An apartment for a child as a gift for the future: how parents and grandparents can preemptively solve the housing issue

MogilevNEWS.by 14.09.2026 Parents are increasingly thinking about how to help their children with housing even before they become adults. How Belarusians address the housing issue for children and grandchildren and what savings options exist was recently examined by the portal Realt in the article “This is a springboard for a free and easy life.”

The topic is especially relevant for families who want not just to leave money for their children, but to create a financial foundation for their independent life in advance. One of the options described by specialists from “Housing Balance” is the “Apartment Savings Account.”

An apartment for a child is a gift that lasts a lifetime

For many parents, having their own home for their child becomes one of the main goals. An apartment can help a young person start an independent life without having to simultaneously deal with renting or taking on large financial obligations.

But there is an important question: what to do if the child is only a few years old and the apartment will be needed only in 10–15 years?

In this case, one can avoid waiting until the housing issue becomes urgent and start building future housing capital in advance.

The “Apartment Savings Account” from “Housing Balance” is designed exactly for such a scenario.

What is the “Apartment Savings Account”

“Apartment Savings Account” is an option for those who already own a home but want to take care of an apartment for their child or grandchild in advance.

Unlike a program where an apartment is needed in the near future, here one can choose a longer savings period. This is especially convenient for parents of young children: while the child grows, the family gradually builds funds for their future apartment.

According to information provided by Realt, citing a specialist from “Housing Balance,” this format suits those whose children or grandchildren are still young and have the possibility to plan a housing purchase for the future. A longer savings phase allows payments to be more comfortable, and to acquire property without overpayment or with minimal overpayment depending on the terms.

Moreover, the contract is concluded without tying it to a specific apartment or even a city. And if necessary during the savings process, one can change the parameters and reorient toward another property.

For example, you want to buy an apartment by the time your son or daughter turns 18, when they enter university, in the city where they will study. As the graduation approaches, plans may change, which means you can adjust the price of the housing and its location.

You can learn more about the program's conditions and calculate a suitable option during a consultation with specialists from “Housing Balance”.

Consultations will take place on September 16 and 29 at 6:00 p.m. at the company's office located at 5 Yatsyno Street, office 325.

Pre‑registration is mandatory! You can register by phone at +375 (29) 280‑98‑86 or on the website. The number of spots is limited.

And if you need an apartment right now?

“Apartment Savings” is suited for long‑term planning. If the child has already grown up, is entering university, or is starting an independent life and needs housing in the near future, specialists from “Housing Balance” propose another option — an apartment installment plan with a short savings phase.

As an expert notes in the Realt article, the savings phase in such a case can last from 7 months to 4 years, and the maximum installment period is up to 15 years.

Thus, there are two different scenarios:

Apartment needed soon — savings + installment.

Apartment needed for the child in the future — “Apartment Savings”.

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Source: mogilevnews.by

Topics: Economy

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