Buying a house off-the-plan is a common method that people are using to acquire property in the modern day. To people who may not understand this, buying a house off-the-plan means that you commit to buy a house that is not yet built. All you have to do is to visit Chilli Realty who will give you the plan and an illustration of how the proposed house will be. After a proper understanding and agreement, you can now pay a certain percentage of the total amount to reserve your house and pay installments until the whole project is fully completed and ready for occupation.
Why you should buy a house off-the-plan
Pay current price
The main advantage of buying a house off-the-plan is the fact that you pay the current value of the house for a property that will be completed in future. This is always a big advantage for you as a buyer; the real estate market keep rising every day, and this means that the cost of housing keeps rising.
When buying an off-the plan, the cost of the house is calculated as per the current market cost although the house will be completed after some time. The result of this is that you will still pay the same amount without worrying about rising costs likely to occur in future.
Flexible payment terms
When buying a house off-the-plan, you have access to flexible modes of payment because the payment is stretched over time. All you do is pay the first initial payment of the house and then stretch the rest of the payment according to an arrangement that you have with the developer.
This is a good way to own a house especially if you can get the whole amount required to buy the house at a go. It is also easier to get financing from banks and other financial institutions because most housing developers will always link you to the right financing.
New and modern housing
Buying properties off-the-plan is a new concept that is coming up, and most developers are using it to bring out new and modern housing ideas. If you want to discover the new housing concept available in the market, then buying a house off-the-plan might just be the right choice for you.
Using this concept, you can enjoy the modern lifestyle like swimming pools and gym areas. These are new concepts that might not be incorporated in the traditional form of housing that we know, but you will find them in houses that are built off-the-plan.