Vet a developer on permits and land status, delivery history and delays, construction pace, the contract (claim protection, liability for delay) and reputation. A company first project is higher risk, offset by a strong contract and payments tied to construction milestones.
1. Permits and land status
The project must hold a valid construction permit, and the land plot must be registered and suitable for such development. A completed building must have a commissioning act. Missing or mismatched documents are a common cause of stalled construction and title problems.
2. Delivery history and delays
How many projects the developer has already delivered, with what delays against the stated timelines and at what quality. A company first project is always higher risk than a fifth delivered building. Look at what is actually built, not only at renders of future towers.
3. Financial resilience and construction pace
Construction funded by buyers is sensitive to the pace of sales. Indirect signs of resilience: real activity on site, the current stage matching the schedule, the share of units sold, and other ongoing projects not draining resources. Photos and video from the site as of the check date matter more than a sales manager words.
4. Contract and protecting your claim
Until the building is commissioned you own a claim. It is protected by: registering the developer contract in the public registry, a clear subject and floor area, a price-recalculation rule for discrepancies, a schedule tied to milestones, and refund terms if deadlines slip.
- Who the contracting party is and whether it matches the land owner.
- The developer liability for late handover, not only yours for late payment.
- What the price includes: finishing, utilities, commissioning paperwork.
- The procedure and grounds for a refund.
5. Reputation: reviews, disputes, communities
Reviews from buyers of earlier phases, mentions in court disputes, discussions in local and expat communities. One negative review is normal; a pattern of delays and broken promises is a signal. Check primary sources, not just the developer own website.
Red flags
A few signs that should make you pause and re-check.
- No construction permit, or inconsistent data about the plot.
- Price-only-today pressure and refusal to hand over the contract to study.
- Payment to a personal card or in cash with no contract and no registration.
- Construction is idle while the handover date keeps slipping without explanation.
What the buyer representative does
GeoTrust collects and verifies the developer documents, assesses the history and pace of construction, reviews the contract and arranges a record of the site condition — on the buyer side and before the first payment. The fee is reduced by any documented seller commission.
Related questions
Can a developer be vetted remotely?
Yes. Documents, history, the contract and reputation are checked remotely; a representative records the site condition with photo and video as of the check date.
Is a developer first project always dangerous?
Not always, but the risk is higher and must be offset: a strong contract, a registered claim, payments tied to milestones and a smaller down payment. The decision is made on the whole picture, not one factor.
Does a well-known brand guarantee there will be no problems?
No. A name lowers risk, but the specific project, plot and contract still need checking — terms differ between projects of the same developer.
Sources and official resources
Legal and tax details are confirmed by a specialised lawyer under the law in force on the transaction date.
Pre-deposit apartment check: the checklistInterest-free developer installments