about three years ago, when a Belarusbank consultant (and for me she was a friend, Aunt Katya, they worked nearby) shared with me how she built an apartment for her daughter. I read it on the website, talked to her again and refused this option, because renting an apartment and saving at the same time seemed like a crazy idea.

The construction savings system is a solution to your housing problem, subject to the accumulation of part of your own savings and obtaining a loan for housing construction on favorable terms.

And then... One of my friends and her husband bought an apartment, and two years ago my grandmother gave an apartment to another friend of mine (the main amount was from her, the friend also contributed her own investments) and my mother took care of providing me with an apartment: “All the girls have apartments , but my daughter doesn’t!” Honestly, it was her “fire” that ignited my interest and activity. It was December 2016. I was actively studying loans from all banks, sadly assessing my chances, studying again and getting upset again. And at the same time I studied prices. And suddenly... my mother talked to my brother and asked him to help - to give me money on the condition that I would not apply for my parents’ apartment. The amount of cash was $4,000, so we began to think about what to do. And then I again saw information about SSS, was the first to read negative reviews on the Internet, and then came across a large discussion on one of the sites where users shared knowledge and chewed on each other’s features of this contribution (and initially it is necessary to make a contribution). There were a lot of pages, I read it at night after work. And I dreamed. At the same time, I went to the bank and consulted, asked questions and clarified points that were unclear to me. I went to the bank 2 times before the stage of concluding a deposit agreement; the branches and branches were different, as were the consultants). Of course, it was easier for me, because... I had the amount for a 25% contribution and the opportunity to get a loan after 19 months.

The construction savings system consists of two stages:

• accumulating your own savings by opening a “Housing and Savings” deposit;
• lending period.

Those. You can enter into an agreement for a period of 36 months, pay 25% of the cost of the proposed housing in the first month, and after 19 months you can already apply for a loan. Or you can replenish your deposit in installments over the entire 36 months and eventually accumulate that same 25%. By the way, there are three accumulation periods to choose from: 3 years, 5 or 7 years. You can receive a loan within one year from the date of expiration of the contractual period of the savings stage.

I soberly assessed the risks, I understood how fragile the exchange rate in our country is and that we could lose money due to inflation. But did I say that my mother and I burned down the apartment together? What tiny little ones we looked at, in what areas they were located! The thought was warming: tiny, far away, but your own! Moreover, I rented an apartment in the middle of nowhere. Inexpensive one-room apartments cost approximately $16-17 thousand at the beginning of 2017, so we decided to borrow another $1,000 and make a deposit. After all, who doesn’t take risks... The first stage was exchanging currency for my own squirrels, I changed money at my parents’ place in the city (it wasn’t so scary with my brother), thanks to the reviews, I already understood that “bags of money” from a negative review - this is not an exaggeration. The $ exchange rate at that time was about 1.93 rubles upon delivery. They exchanged the entire amount for me in 5 ruble bills. - 2,000 bills!!! Rounded up to 10,000 BYR. I can responsibly declare: this is a big backpack of money. I had already thought in advance what to do with this amount, because I needed to open a deposit in Gomel, and traveling with this backpack was scary and difficult: I opened an account and deposited money there. Without any problems I transferred the amount to the deposit account on 02/08/2017 and off we go...

I joined a group on housing issues, where they discussed new buildings, housing prices and purchasing methods. And I tirelessly looked at apartments in advertisements... and came to the conclusion that I could aim for a two-room apartment, albeit an inferior, small one... I fell in love with the apartments and “parted” with them, crying from powerlessness and fear for the future. And I followed changes in legislation, in the SSS, and studied legal acts in detail. Needless to say, discussing the purchase of a home has become a favorite topic? The forum where you could complain and feel support, as well as your mother, saved you. 19 months have not passed - they have flown by. I was ready for this event, because I periodically came and took statements about changes in the deposit amount, and also clarified questions that arose along the way. Unfortunately, I can tell a couple of stories about the incompetence of employees, but I was lucky to still receive professional advice both during the accumulation stage and the credit stage. The deadline for obtaining a loan was 09/08/2018, but we started looking at apartments in August. And the course jumped. It would seem that from 2 rubles it grew to 2.05, then 2.20, but large amounts it was a disaster... I didn’t like the apartments: either the price was wrong, the size was like a doll’s house, or it was a real shithouse. Nevertheless, I visited the mortgage department for a consultation. The first time they turned me away with the wording “the deposit runs out, you’ll come back,” so I was wary. And I was lucky: Irina Alekseevna Baydun became my consultant and accompaniment. She told and explained everything in detail. And I found out that the waiting list for applying for a loan was already 2 weeks (!) and I signed up “just in case.” And she continued to search. It could have been a separate big review of a loved one and several months of nervous tics.

Important! All 19 (and I ended up with 20 months) my money on deposit worked: it was accrued interest in the amount of the refinancing rate. In total, at the time of the money transfer, my 10,000 turned into 12,179, or from $5,181 to $5,612 (at the time of the transaction, the rate “jumped” to 2.17 rubles). In the end, I even ended up with a good profit.

Refinancing rate is the rate of the National Bank of the Republic of Belarus, which is basic tool regulation of interest rates on money market and serving as the basis for setting interest rates on operations to provide liquidity to banks.

I completed the purchase of the apartment with the help of an agency; I will leave the stages of preparing the documents outside of this review (and I mainly came to sign and pick up the documents). At the branch where I made a deposit, I took a statement, which indicated the amount of savings and possible loan, and also found out the construction and installation work coefficient. By the way, it can work both in + and - credit. That is why the borrower can either use it or not. My SMR was 1.21, which gave me about 5,000 BYN + to the loan!

System of indexes (coefficients) of recalculation (changes) estimated cost construction is the most important pricing tool in construction in modern conditions. Indices are used to determine the cost of construction in current (or forecast) prices and for settlements for completed construction and installation work between customers and contractors.

The main purpose of indices (coefficients) is to take into account the factor of increase in the cost of construction in relation to the base level.

I ordered an income certificate in advance, because... they gave it to me from another city. The bank advised me of 3 guarantors, but there were only 2. And again I was lucky: the wife of one of the guarantors agreed. My guarantors also ordered certificates; while receiving the certificates, I went to the bank to check them. I was very afraid before the day of submitting documents ( preliminary agreement, salary certificates, copies of passports) some obstacles, but everything went well, 2 guarantors were announced (it was difficult for one of them to come later), left the 3rd “in reserve.” The documents were submitted on Friday, and on Tuesday evening I heard “yes”. I concluded an agreement with a notary, registered it with the BTI, and took it to the bank for verification. And again my Irina Alekseevna helped: I brought the documents at 16-17 hours, and in the morning I arrived with the guarantors to sign the agreement. I transferred my part of the money from the deposit to the seller’s account, took the payment to the mortgage department, and managed to transfer part of the bank’s money to the seller on the same day. I ordered currency at my bank branch, fortunately, Elena Vladimirovna Voitekhovich (bank branch manager, she also advised me on the deposit throughout the entire period) coordinated the work of the employee in transferring money from the deposit and ordered the currency without problems during “after-hours” hours (applications were left until 10.30 , and I was 12).

The total loan amount was 39,427 rubles. Due to the jump in the exchange rate, I had to deposit my own funds that were not included in the deposit, because... the bank could not issue a loan for more than 75% of the cost of the apartment. The preliminary agreement was concluded at an exchange rate of 2.10 rubles, and the transaction itself was 2.17 rubles. Yes, the contract states the price in Belarusian rubles, but there is a line “which is equivalent to... thousand dollars at the exchange rate.” The seller doesn’t care about the exchange rate and everything else, he wants to receive his amount in hard currency.
I have been living in my large apartment for 1.5 months now, renovations and 20 years of loan payments lie ahead. By the way, for the first 18 months I pay only % - 195.07 rubles, from May 2020 the principal debt will be added to 178.40.
A few words about interest: when concluding a loan agreement, you can choose 2 interest rate options - CP +1% or weighted average rate(I still don’t understand what it is) for the term of the deposit. You can only move from the first option to the second in all 20 years. Because on this moment SMR 10, then I chose SMR+1, because my weighted average is 13.

Thinking about how to put your money to work? Bank deposits They don’t even cover inflation. IN valuable papers ah, not everyone understands. Speculative transactions with currencies are reminiscent of playing roulette. A good alternative is to invest in the construction of residential and commercial real estate. The investment is safe because the object becomes your property. They are liquid and can potentially double your capital in a short period of time. Unfortunately, there are no risks. Let's talk about investing in construction in more detail.

Investments in housing construction are optimal before the market rise in following conditions: difficult economic condition in the country combined with unstable foreign exchange market, but an optimistic forecast. If prices for new buildings increase, the return on investment in house construction will increase many times over.

The housing market in Russia experienced a deep crisis in 2016:

• prices and sales volumes of primary housing have decreased significantly;
• the number of defrauded investors has increased significantly;
• the number of “unfinished projects” has increased.

The trend continues in 2017, but a number of indicators indicate a potential change in vector at the beginning of 2018. If the trends are confirmed, this will be an ideal time for investors to enter. Follow the market!

Wanting to invest in construction in Russia, an investor plans to make money on the difference in prices at the time of purchase and sale. This difference always exists even in a stable market. The developer announces minimum prices at the start of sales in order to:

• attract the first wave of clients;
• create a positive image.

The price spread is especially noticeable when constructing entire microdistricts and residential complexes. Thus, the ideal moment for investment is the start of complex development.

Select a property

Apartments in residential buildings

Investments in housing construction are the most popular investment object. Causes:

• relatively small amount investments;
• short payback period: 1–2 years;
• ample opportunities to exit the project (sale, lease).

When choosing an object, pay attention to the following criteria:

1. Region (different regions of the country have their own market characteristics).
2. District (prestige, safety).
3. Transport accessibility(distance to the metro, for example, significantly affects the price).
4. Infrastructure (supermarkets, schools, kindergartens).
5. Plans for the development of a microdistrict (municipal or developer): in the case of complex development, the return on investment, as well as the risks, can increase significantly.
6. Number of rooms (the most marketable product is 1 and 2-room apartments).
7. Apartment layout.
8. Housing class (“economy”, “business class”, “premium”, “elite”).

Cottages

A good alternative to investing in apartment buildings, because the:

• profitability under certain conditions may be higher (especially in the luxury housing segment);
• payback period is the same (1–2 years).

The advantages are offset by increased risks:

• the amount of investment is more significant;
• the liquidity of suburban housing is an order of magnitude lower;
• price volatility is higher.

By analogy with apartment buildings invest at the foundation stage. When choosing an object, use the above criteria, and also consider additional factors:

• ecological situation;
• distance to large center;
• ease of communication.

Hotels

A promising way to invest in resort regions and major cities. There is still competition from ordinary apartments. The segment is quite specific and requires detailed study from the investor. The risks are high. Opportunities to exit the project are limited. Payback period: from 4 to 8 years.

Industrial premises

Investments in this segment impose certain requirements on the investor and the project:

• the investor has commercial skills and knowledge;
• the purpose of the project, the exit method and the potential buyer are determined in advance;
• a clear business plan for the project has been formed, taking into account the risks of selling to a non-target buyer at a reduced price.

Investments are long-term. Payback period: from 5 to 10 years.

In demand: premises for food industry companies, essential goods, furniture.

Investments in production often involve intermediaries and are carried out collectively through mutual funds and private equity funds.

Commercial real estate

Represent:

1. Retail facilities: shops, supermarkets, shopping centers.
2. Public catering facilities: cafes, bars, restaurants.
3. Educational, sports and entertainment centers.
4. Offices and business centers.
5. Warehouses, hangars, storage facilities.
6. Agricultural objects.

The investment amount is maximum.

Risks are high, but potentially less than in the case production premises, since upon completion of the project the premises are expected to be rented out a large number businessmen. Selling is rarely used as an exit option.

Payback period: from 5 to 10 years.

Choose an investment method

How to invest money in building an apartment or commercial property? Fundamentally, determine which investment method is right for you:

• individual investing;
• collective investment.

Attention. Always keep in mind that it is impossible to acquire ownership rights to an object that is under construction.

Individual investment options

Agreement equity participation in construction. Investments in share building- the most reliable option from a legal point of view. Concluded between the investor and the developer in accordance with the requirements of 214-FZ. The main advantage: the contract is subject to mandatory state registration, which will protect you from many risks.

Redemption of a third party's share (assignment of the right of claim). The share participation agreement provides for the possibility of acquiring a share at the stage of completion of construction. Such deals are also considered profitable. You will lose part of the profitability, but you will sharply shorten the payback period and reduce risks. To avoid being caught by scammers, be sure to check the documents confirming ownership.

Investment agreement for the construction of a residential building.

IN current legislation transactions of this kind are not provided for, but are not expressly prohibited. Pros: the rights of the investor in the contract, as a rule, must be reflected in detail and clearly (unlike “gray” schemes). Disadvantages: an investment contract for construction does not require state registration, which gives the developer wide room for maneuver in the event of claims from the buyer.

Investment agreement for the construction of a non-residential building.

Attention! Under no circumstances should you follow the lead of an unscrupulous developer and do not enter into a “preliminary purchase/sale agreement,” “loan agreement,” “bill purchase agreement,” etc.

Collective Investment Options

Construction (housing and savings) cooperatives.

Voluntary association of investors for the purpose of building residential buildings. Today, they emerge in place of bankrupt developers and take over from them all rights to complete construction. A cooperative can have the status of an independent developer or a participant in shared construction. Members of the cooperative are required to make share contributions.

The formation of cooperatives is rather a forced measure. Allows minority investors to speak to the developer from a position of strength. If circumstances are favorable, such an intermediary between the investor and the developer is not needed.

Real estate mutual funds and private equity funds.

Suitable for those investors who want to diversify their risks and assemble a portfolio of investments at the expense of profitability.

Real estate mutual funds are formed primarily of a closed type and for a long term (due to the nature of the investment). You can invest money only at the initial stage of the fund’s life cycle. Funds form a whole hierarchy of participants around themselves: Management Company, construction company, realtor, auditor, appraiser, registrar company, depositary company, investors-shareholders.

The fund protects the rights of the investor, controls the targeted expenditure of funds, the progress of construction, provides legal support, etc.

Advantages: accessibility, reliability, absence of organizational problems (everything will be done for you), low entry threshold (from 2 to 4 thousand dollars, which is only slightly higher than open funds).

Flaws: low profitability, long payback period and annual commission to fund managers as a percentage of the amount of the investor’s shares.

Select a developer

Before investing money in shared construction, approach the choice of developer with all responsibility. In the first half of 2016 alone, about 1,600 people became bankrupt construction companies.

1. Check reputation and time in market. Attention. Many companies often register new entity for building a house. In this case, find out who exactly is its founder.
2. Read depositor reviews.
3. Check the number of objects put into operation.
4. Count the total number of investors.
5. Find out the developer's specialization by type of property. Check to see if you have experience in complex development.
6. Be sure to check financial partners developer. Serious banks and Insurance companies will not deal with scammers.
7. Check availability complete package permitting documentation in accordance with 214-FZ. To this list in mandatory must include: planning permission, project documentation, lease agreement or ownership of land plot, state registration and constituent papers.

Examples of reliable developers in Moscow: A101 Development, PIK Group, Capital Group.

Study the construction investment project

It includes the following documents:

• feasibility study of investments in construction;
• business plan;
• project documentation.

Study the terms of the agreement

Secondly, be sure to involve an independent lawyer. The additional costs will pay off because they are not so significant compared to the size of the investment. Special attention Please note the following clauses of the contract:

1. Contract currency (rubles, dollars, euros, conventional units). Conversion rates. Assess who bears the currency risks.
2. Price square meter and the object as a whole. Is it rigidly fixed or can it be changed depending on a number of conditions?
3. Size down payment. Payment schedule.
4. Date of commissioning of the facility.
5. Conditions and terms for obtaining title documents.
6. Conditions of risk insurance.
7. Conditions for termination of the contract.
8. Penalties.
9. Force majeure circumstances.

Determine how to exit the project

Think about how to exit the project in advance.

Resale of objects upon completion of construction can bring good income in the shortest possible time. The average return on investment in the construction of a residential building is comparable to the high-yield securities market. So, when selling an apartment in a stable market, you can earn 30% in 2 years. If market conditions are favorable, this figure can rise to 100% or more. Main advantages: minimal payback period, opportunity to reinvest earned money.

1. Resale without repair.
2. Resale with renovation. Traditionally, it increases the cost of housing by 20–30%.

Renting is the ideal source passive income. The payback period increases noticeably, but the net discounted cash income with a long service life, it can exceed sales income.

1. Renting residential real estate on short time(hourly, daily, weekly payment). High yield annuity. Risks of damage to the object. Constant investor attention and solving organizational problems are required.
2. Renting residential real estate for long periods (monthly payment). Low income annuity. No risks or organizational problems.
3. Rental non-residential premises target tenant. Most often used in the case of targeted production and small commercial properties.
4. Renting non-residential premises in parts to several tenants. The most profitable and safe way exit for large commercial facilities. Tenant diversification dramatically reduces risks, and demand, as a rule, always exists.

Each of these methods has its own advantages and disadvantages. Arm yourself with a financial calculator and prepare your own calculation of the profitability and payback of the project for the investor. And don't forget about taxes.

Let's sum it up

Investment construction is an excellent and relatively safe way to make money. It contains a number of advantages:

1. High profitability.
2. Good liquidity of investment objects.
3. Acceptable payback period for such significant amount investments.
4. Reliability. The property remains the property of the investor. It can be sold, used as collateral, etc. In a stable market, even selling at a price below the market price will cover all losses.
5. Not so much price volatility (compared to, for example, stocks).
6. Big choice facilities in large cities.
7. Multiple options for exiting the project.

Unfortunately, like any other method of investment, attracting investment in construction has its drawbacks:

1. Risk of falling prices. Strong dependence of demand on economic situation in the region and country. Protracted economic crisis can reduce the price of objects by 30–40%. Advice: Keep an eye on the market and choose the right time to invest.
2. Risk of fraud: shell companies, construction as a distraction and selling “air”, selling the same share several times. Advice: check the legality of the developer in the official register of construction companies. Attention. Fraudsters often work together with a legal structure that covers them. Advice: get your lawyer involved.
3. Bankruptcy of the developer due to unprofessional management, lack of financing, misuse of funds. Advice: choose a developer who is reliable according to all criteria.
4. The construction deadlines may be missed. This leads to direct and indirect losses. The object may lose its competitive advantages(if another house is built nearby, the return on investment will drop by tens of percent). Advice: provide for penalties in the contract for violation of deadlines.
5. During the construction process, the technical parameters and quality of the object (for example, layout) may be violated, even to the point of failure state commission put the house into operation. Advice: carefully study the construction investment plan and, if possible, monitor the progress of work.
6. During the construction process, costs and cost per square meter increase significantly. Advice: carefully study the contract for the methodology for calculating the final price.
7. Risk of loss of an object (natural disasters, military actions, industrial accidents, fires). Advice: be sure to be insured.

Follow these rules and your investment will be capital construction will be safe.

Useful videos

Transfer: Honest House. Investments in construction. Guest: Yuri Nemanezhin, Managing Partner of GravionGroup, member of the board of the Association of Developers of the Moscow Region

How to invest money profitably and safely in the purchase of real estate in a new building. What to look for and what to avoid when investing. How and where to buy so as not to be deceived.

Behind last years lending to housing construction, including those involving concessional loans, has decreased significantly. Today we need to count not only on support from the state, but also on our own strengths, taking into account the possibilities in each specific situation.

For solutions housing issue OJSC "ASB Belarusbank" offers a system of construction savings: any client has the opportunity to choose the most convenient savings plan and independently determine the timing, as well as the amount of investment in the construction or purchase of housing. Through disciplined saving and borrowing against favorable interest rate, even families with quite modest income They may well realize the dream of owning their own square meters.

For more than 10 years active part the population of the Republic of Belarus successfully uses the proposed service. The construction savings system is so convenient, flexible and controllable that it allows you to change the conditions during the accumulation process: at the beginning, middle and end of the savings stage.

HOW DOES THE CONSTRUCTION SAVINGS SYSTEM WORK?

The essence of the system is quite simple, it consists of 2 stages: accumulation of 25% of the cost of housing own funds and directly lending the remaining 75% of the cost of housing.

Initially, the client is legally capable individual who wants to build housing places money on a “Housing and Savings” deposit in a bank. Annual percentage equal to the NBRB refinancing rate (as of April 1, 2017 - 15% per annum). Expense transactions for this deposit are provided only in the form non-cash transfers for the construction or purchase of housing, as well as the purchase of housing bonds.

The term for placing funds in the bank is agreed upon in advance: 3 options for a savings plan are offered, with different terms for depositing and saving funds.

FAQ

1. Do I need to be registered as needing improved housing conditions in order to become a participant in the construction savings system?

Not necessary. The service can be used by both persons who need to improve their living conditions and those who do not need to improve their living conditions. Persons entitled to preferential lending, can use the construction savings system to pay for the “extra” square meters.

2. Can System participants allocate money only for housing construction?

No. Accumulated and credit funds can be used not only for housing construction, but also for the purchase of housing, including secondary market, as well as for the purchase of housing bonds.

3. How to get a loan as quickly as possible?

In order to apply for a loan after 19 months (the minimum possible period of the savings stage), the amount of the initial contribution to the deposit account must be in the amount of the savings amount (25% of the cost of housing) or on the day the account is opened, the amount of the initial contribution is 50% of the declared amount, the remaining part is paid within 1 month from the date of account opening.

4. If there is no need for a loan, can the right to receive a loan be transferred to another person?

Can. Having accumulated funds, you can transfer your right to receive a loan to another person who is a family member or close relative of a participant in the construction savings system.

5. Under what conditions can the Housing and Savings Deposit agreement be terminated?

Upon termination of the contract or making a cash payment expense transaction Based on the deposit, the participant leaves the System. If the deposit was kept for less than 19 months, then income is paid at a reduced rate. interest rate, valid on demand deposits. If the funds were kept for 19 months or more, then interest is not recalculated at a reduced interest rate.

6. Is a commission charged when transferring funds to the developer’s account from the “Housing and Savings” deposit?

Transfers of funds to Belarusian rubles from housing savings deposits in the construction savings system of OJSC "JSSB Belarusbank" are carried out within the framework comprehensive service NO fee charged.

7. Is it possible to purchase 2 apartments using one construction savings system?

No. Within one contract housing savings a participant can build (purchase) only one residential premises.

8. Is it possible to purchase residential premises from relatives using a loan under the construction savings system?

No. Loans are not issued for the purchase of residential premises from relatives (spouse, children, parents, siblings).