Imagine... you're buying an off plan property tomorrow.
The sale price is £175k but the developer discounts it and you buy at £150k. You've already made £25k profit on the off plan deal. You secure an 85% mortgage and put down £23k deposit. You've chosen your market and location very carefully and you're confident that the property will increase in value before completion, at least as much as the original asking price. You also know that, if the market continues to grow, it's likely to increase another £50k in the next five years.
It means you make a £75k gain over five years from an initial deposit of £23k. (And that £23k is still invested in your property, of course!) Always remember that the biggest gains from property are over the long term.
Buying off plan property - the process
Build a portfolio
At an appropriate time you remortgage the property, take out some equity and put it down on another off plan property - and you watch the same thing happen. But this time you enjoy cumulative capital growth on two properties at the same time - and all from your initial £23k investment. And so on. It's a powerful process - but only if you do your research thoroughly and invest wisely from the start.
Why not let us help you? Don't be swept along by what the newspapers say is the latest money-making 'hotspot'. Research the potential in a variety of countries. There are many newly-emerging property markets to explore today.
Tap into our knowledge - for FREE
Research can take time. Contact Seek & Buy Properties today and tap into our own knowledge. We research overseas off plan property opportunities all the time - and we can save you the time and money of having to do all of it yourself. Remember, there's no charge for our service and no obligation to buy.
How do you weigh up future rental returns against the amount of deposit you put down? What flexibility do you have in the way you structure the original deal? How much cash would you need for additional properties?
By speaking to people who've done it before and who know the market you're looking at, you can save yourself a lot of stress.
Plan ahead and invest wisely
What do you want to achieve and what you want to do with the property once you complete? Are you looking for a long- or short-term gain? How can you best spread your risk yet reap the easiest return?
We can show you off plan property opportunities in undiscovered hide-aways or at the heart of hustle and bustle. Whether you want warmth and sunshine, mountains and snow, golf, water sports or relaxation, we'll take each step with you. We'll show you the current level of inward investment and infrastructure in a particular market, we can help you explore guaranteed rental options and we'll explain all the legal and financial issues to consider.
We provide a friendly and professional service and want you to feel entirely satisfied
with your decision before you complete.
We will not push you into buying something that is unsuitable or doesn't meet your
investment requirements.
Please contact us today to find out more.
"And remember, there's no obligation at all on your part."
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And if you'd like to pop into our office in Stamford in Lincolnshire, you'll enjoy a warm
welcome when you arrive and a lot more knowledge about investing off plan when you leave.
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