Benefits of Purchasing an Off-plan Property in Kenya
Purchasing an off-plan property entails acquiring a new real estate asset prior to construction completion. It could either be a property that has been planned but construction has not commenced or an ongoing construction. An off-plan investor is buying into the concept and design of the development with expectations of a favorable project execution process and delivering on project expectations. Both residential and commercial properties can be purchased off-plan. In both scenarios, it entails making a commitment to purchase through payment- both full and partial payment based on the developer’s architectural plans rather than physical purchase. High returns and capital growth are two essential qualities to seek when investing in real estate, and both may be readily attained when buying off-plan. Off-plan developments are currently seeing some of their highest sales levels, and this trend is only growing due to the opportunity to negotiate fantastic discounts either before or du
