Off Plan investments

Haxtons are pleased to offer new property development projects situated in countries and areas that we consider to be interesting and good value. The world is becoming more global. More people are investing in more countries. The Spanish market has been a great example, mainly because of the low prices and infrastructure in comparison to their native countries. The Spanish real estate market continues to be a very interesting way of generating profits in a relatively short period of time, but there are many others, Dubai, Bulgaria, Estonia, etc.

The prices of the new developments generally increase during construction. When the buildings project is released, it is common that values will increase on average by 10%; plus a further 10% when the show flat is finished, then a further 10% when the gardens and outside areas are completed. All this subject to the development, number of units, country etc.

Investors familiar with this process obtain very interesting benefits. They can reserve one or more apartments before starting construction. If this is the case, the developer will generally ask the investor to pay between 10 and 35% of the total price of the property whilst construction commences (normally 18 to 24 months) and the rest will be paid on completion and when the mortgage is obtained through one of our approved lenders.


PROFITS ARE MADE WHEN YOU BUY NOT WHEN YOU SELL

• Buy well!!! Know when and where to buy.
• Depending on the location of a development, they all generally increase in price an average 10-15%, sometimes more.
• Profit is made on total price, even if only a down payment is all that has been paid.
• Developer payment schemes vary, in many cases only a 10-35% of total price is required to be paid, the rest upon completion. (It is common for a mortgage to be "guaranteed" once a deposit has been paid)
• Developments are built over a 1-2 year period.
• All properties can be re-sold at any time.

Web contact

Request a call Back

Send to a friend

View printer friendly

Be the first to do a review or give this a star rating!!!