These are the benefits that off plan properties have to offer
How does it work?
To hedge financial risk and debts, the developers of many projects will sell units off-plan. They will sell units off plan because they believe that if a buyer cannot see a completed physical property at the beginning, the price demanded will be lower, while reliance will be kept purely on the reputation of the developer, the location of the property, the artistic impressions and simulations to base their decision to purchase on.
In addition to the excellent off plan prices which you receive, some highly efficient and beneficial financing structures are often in place. It is often, that you only need to pay around 20-40% of the purchase price in the form of a deposit, while the can be paid upon completion. This can often be financed by a mortgage if necessary.
If you make the decision to invest in an off plan property, you will need to fine tune your strategy to achieve the desired returns on your investment which you expect to receive. Binayah Real Estate will help you choose the most appropriate investment strategy and also assist you in finding the property that is best suited to your investment needs.