Introduction
Off-plan investments, also known as pre-construction or pre-sale investments, refer to purchasing a property before it is built or completed. This means that investors buy properties that are still in the planning or construction stages. Off-plan investments have become increasingly popular in recent years due to the potential for high returns. However, like any investment, there are both pros and cons to consider. In this article, we will explore the advantages and disadvantages of off-plan investments.
Pros
1. Lower prices
One of the main attractions of off-plan investments is the lower prices compared to properties that are already built. Developers often offer discounts or incentives to buyers who purchase off-plan, making it a more affordable option for investors. This can lead to higher potential returns when the property is completed and the market value increases.
