Property Investor features a large selection of Investment Properties
throughout Australia. Investing in an off the plan property has
become an extremely viable choice in the current market place. There are
a number of reasons for this, not least of which is the lower financial
risk associated with purchasing at an earlier time, and the ease with
which financial institutions can be convinced to lend capital due to the
time available to sell the properties before construction begins.
In the beginning stages of the process it is obviously more beneficial
to the seller to obtain strong sales off the plan because this is the
main reason for the decrease in risk and helps with the financial security
of the project.
Another bonus for purchasing at this early stage is the savings that can
be made through stamp duty. By purchasing at this preliminary stage, before
the building of the property, you can save a considerable amount on the
stamp duty that you would otherwise pay. As you would pay the stamp duty
before construction of the property, the duty itself would be based only
the land value as there would be no building ‘settled’.
Considerable capital gains can also be made by buying the property off
plan because you get the fixed purchase price at the time of the sale
and therefore in a market that is experiencing rising prices you will
be gaining right from the initial investment.
Having the ability to choose the various fixtures and fittings for the
properties is of value to the investor because you will have greater ability
to tailor your property to the needs of the market place as they stand
at the time of your purchase.
Please visit us online to view: Off the Plan Investment Properties