INVESTING
In addition to the financial and lifestyle benefits which are highly beneficial , for the investor , you also need to understand the pitfalls , the dangers to making your off-plan buying experience an all-round success . This is according to David Jacobs , Regional Sales Manager for the Rawson Property Group .
What is an off plan property ? An off plan property is a newly built property that is still in development phase . You won ’ t know what the final product will look like , other than what you can glean from the building plans and blueprints .
Buying off plan means making a purchase decision based solely on the plans and marketing material your developer shows you . That ’ s a big leap of faith , with a lot of money at stake .
49 APRIL / MAY 2023 SA Real Estate Investor Magazine