Here are a few reasons why you should consider buying a new build, under construction or even a property that is still in the planning stage, instead of a completed new build property or a second hand property:
1. Tailoring: buying on the basis of a blueprint allows you to tailor the design of the property to your own needs within certain limits.
2. Lower starting price: homes still under construction are almost always sold at a lower price than completed properties.
3. Construction guarantee: new constructions are guaranteed by law against certain defects.
4. A brand new property: if you buy on the basis of a blueprint, you will get a property that meets the latest technological, energy efficiency and safety standards.
5. Extra facilities: almost all new-build projects include common areas such as swimming pools, gardens, gyms, etc.
6. Progressive payment: payments can be made in instalments.
7. As the property moves towards completion, its value typically increases. By the time construction is complete, the market value of the property can rise significantly from the original purchase price, allowing you to sell at a significant profit or enjoy a higher rental yield.
As real estate and business advisors, our top priority is to protect our clients' investments. We conduct thorough research on each developer and only work with trusted developers who have a strong track record of successfully completed projects. While there are some developers we trust completely, no organization is flawless. We always highlight potential challenges, such as minor delivery delays or lengthy document management processes, so that our clients can make informed decisions. We never compromise on quality or marketability when making recommendations.