Investing in off plan property abroad
It might be a little off-putting to pay for something that doesn't physically exist, but off-plan purchases are escalating in popularity as well as profitability. No longer an innovative procedure, off-plan property purchases are commonplace and common practice.
The Gains of Off Plan Property
Buying off plan property is the most popular type of overseas property, because prices tend to be far lower than the market average, and even quite a bit lower than the actual value of the finished property. This means you make an immediate gain once the property and/or the resort are completed.
The above is especially true of off plan resort property in emerging markets; where off-plan properties are priced anywhere from 30% to 50% to even 75% less than they will sell for on the secondary market almost immediately after the resort is completed and in operation.
Off Plan Property Risk and How to Minimize
You get such bargains in off-plan property, because there is seen to be a certain amount of risk involved in buying a property that is yet to be built, and for that reason the due diligence carried out into the company responsible for making sure your dream home or investment becomes a reality.
DSR are more notorious than famous for the lengths they go to in their due-diligence, that is, famous with clients, notorious with developers. By the time we have finished asking the developer questions, if they aren't legit, they've already quit.
We have to; we are investment property specialists, we only sell property that is capable of making our clients money, some over short period, and some over a mid-long period, but all must be capable of generating substantial gains. As off plan property, especially in emerging markets, is potentially the most lucrative investment you can make, then it stands to reason that most of our properties are off plan, and mostly in emerging markets.
Our unblemished record is evidence of the proven success of our due diligence procedures, and those in the market for a lucrative property investment, holiday home investment or just a quiet place in the sun, can buy off plan property with confidence from DSR.

