Off Plan Projects & New Homes
Some property investors prefer to purchase off plan properties and new homes instead of developing a ready-made rental portfolio.
This is because their strategy is to focus on a greater capital gain. However, whilst the gain can be higher it does represent a greater risk as the property is off plan (This means it’s either at launch stage or under construction).
Buying off plan means an investor is purchasing a property 18-24 months before it's complete. By doing this it means the property will be cheaper than it’s eventual value once it’s handed over to be occupied.
By being cheaper means there will be more capital appreciation or profit for the investor. When buying off plan, you don’t pay 100% upfront. The payment for the property is spread over a payment plan that is usually linked to construction stages. Some Developers add restrictions so that you can only sell the property after you’ve paid a certain amount, which is in place to prevent speculators from purchasing.
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3-6 bedroom townhouses and villas + town houses
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A place where nature and extraordinary living flourish
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1-3 bedroom apartments
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1-4 bedroom apartments villas + town houses
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