Income Resource Club > Property > Off-the-Plan Strategy
Off-the-Plan Strategy
Off-the-Plan Property Advantages and Disadvantages
Advantages:
- Potential gain before settlement if you get it right;
- Stamp duty saving;
- Available to overseas investors;
- Little money down through bank guarantee, deposit bond or builder's terms.
Disadvantages:
- Potential loss of deposit plus gap if you get it wrong;
- Buying site unseen;
- Purchase price can be set artificially;
- Purchaser can be influenced heavily by organized marketing effort;
- Area and products may not be tested – performance unknown.
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