Off-plan development is experiencing the highest sales level and its enhance by the ability to negotiate a discount before the property is built or still under construction.
While purchasing property as an investment, it’s vital to look for some key benefits of high returns and capital growth. Purchasing off-plan is a different buying process compared to pre-built buy to let property.
Buying off-plan property has many benefits:
Buying prices are remarkably lower than normal. Purchasing an off-plan property is to be able to secure the property at a below-market price. Sometimes the developers want to show a certain level of sales before marketing the development or to sell as plenty units as possible before the completion. Few developers also offer extra discounts for investors buying much property one time as an added bonus. Negotiate in person with developers for the best discounts for clients on an off-plan property because of our ability to sell large numbers of properties fast and efficient.
Capability to re-sell at a profit before completion
Your property will likely go up in value before completion. Investors can choose to keep their property up for sale for a higher market price.
However, it can be a good strategy for investors to make a quick profit. you would see a lot of capital growth advantage by tenanting the property.
Small deposit and staged payments
Some off-plan deals have extra benefit payments. This payment can help spread the cost of the bought property without a large deposit.