What is the casco purchase of a house?
Definition, advantages, and disadvantages of purchasing a shell property before launching.
What is a shell property?
A casco real estate property is a property sold in raw condition, without interior finishes. Only the closed shell work is completed. The walls, floors, and ceilings are left raw, without coverings, and all interior fittings must be carried out by the buyer, from electricity to plumbing.
Buying a casco property therefore implies planning for work before being able to move in, but offers great freedom of customization.
Why buy a shell property?
The purchase of a shell property has several advantages. These properties are typically offered at a lower price than finished dwellings, as the costs of development are borne by the buyer.
This allows for savings by choosing one's materials and carrying out certain works oneself. It is also an opportunity to fully customize the property according to one's tastes and needs, while increasing its value once the work is completed.
Disadvantages and points of caution before getting started
Purchasing a shell property, however, involves significant constraints. The finishing costs can be high and exceed initial estimates. The project requires time, rigorous coordination of stakeholders, and sometimes the need to find alternative accommodation during the work.
It is also necessary to anticipate administrative procedures: urban planning permits, electrical compliance, energy performance certificate, and other regulatory obligations. Before embarking on this, it is essential to carefully evaluate your budget, available time, and capacity to manage a renovation project.
