Investing in off plan property involves buying a unit before it is built usually at a lower price point and with a payment plan but with a waiting period for completion. Ready property allows for immediate rental income but typically requires a larg…
Investing in off plan property involves buying a unit before it is built usually at a lower price point and with a payment plan but with a waiting period for completion. Ready property allows for immediate rental income but typically requires a large upfront payment of the full purchase price plus fees. Off plan is generally better for capital appreciation and ease of entry while ready property is suited for those seeking immediate cash flow or a home to live in right away.
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