What is your experience of off-plan property investments?

Discussion in 'General Property Investment Discussion' started by FWL, Aug 4, 2019.

  1. FWL

    FWL Member

    Demand for off-plan property investment has grown significantly over the last decade. With many developments not requiring final payment until the property has been completed, what has been your experience of this type of investment?
     
  2. Locoinvestor

    Locoinvestor New Member

    One thing I would say, is that you must be vigilant once the build has completed that they have allocated the exterior land properly and you know the exact extent to which you own! We have found some new developers slightly disorganised and misinformed with regards to this! Check it out with the Council first and make sure your Solicitor knows what they're doing, too!
     
  3. realdeals

    realdeals Active Member

    Good point. At the very least you would expect developers to know the area of land they are selling to you!
     
  4. Longterminvestor

    Longterminvestor Administrator

    The further down the investment chain you part with your money the greater the risk but the rewards are also potentially greater. The simple risk/reward ratio.
     
  5. Locoinvestor

    Locoinvestor New Member

    Exactly!! It's worrying!
     
  6. Longterminvestor

    Longterminvestor Administrator

    Never invest with the idea of making a quick profit before the development is even finished. Plan for the longer term and if you get the chance for a short term profit then consider taking it.
     
  7. Locoinvestor

    Locoinvestor New Member

    Good advice...would you suggest generally discarding the idea of short term investment in new developments? Are they more for the longer term?
     
  8. Longterminvestor

    Longterminvestor Administrator

    Whatever people say it is NEVER wrong to take a profit although the bigger profits seem to be reserved for the longer term.
     
  9. Locoinvestor

    Locoinvestor New Member

    Fair point...it almost seems like a dirty word yet surely every property investor or any investor for that matter is in it for a profit!
     
  10. realdeals

    realdeals Active Member

    Pick a prosperous region of the UK, Manchester for example, and a development which appeals to well off young professionals and you could/should do very well :)
     
  11. Locoinvestor

    Locoinvestor New Member

    Quite true...Would we say serviced apartment blocks are the way to go? There are certainly a multitude of companies offering tempting deals to investors...
     
  12. Longterminvestor

    Longterminvestor Administrator

    People are inheritantly lazy - if you do everything for them at a decent price they will come :)
     
  13. realdeals

    realdeals Active Member

    The latest generation have been spoon fed all their lives - give them everything they want in your property development and you will have them eating out of the palm of your hands :)
     
  14. paul degnan

    paul degnan New Member

    I am currently looking at these in Liverpool, has anyone any experience of buying into these?
    50% deposit then guarantees you 3 years rental income... RW invest the company is called..
    thoughts chaps/lady's?
    cheers
     
  15. Longterminvestor

    Longterminvestor Administrator

    Liverpool is a property market which has been very very bouyant in recent times and it looks like it could continue for some time to come.
     
  16. Locoinvestor

    Locoinvestor New Member

    These have been going for the last 9 years or so in Liverpool and I am also interested as the rental market is strong there especially in the Docks area and the regentrification is prolific so I am like you...dying to invest and I have been dilly dallying about it for probably too long!
     
  17. diyhelp

    diyhelp Active Member

    Off-plan property investments are not for those new to the property investment! There are many potential challenges which sometimes catch out seasoned investors. Be careful!
     
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