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Summary	<p> Off plan properties are an incredibly standard option for investment in the real estate market. Off plan properties offer flexible payment plans, lower upfront costs, and a higher return on investment as you can sell the property before the completion of construction. Off plan properties are particularly prevalent amongst developers, as investors are particularly attracted towards this type of property.</p> <p> However, as with any investment there comes a particular risk factor, as outlined below.</p>
Main Contents	<p> <strong>1. Delays</strong></p> <p> One of the main risks to investing in off plan properties is the potential delay on construction and completion. Developers always set out construction with the best intentions; to complete development on time and within their formed schedule. However, unforeseen building delays can cause a postponement in the handover of an off plan property. This would mean that a buyer would have to wait longer to receive their property, which could prove problematic, especially in the instance of property chains. In some extremely dire situations, projects have even been cancelled due to continuous setbacks. </p> <p> </p> <p> <strong>2. Property Quality</strong></p> <p> Since buying off plan property entails purchasing without visiting a tangible version of the property, buyers may be potentially disappointed with the property they receive on the completion date. This could be for a variety of reasons, including high buyer standards and miscommunication with the developers.</p> <p> </p> <p> <strong>3. Returns</strong></p> <p> Investors may not see an immediate return on their off plan property investment, as the project is still undergoing construction. This is not a consideration with ready properties, for instance, as the investor can benefit from rental yields immediately.</p> <p> </p> <p> <strong>4. Market Analysis</strong></p> <p> Occasionally when an investor is looking to sell their investment, they find that the value of their property is less than the original price paid to purchase it. Market fluctuations and the unpredictability of the sector is a risk that needs to be accounted for when considering an off plan investment. </p>
Content 1	<p> Purchasing off plan properties does entail risks. However, any significant investment with the potential for high returns has risks. As a buyer, it is crucial to equip yourself with all the knowledge and research that is needed to minimise the risk. You can do this by researching the most trusted developers, understanding their track record and the terms and conditions of the transaction that is taking place. Another way to protect your investment is to use a brokerage company such as Fidu Properties to aid in making the best choice possible when you purchase an off plan property. </p>
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Content Slider	<h2> What should you consider before buying off plan?</h2>
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