The pros of buying off plan
Firstly what does “buying off plan mean?” Very simply it means buying the house before it is built. In these simple terms the idea of buying off plan may sound risky but in fact it is quite the opposite. It is no different to any other major investment.
There are many rewards for people who buy off plan, including the savings that can be made. Paying under the market value for a dream home has to be a big incentive. For example Angel Homes Prestige Villas were sold off plan £20,000 cheaper than the same property completed and sold 6 months later.
If you choose off plan the property could appreciate by as much as 30% which can be no bad thing. One day you may decide that you wish to sell your property and the chances are that you will receive a much better return than if you purchased your property when complete with the savings that you made in your initial investment.
Another financial benefit are payment plans. Normally with a deposit paid of say 20% to 30% payment plans can be set up giving you flexibility and security for the duration of the build.
Taking all of that into consideration and agreed the financial benefits are extremely important, who would not want a say in how their dream home is built and designed? With off plan you can work with the architects and make small changes to room sizes, pick you own floor coverings, tiles, sinks and hardware. Contributing your ideas and choosing your decor and the design of your forever home. You can even choose your desired plot if you choose early enough
Some critics may say that you are buying before you see the finished product but with technology today you can see 3D images and even a virtual walk through of the property. A reputable company like Angel Homes can also show you finished properties to back up their quality product and skilled workmanship, and not forgetting that by buying off plan you will be getting the best and most up to date techniques for your home.
Angel Homes have a very busy winter ahead with off plan properties all over the area as far afield as Faralya so if you want to take advantage of this major financial leg up watch this space! But before you go here is a recap as to why buying off plan is a good choice.
- Purchasing property below market value
- Value of property rises as the building completes
- High return on your investment
- Flexible payment terms
- Choose your own internal finishings and personalise your home
- Pick the best plot
- Work alongside the architects to design your dream property