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How to know if a construction company is reliable - La Nacion Propiedades
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Cómo saber si una empresa constructora es confiable
Punto por punto, qué hay que tener en cuenta a la hora de comprar una propiedad que todavía no existe
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May 25, 2025
Point by point, what to keep in mind when buying a property that doesn't yet exist
How to know if a construction company is reliableFabian Marelli
At a time when the possibility of owning a home is once again on the agenda, many are wondering what to consider when purchasing a home through a construction company.
There are several ways to access a property, although the most popular include buying with savings, inheritance, credit, or through construction. Looking at the latter in particular, it offers several advantages, including the possibility of financing the unit during the construction process and paying for it in pesos, given that it involves purchasing a property before construction or in its early stages. Furthermore, the property appreciates in value as the project progresses, so those who buy off the bat can receive a return of up to 30%.
Those who buy on the hole can receive a return of up to 30%. Shutterstock
It's worth clarifying that the entire investment cannot be financed: developers generally require an average down payment of 30% of the value and installments in pesos, adjustable by the Argentine Chamber of Construction (CAC) index , which increase in line with inflation. It's also important to keep in mind that, given the instability that has characterized our country over the years, it's never possible to know in advance whether the apartment under construction will cost more or less, in dollars, once completed.
How do you know if a construction company is trustworthy?
Since what is being purchased often does not yet exist, there is sometimes a certain fear about the possibility that, after payment for the apartment has been made, the apartment will actually be delivered.In this regard, some tips are suggested:
- Review all the seller's documentation at the time of signing. This includes the project plan, which must be approved before construction can begin.
- Request the title deed for the land.
- If a trust is in charge, the contract for this should be requested, in addition to the inhibition and ownership reports , since these certify that the land being purchased is debt-free and that the seller is not inhibited from selling.
- Find references about the construction company : either by visiting completed projects, contacting people who have purchased previous projects, or requesting a portfolio of their previous projects. This way, you can learn about the company's track record firsthand.
- Review the developer's track record on deadlines : A delivery date is always planned, but it may vary slightly due to delays in receiving funding or factors such as weather; however, a delivery that is a few months late is not the same as one that is years late.
- Ask about the quality of the materials, the brands they will use, and the suppliers they will turn to.
- Budget transparency : Ask for clear details of the expenses that will be incurred.
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