When it comes to real estate investment, off the plan apartments are becoming an increasingly popular option, thanks to a number of attractive features:
1. Pre-construction prices – often, off the plan apartments are offered at a discount to market value, as developers are keen to secure buyers early on in the construction process. This can provide investors with a great opportunity to secure a property at a lower price point.
2. Potential capital growth – as an apartment nears completion and its value on the market begins to rise, so too does the potential for capital growth. Off the plan apartments that are well located and well designed are likely to experience the highest levels of growth, making them an excellent investment option.
3. Rental demand – high rental demand is another key factor that can drive capital growth in off the plan apartments. With a limited supply of rental properties in many areas, off the plan apartments can be in high demand from tenants, which can result in healthy rental returns for investors.
4. Flexibility – purchasing an off the plan apartment provides investors with a high level of flexibility, as they are able to choose from a range of floor plans and finishes that meet their specific needs and requirements
Jeffrey Zhou, renowned commercial real estate agent in Sydney offering real estate services especially on commercial property for sale. Looking for commercial real estate for sale, Jeffrey Zhou is happy to assist you in commercial property investment. To know more visit us
