Off plan investments work very well in 2017 and will almost certainly continue to do so well into the future. You can buy them at a discount and often the capital growth can be excellent. But, a word of caution, if you like the idea of speculative investing and buy a property with the intention of selling it on at a profit, you also need a plan B in case something goes wrong and you end up having to rent it out.
Do new build developments make good buy to let investments? Well yes, they do, but you shouldn’t get distracted from the fundamental principles of investing in property. For any buy to let to work in the long term the rental yields need to be high enough to cover your running cost and the property needs to be in the right location for a tenant-type that suits you.
As a property investor should you be buying property off plan or off market? Today we look at what these terms mean and ask whether investors should really be focussing on these categories or whether there are more important things to consider in a property deal.