May 9, 2025
Off-plan properties, purchased before construction completion, offer several benefits to investors. These include lower purchase prices, flexible payment plans, and the potential for significant capital appreciation by the time of project completion. Investors can also customize certain aspects of the property, ensuring it meets their preferences or market demands. Additionally, buying off-plan allows investors to enter high-demand markets that might be otherwise unaffordable. However, it's crucial to research the developer's track record and ensure legal protections are in place to mitigate risks associated with construction delays or project cancellations.