Selling on contracts for new apt? Can it be done?

[bride2be78]

We bought an apartment of the plans last year. We paid our €25k deposit and signed contracts.

The price of our apartment has gone up from €390-€460k so effectively we have made €95k.

A new release of houses has gone on sale. Friends of ours sold on their contracts before they closed and made €60k. We thought we could do the same but the estate agent has said we cannot do that with our apartment and the only way we can sell it on is if we close contracts and put it back on the market.

Our apt is not ready until January?

My question is how come one estate agents did this for our friends but ours are stating we cannot do the same? The phrase we were told for this procedure was "Flipping"?

 

[mf1]

There are a lot of posts on this. Do a search.
Whatever about your friend, your contract very likely precludes you doing this. In general, if there is a profit to be made, the deveoper would like to make it.

mf

 

[CCOVICH]

If you search for 'flipping' there are plenty of recent threads on the topic, like this one.

Thread locked.