Off plan property is the smart way to go about purchasing or investing in property.
Have you ever wondered where the smart property investors make their real money?
Or how your friends have managed to build such a perfect home or townhouse for just a fraction of the cost that you spent?
Ever spent days, weeks, months, researching property market trends in existing areas only to see a shift in market confidence or a knee jerk reaction from the finance sector which brings all your hard work and research undone?
Off plan property investing is the smart approach to property investing.
Whether you are looking to build your capital pool to start an investment portfolio which will provide equity and income for you and your family for many years to come.
Or trying to secure that perfect first house, townhouse, duplex or apartment to make your home.
Whether you are playing the short, mid or long term investment game, off plan property has a range of options and is loaded with benefits that investors at the back end of the market miss out on.
What is off plan property?
Off plan property is quite literally exactly what it reads in black and white. Investing your money in property development off a plan before so much as a shovel has been turned in the ground.
What are the benefits of off the plan property purchasing?
New off the plan property purchasing offers tremendous savings over established property purchasing. Depending on your state or jurisdiction there is potential for tens of thousands of dollars in savings just on stamp duty alone.
There are also tax depreciation benefits as well as a myriad of other potential savings.
What are the cost benefits once the property is built?
Whether you have purchased a house, townhouse, duplex, villa or apartment as an investment or to live in, you will literally be walking into a new home.
An older existing dwelling that you could have purchased for the same price may be riddled with ageing structure and unforeseen issues which can amount to tremendous, ongoing running costs.
That, along with the reduced stress and time allocated to attending to property maintenance issues are just some of a range of benefits off the plan property offers.
Don’t waste time and money on renovations when you can pick your ideal property off the plan
Renovation money is largely dead money in property investment allocation. Aside from having to finance the renovation, there are very little tax benefits on offer for renovators and it is widely known that you will only ever recoup but a fraction of the money you spent to renovate on your resale value.
Purchase off the plan at today’s price, not the price your property would be worth on completion
The property market is on the rise, particularly in areas where off the plan purchasing is available.
Buying off the plan allows you to secure the best finance available at the time along with securing your property at current market prices.
By purchasing off the plan, there is every chance you will see an increase in your property value before construction is even completed on your new house, townhouse, duplex, villa or apartment.
Off the plan property is not only the smartest, but the cheapest way into the property market
With just an initial deposit required, this allows you the construction period to secure the full finance amount.
So now it is easy to see why off plan property is the way to go. Stay on point in the property market with ‘Off Plan Property Investing’.