Off-plan property is a property before a structure has been constructed upon it. Buying properties off-plan in the early phases of their development has traditionally presented an opportunity to secure a residential unit at a discount.
The reason many people like to buy off-the-plan is that they hope the property will be worth more when it is completed. It seems logical that if you were to sign a contract to purchase a property that was for sale at today’s prices, it should be worth more when construction is finished in a few years time. This is based on the real estate principle that as time goes on, property prices go up. Generally, this is the case.
It is important to note that for off-plan property to be attractive, there must be a high level of other infrastructure in the immediate area such as a new university, express roads, etc. either already built or due to be built within the next few years.
In a rapidly rising housing market, buying off-plan enables investors and home buyers to buy a property at a lower price than if they wait for construction of their chosen property to commence. In addition, buying off-plan may be the only way to get a property with a specific location or set of features as choice may be limited once construction starts.
The earlier you get access to the property for sale, the greater the chance of securing one of the better units and of getting a discount on the price. Your negotiating position should be determined by the demand the development is attracting. The higher the demand, the less chance you have of negotiating the price down.
DGOASIS is located in a quiet, well established area in South C, in close proximity to major supermarkets, schools, universities, hospitals, sports clubs and places of worship.
The 4 bed roomed exclusive apartments have a contemporary edge and have been optimally designed to enhance comfort and convenience. Amenities include panoramic lifts, covered parking for all cars, and intuitively planned landscaped spaces that cater to all age groups.
Other amenities adjoining DGOASIS include a Kindergarten and a mini-mall with provisions for a supermarket, retail spaces, pharmacy, laundry, florist, gym, spa, rooftop infinity pool and lounge bar.
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