Off-Plan can be a great way of starting a property investment with minimum capital if you dealing with reputable builders and developers.
Buying off plan allows the purchaser to put down about a 10 percent deposit initially, delaying their responsibilities of bond repayments which usually only kick in 18-24 months down the line. In that period, the value of their investment can grow substantially, especially under the current conditions in the Algarve Property with prices at their lowest in the last 20 years.
Delayed payment responsibilities make off-plan purchases ideal for investors, and those planning a future property move, giving them time to save and arrange finance.
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