Off Plan

Buying off plan property has provided many people with an excellent means of investing in an apartment or villa overseas. With off plan properties, it is general practice to pay a small amount of the purchase price up-front, as a deposit, before construction has properly started, and only pay the rest after the building has been completed.

Buying off plan property means reserving a property on a new development when it is still at the planning stage. Prices are normally extremely competitive at this early stage, so off plan property investment is a good idea if you're interested in increasing your capital in the short term, while minimising the amount of money needed to make a bricks and mortar purchase initially. An off plan property investment is a great way of buying a place for the future without having to pay a large amount of money at the outset. It has great benefits for both developer and buyer. The developer is able to attract money to the project while it is still at the beginning of production, meaning less reliance on the bank and minimising his risk, and the buyer gets a bargain property at a discounted price, which can later be sold for profit on completion, or even before completion.

In this way off plan property investments allow you to maximise your investment returns in a short space of time without having to put down a large sum of money in the short term. Some off plan investment property purchases have seen spectacular returns, such as recently purchased off plan property Dubai. One of the reasons why off plan property investments have been so successful is because maintenance is low while rental income is high - usually more than enough to cover the 70% mortgage you will need.

When purchasing an off plan property abroad, in particular an off plan property Dubai, it's not just the prospect of providing buyers with a dream home or a high quality rental apartment, it's also giving them the luxury lifestyle they aspire to, with private gyms and swimming pools included in the price.

Off plan properties can bring you a great financial reward, but it's important to take the correct advice from professionals experienced in property investment. We encourage you to get in touch with a member of our team on 020 7373 3433 to discuss your off plan property investments, and put you in touch with people who can help you with your off plan property purchase.