Click for The Best Collection of Kindle Fire HDs From the Editor: This guest article offered by Sachin
This article would give you good insight on upper range property investments and the advantages of buying investment properties off the plan
If you’re looking at buying an investment property in the top end of the market, buying an investment property off the plan is the best option. The investment values of the upper range of the market are very different in their dynamics from the mainstream property market. This is a fussy, highly discriminating market and it can be extremely demanding. The demand is for quality. Buyers and renters alike want value, and can afford to pay for it.
Top of the range property investment, an overview
There are several typical characteristics of a good upmarket investment property. These are also the basic expectations of this end of the market, and it’s important to understand the values and priorities attached to them.
The best investment properties are:
– Well located- The upmarket interest in location is based on need as much as prestige. A good location is close to business interests, like an inner city suburb or even in the central business district itself.
– High quality properties – Another business issue, sometimes mistaken for vanity, is the value of the properties. The people that can afford to buy or rent these top quality properties are also businesspeople. They expect to get value for money.
– Amenities – The top end of the property market is always well ahead of the mainstream in terms of lifestyle quality. They just won’t even look at inferior quality properties. Remember also that they usually own other properties that do have all the modern amenities like spas, swimming pools, squash courts, etc.
These are the minimal expectations of the top of the range property market. The best property investments in this market add value above the expectations.
Why buying off the plan is so effective for top of the market investments
When you’re investing in a market which is this demanding, you really can’t expect the mainstream property market to be able to deliver what you need. Top of the range investments on the market can be both hard to get and extremely expensive. Any local market only has so many top quality properties on sale at any given moment. Competition among investors and buyers is also very high, making acquisition that much more difficult.This is why buying off the plan has become the best way of finding and acquiring good investment property in the upper bracket of the property market. Instead of battling your way through the market, you can buy a brand new luxury property off the plan. You acquire a top quality investment at a fixed price, including the essentials like amenities and location. The cost of acquisition for these properties includes built-in potential for credible capital gain and good rental revenue.Buying off the plan is a textbook case of the principles of good property investment. It ensures that you’re buying the best. If you compare buying off the plan to the usual costs of property investments in the market, you’ll find that buying off the plan actually saves outlays, all down the line. When you’re investing in this market, saving money can mean saving big money.
Explore your options for buying off the plan. You’ll be utterly amazed at what’s available.
Like to Add a Guest Post?
This post was written by a guest writer. If you’d like to add a guest post in Money Hacker, please check out Write for Us page for details about how YOU can share your knowledge with our community.