subject: Why Buy Off-plan Properties Overseas [print this page] Off plan properties have been the hot investment option these days. This is an investment option that has beaten all other conventional and yet high returns investment options.
The reason is that while other conventional investment options focus on investing money in the market and giving back good returns, off plan properties have not only been giving high returns, but have been combining leisure and great entertainment as a package.
An off plan property overseas allows you to own a property, enjoy a holiday in the property and at the same time, earn high returns from this as an investment tool. No wonder than that this has become a hot property for investment.
You have very sound reasons to invest in off plan properties and some of these reasons are listed below:
Off plan properties, as an investment property abroad, has the potential to give you a return of a minimum of 20% to 100% in just a period of 24 months.
Some countries offer tax free investments as a sop and hence you can earn tax free returns as a yield and the interest and the rent you earn from the property for investment can also become tax free, depending on the country.
The off plan properties have a tendency to appreciate their value very quickly which means that you earn high yield on your investments very quickly.
Buying off plan properties as an overseas property for investment is very convenient too, financially. You need to just pay 10-30% of the total cost and the remaining price can be paid on completion of the property or in staggered payments basis. It is also very easy to arrange for mortgage finance.
Another reason why off plan properties are a lucrative form of investment is that as an owner, you get to earn interest from the builder of the property. The builder of the property pays you interest till the time the property becomes fully operational.
Off plan properties usually are associated with high profile leisure resorts abroad and they also invite celebrities to the resorts. In other words, there is a lot of effort on publicity and promotion of the property. All these translate into customers and more income from your property.
Other than giving out your property on rent and earning high income, you can also enjoy staying in your property for a specific duration of the year.
Hence, an off plan property for investment is always a lucrative option for investment. You can also participate in pensions investments and be the owner of a property. The Caribbean investments have been the frontrunner, as far as the off plan property investment goes overseas.
