The upside of buying an off-the-plan townhouse or apartment should be competitive pricing compared with similar properties already built. That’s the pay-off for committing to purchase a property based on scale model, artist impressions and a floor plan. And because its nature, the transaction process differs from buying an existing apartment or a house. Typically,…
Read more
Buying property is always exciting and is often wonderfully life-changing. Off-the-plan apartments have become an increasingly popular way to enter the market, or move up the property ladder. It’s important to understand how purchasing off the plan differs from buying an existing property at auction for through private treaty. Off-the-plan buying gives you the opportunity…
Read more
New apartment blocks are being built in our major cities all the time, and the idea of owning a brand new unit with a swimming pool, gym and underground parking is alluring. For a piece of the action, though, you usually have to buy off-the-plan and then wait for construction to finish before moving in.…
Read more
Buying off-the-plan offers you a great opportunity to make a profit from real estate but is always a calculated risk. With a development planned, or in the midst of construction, you’ll can sometimes gain an advantageous price compared with completed buildings, and a 10% deposit gets you in the market quickly. If property values are…
Read more
When beginning a major construction, such as a new home or a remodeling project, one of the first decisions to make is whether to use an architect. They’re not cheap but they can add substantial value. Their building and design expertise can save you thousands of dollars in the construction phase and offer a significant…
Read more
Condo shopping can be a lot of fun but it’s risky without a plan. And it can be even harder if you’re considering buying new where you can’t actually see the finished product yet. Smart buyers consider each property with a clear vision for what they want, and they will not compromise until they’ve found…
Read more
New apartment buildings and condos are offering a lot more than just a couple of bedrooms, a lift and a hotel-style bathroom. As an experienced real estate agent, I’ve become familiar with fashions and trends that come and go with new apartment buildings. The innovations we’re seeing right now are a great response to what…
Read more
Buying off-the-plan is a calculated risk. An advantageous price and delayed full payment gets you in the market quickly. If you catch a seller’s market, the apartment will gain in value during the construction phase. You’ll likely make good money for the price of a 10 per cent deposit. Of course, it can go the…
Read more
New apartment blocks are being built in our major cities all the time, and the idea of owning a brand new unit with a swimming pool, gym and underground parking is alluring. For a piece of the action, though, you usually have to buy off-the-plan and then wait for construction to finish before moving in.…
Read more
Buying an apartment or townhouse off the plan is a completely different process from buying a previously owned property. The most tangible asset on which to make a judgment is the land component. All you have to go on is a floor plan, scale models, photographic simulations and the reputation of the developer which can…
Read more
