WHAT IS OFF-PLAN?
Off-plan simply means buying into a dream before it comes to fruition. In real estate, it means investing in a real estate project that is at its inception stage. With offplan, investors must have to wait for a period of 12 months or more for the project to be completed before they exit or take possession of their property.
Investing Off-plan in real estate has recently become the most effective way for people of all classes and from all works of life to own their dream home.
HOW OFF-PLAN WORKS
An investor makes a deposit of 10% - 40% of the total sum and spreads the balance over a long period of time , say 12 months to 36 months. This payment plan avails the investor time to gather money on the long run to meet up his/her obligations. Most commonly, as the investor is keeping up with his/her installment payment, the project is advancing towards completion stage.
CHALLENGES OF OFF-PLAN SALES
Financial challenges can turn a dream into a nightmare if not handled properly. Investors may run short of funds thereby ‘forcing’ project developers to take unpalatable decisions such as contract termination with huge deductions, or alternatively the developer may not fulfill promises to investors in terms of time lines etc.
HOW TO GROW YOUR CAPITAL WHILE INVESTING OFF-PLAN
At BIGHOMES, we pride ourselves in being the most flexible and innovative Real Estate Company in Abuja.
"NOW, WITH OUR GUARANTEED QUARTERLY RETURNS ON INVESTMENT, INVESTORS ARE SURE OF THEIR INVESTMENT GROWING AT AN ESTIMATED RATE OF 10% TO 40% PER ANNUM DEPENDING ON THE PROJECT"
BIGHOMES has eliminated ‘downsides’ in its projects by introducing novel and exciting strategies which ensure that investors make money no matter the market condition, inability to meet up with installment payments, or inertia by the developer.
Before you rush into action, please understand the three strategies we have adopted.
1. Flipping :
An investor buys a property with the intention of selling it off to a secondary buyer in a short space of time, for instance, within 3 – 6 months
2. Return-On-Cash (ROC) :
A short term investor chooses which stage of a project to invest in and get returns. The stages are acquisition, mobilization to site, construction, and finishing. ROC investors’ make money as the project develops from one stage to the other depending on investment choice
2. Passive Returns:
Investing as a pool with other investors in serviced real estate situated in prime locations with the hope of getting high Yields monthly or annually from rentals. This may be a long term investment as waiting periods before actual returns on investment materialize could be from 9 – 36 months
SIT BACK! RELAX! AND LET US HANDLE THE HURDLES OF THE THREE STRATEGIES FOR YOU WHILE YOU WATCH YOUR MONEY GROW.
FILL OUT THE “JOIN US” FORM TO TRY OUT THE THREE HOTTEST REAL ESTATE INVESTMENT STRATEGIES OF 2022!!
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