Buying Off-Plan is quickly becoming the norm savvy investors...

Purchasing real estate in this manner offers many benefits, most notably the ability to manage the finishing, and most attractive the discount opportunity, which in turn allows the developer to sell off stock quickly and obtain liquid asset to secure the construction phase. Likewise, the investor obtains the benefit of capital growth as the development property progresses.

The concept is outlined as follows: the buyer pays a deposit for a fixed purchase price definitely inferior to the final purchase price at completion. For larger sites there is a marked increase between each phase of the development.

When undertaking an off plan purchase, it is important that the investor make him or herself aware of information such as the developer’s status, history and financial security, plan floor layouts, building specifications, tax issues and the area perspective.

…or why not “flip” your property on….

Another advantage of purchasing off plan is the ability to resell the property before completion, otherwise known as “flipping”. This is a fast way to make money while avoiding the additional responsibilities of tenant management, furnishing, rent collection, as well as mortgage and insurance payments.

According to Off Plan International, interest in overseas property investment has increased in recent years because of low rates and healthy stock market returns.

When seeking an off plan investment, it is important that the investor finds an agency that has thorough experience and expertise with this type of investing, such as IMOINVEST International, who actively seek out the best developments worldwide for quick profit. For example, Burj View developments in the UAE, offered by IMOINVEST International, expect a healthy rental income up to 12%. This property completes in 2008, and is located in a premium business center with urban surroundings, lakes and gardens. This property is a perfect low risk investment, with a low 10% deposit and high area capital appreciation trends above 15%-20% per annum.