Off-plan properties and newly built homes are especially popular with international investors because they have lower maintenance costs and are ideal for corporate and holiday rentals. They come with leisure facilities attached and tend to be much more energy efficient. New homes in the UK have to have the 10-year home warranty and insurance guarantee. This provides comprehensive protection against a range of eventualities, including problems with the home's construction.
Investing in Off-plan is very convenient for the purposes of financial planning. The price of the apartment is fixed on the date of signing a purchase agreement between an investor and a developer and can’t be changed later. It is usual for an investor to be offered a payment plan, where they have to pay up to 30% of the property cost in the first 18 months and the rest will have to be paid upon completion.
Our expert advice will include planning of the property investment strategy. Based on your investment goals we will identify locations with capital appreciation prospects, calculate the required budget, expected cash flow, and net rental yields.
We always achieve lower prices for our clients than they would have been able to agree on their own as we continuously monitor property market news, have good relations with local property developers, and utilize our negotiation power.