Off-plan projects, also known as new construction projects, involve properties that are still under development. When investing in an off-plan project, you buy directly from the developer with the help of a real estate agent.
This offers the advantage of often lower prices, this because you are investing before the property market is officially launched. Moreover, the property often has the potential to increase in value during and after completion, offering attractive returns. In all off-plan projects, an interest-free payment plan is always offered by the developer.
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