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Off plan investment
information
Why is it so good?
The following factors all help increase the
value of a development during construction:
(1) Lower than ‘market’
prices offered by the developer.
The developer is keen to sell the properties as quickly
as possible (get a better interest rate from his funding
bank etc) so prices are normally very competitive and
below those of equivalent nearby schemes. Some
developers attract early investment with lower than
normal purchase prices.
(2) The Best properties
get sold first.
Normally when an off plan development is released a
pattern emerges, i.e. penthouses, corner units, those
with better views sell first - these will then resale
easiest first and with the greatest gain.
(3) Show home available/building
commences.
As the main structure of the development starts to take
shape or a show home is opened, prices normally
increase substantially as prospective purchasers
can see and get a better idea of what the finished development
and individual homes will look like.
(4) More homes sold.
As the developer starts to sell more properties, the
original prices will continue to increase which means
that if you wish to sell your off plan property it is
obviously going to be worth the same or more as those
on offer in the latest phases, because it was a prime
BUY in EARLY SITUATION.
(5) Final Completion
achieved.
When the development is completed you will be the owner
of a brand new apartment/villa in a new development
with beautiful gardens and pools. A buyer at this stage
will be prepared to pay significantly more for a home
they can move into or rent out immediately rather than
when the development was just a plan on a piece of paper
and a plot of land. Remember two years have probably
passed at this stage the value has risen considerably
now! Mortgage facilities can be put into place to make
life easy for the new buyer or release capital for a
new investment if you decide to go down the rental route.
Basically there is no down side
to this situation what a great
investment this is!
It is not uncommon for a property
to be bought and sold before a brick has been laid and
even sold again several times before final completion.
One of the reasons for selling before
completion is that there are often NO local taxes or
registry fees to be paid by you!
1st offplan.com the
only way for safe offplan purchase.
How does 1st offplan fit in, and what do we
do for you?
We find developments with a difference, using local
knowledge, connections and calling on various experts
with years of experience. We look for developments that
are more likely to show a greater return faster!
We very often shun normal destinations, and look at
the bigger picture. We cut out go between agents and
go straight to the developer, then we negotiate on behalf
of our members to see that the conditions are conclusive
to our members overall aims and goals.
Once we have checked planning licence's and the track
record of the developer we offer the project to you
the member, by this time you are onto a pretty sure
thing!
We go onto make buying into an off plan development
fast, safe and easy, many of the best projects never
make the web site as they are offered before planning
has been granted, on the day planning is in place we
sell them by email.
Reservations can be made or for information on any
project
reservations@1stoffplan.com
Membership is free go to …….members
page
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