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Ready Property VS Off-Plan Property

Posted by admin on February 25, 2023
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Ready property is a property that is already completed and ready to move in, whereas off-plan property is a property that is still being built or is in the process of being developed. Ready property is typically more expensive than off-plan property since it is already available for purchase and use. On the other hand, the off-plan property can be a great investment opportunity as it can be bought at a lower cost and has the potential for appreciation once the property is finished and ready for move-in.

Benefits of investing in ready property

  • No need to wait for the construction to be completed
  • Lower risk of the property’s value depreciating due to delays in construction
  • Ability to move in right away

Benefits of investing in off-plan property

  • Potentially lower purchase price
  • Ability to customize the property to one’s own needs
  • Ability to purchase in a prime location at a lower rate
  • Potential for appreciation in value when the property is completed

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