Egypt Prime Location

Egypt Prime Location
Property Details Sheet
Printed On: 26 May 2013
http://www.egyptprimelocation.com/off-plan-properties

Off-plan Advantages

To purchase an "off plan" property means simply to make the decision to buy a Property before it is built, and there are many obvious advantages of this Practice.

The biggest advantage is the opportunity to buy a property at today’s Price but only pays the majority of the purchase price many months down The track, that price is typically increasing as the development Property Progresses.

By working directly with developers, you can often gain early accessTo property investment opportunities long before they have been released to Other investors

In most cases, the buyer pays the developer a deposit upon signing the Contract. The balance of the purchase price is due to be paid at settlement usuallyBetween 18-36 months.

When the property is built the investor still retains the option to complete the Purchase, and benefit from a rental income or sell and realize the capital growth That has been achieved during the build. Selling before the completion of the Property is call flipping

Over the past 2 years the Red Sea Region property market has realised between 25% And 30% Capital Growth increase per year. In some cases others have experienced even higher Capital appreciation on their properties

For example,

If you purchase an off plan property asPrice: 50.000 £ (15.000 £ + 24 months settlement) (Jan 2011) Let us assume that you sell the property with Price: 75.000 £ in (Jan 2013) Your profit is 25.000 £ which is obviously a 50% return on the 50.000 £