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By definition, off-plan investing means to purchase a property based on architect's drawings. Though all necessary permissions have been obtained by the developer, the building work is not completed at the time of purchase.
There are great advantages when purchasing property off-plan. Here are the some of them:
1. Off-plan properties are usually offered at a discounted price
In order to sell the development faster and at an early stage, property developers grant a discount off the actual market value.
2. Less cash tied up
To initiate the off-plan purchase, a cash amount of 25-40% of the total property price is usually sufficient. The remainder is often paid upon certain completion stages of the property or the development.
3. Built in profit
The time of the building process usually takes in between 8-18 months. At the time of purchase, the property price was set at the current market value. As property prices go up as they usually do, the property investor is enjoying already a property appreciation throughout the construction period. The property investor can sell the property to a new owner shortly after the completion at a higher price than he bought it for.
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Sunset Kosharitsa III: Full facilities on-site. Unbelievable price!.
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27 sq.m.
Apartments for sale near Sunny Beach
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Just 4 minutes walking from the Gondola of Bansko and less ... more
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Apartments for sale in Sveti Vlas
Porto Paradiso: your assurance of ultimate prestige. Porto Paradiso
set on the last beach-front plot of land in the exclusive location of Marina Dinevi ... more
€ 75,863
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Apartments for sale in Sofia
Venus: masterpiece of tasteful architecture & elaborate accents . Resplendent and marvelously designed, Venus shall overjoy and astonish even the most exigent buyers ... more
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Apartments for sale in Varna
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Apartments for sale in Sofia
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82 sq.m.
Apartments for sale in Burgas
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a front-line coast location, set in ... more
€ 53,152
3000 sq.m.
50 sq.m.
Apartments for sale near Balchik
Lighthouse Golf Resort & Spa: luxury re-defined.
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€ 73,700
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53 sq.m.
Apartments for sale in Golden Sands
Riviera Bay Residential Complex. If this is the year that you intend to snatch up that holiday home under the sun that you have ... more
€ 96,800
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Apartments for sale in Gabrovo
Gabrovo Hills: every families dream, every investors delight. GABROVO HILLS: An exclusive luxury 4-star development in Gabrovo, at the foot of the Balkan ... more
€ 22,000
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Apartments for sale in Pamporovo
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Apartments for sale near Golden Sands
Cabacum Beach Residence & Spa: the art of living well. If in your imagination the art of living involves luxury style, quality and beautiful sea come and ... more
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Apartments for sale in Golden Sands
Golden Anchor Apartment Complex. If this is the year that you intend to snatch up that holiday home under the sun that you have ... more
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