Buying a property “Off The Plan” is an attractive investment option, which promises wholesale prices, low deposits, long settlements and future capital growth.
But if “Off The Plan” is purchased without any research or right experience can also come with hidden risks, unsubstantiated assumptions and traps.
Pro-Active Investment Group reveals the essential research you must undertake if you’re considering buying off the plan. We also often come up with fully researched done properties on board to make your investment decision better.
Q: If you were investing in a property, what are the key features you would want in the property?
Pro-Active Karan: Good location, close to transport, shops and the amenities. Ideally you want a property in an area with little to no chance of new surrounding development and one that appeals to the majority of the market (ie. the current rental pool and future buyers).