When buying an apartment, many people choose a turnkey finishing option. What does it actually mean? What are the advantages and disadvantages of this solution? Is it worth it? We invite you to read our article, where you will find answers to all these questions.
Turnkey apartment finishing – what does it mean?
A turnkey-finished apartment refers to a property that is fully completed and ready to move into. This means that all finishing works have already been carried out. This includes painted walls and installed flooring in all rooms, as well as a fully finished bathroom. In some cases, kitchen cabinets and built-in wardrobes are also installed.
The final level of finishing depends on the developer’s offer or the agreement with a finishing company. There are different options, most commonly available in economy, standard, and premium versions. These differ in price — the higher the finishing standard, the higher the cost.
It is also worth noting that in a turnkey apartment, the only remaining task is furnishing and adding household appliances.
Advantages of buying a turnkey-finished apartment
Choosing a turnkey-finished apartment has many advantages. The most important one is that you can move in immediately. You only need to add essential furniture and appliances. This saves a significant amount of time and reduces stress, as finishing works usually require coordination and organization.
Delays often occur due to the unavailability of materials or unreliable contractors. By choosing a turnkey apartment, you do not need to spend time researching finishing solutions, matching colors of walls and floors, or planning interior design.
Disadvantages of a turnkey apartment
Unfortunately, there are also some disadvantages. The biggest one is the higher purchase price compared to an apartment in a raw or unfinished state. This means a higher initial investment.
If you finish the apartment on your own, you can spread the costs over time instead of paying everything upfront. Another disadvantage is the limited influence on the final design. Even though developers may offer several finishing variants, customization options are still limited.
As a result, turnkey finishes are usually universal solutions designed to appeal to the widest possible group of buyers.
Turnkey finishing by a developer vs finishing company – which is better?
Turnkey apartments are most often offered directly by developers. When purchasing a property, you can choose the finishing standard. Another option is buying an apartment in a raw state and hiring a finishing company to complete the work.
Which option is better depends on individual preferences and budget. However, with developer packages, the finishing is usually based on predefined options, and customization is often limited. In many cases, the finish is standardized across multiple units.
Cost of turnkey finishing – what does it depend on?
The cost of turnkey finishing depends mainly on the standard, but also on the location of the property. On average, it is estimated at around 10% of the apartment’s value.
The price differences between options result from the quality of materials and the scope of work. The basic version includes flooring, wall finishing, installations, and standard sanitary fittings using mid-range materials. The premium version includes full interior finishing using high-quality materials and a more comprehensive scope of work.
Is it worth choosing a finishing company?
Choosing a professional finishing company provides greater certainty that deadlines will be met. A reliable contractor ensures timely and precise execution of all works. It also eliminates the need to coordinate multiple teams, as one company handles the entire process.
A signed contract usually includes a written warranty, fixed price, completion timeline, and quality assurance. In addition, there is no need to constantly supervise the work or worry about mistakes, as specialists handle everything professionally.
Hiring a finishing company is especially beneficial for busy people or those without experience in renovation work. It is a practical solution that significantly speeds up the process of moving into your dream apartment.
