Pros & Cons of Buying Off The Plan Property
As with most things in life, there are reasons for and reasons against buying Off The Plan property. Before we delve into the pros and cons of buying Off The Plan it is worth mentioning that when most people hear the term “Off The Plan” they immediately think of high-rise apartment towers, which is only one form of property that is sold this way.
Various Types of Off The Plan
There are various types of property that can be purchased Off The Plan, such as stand alone townhouses, side by side townhouses, luxury homes, apartments, penthouse apartments, house knock down rebuilds and new homes built on a large block of land.
It really depends on your preferences and your personal circumstances as to whether you take the path of new or established property. More importantly it should rest on getting the right advice and guidance from suitably qualified and experienced professionals, as there are many pitfalls associated with new or established property.
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