/24-7PressRelease/ - NOTTINGHAM, UK, July 07, 2008 - Forget the horror stories of unfinished buildings and unseen returns; off-plan property is now safe and commonplace. No longer an innovative or complicated procedure, buying off-plan property through a trusted agent can be completely stress-free.
It may seem off-putting to pay for something that does not physically exist, but off-plan purchases are escalating in popularity as well as in profitability. Prices tend to be far lower than the market average, and by the time the property is finished it will most likely have already achieved capital appreciation, meaning instant gains for the buyer.
This is especially true for off-plan resort property in emerging markets; where properties are priced anywhere from 30-50 percent, to even 75 percent less than what they will sell for on the secondary market after completion.
These discounts reflect the perceived risk of paying for a property yet to be built, but by choosing an agent that offers due diligence from start to finish this risk is minimal to non-existent.
David Stanley Redfern Ltd is a company with a world renowned reputation for ensuring developers deliver. And as investment specialists, they only sell property that is capable of making their clients money. The company's extensive research arm, analysts, experience and overseas expertise work to ensure that all property sold is capable of generating substantial gains, be it over the short-term or a mid-long term investment.
As off-plan property, especially in emerging markets, is potentially the most lucrative investment for clients the majority of David Stanley Redfern Ltd's properties are off-plan, and mostly in emerging markets.
In the Philippines, the Lancaster the Atrium Towers represent the best breed of city real estate, promising higher than average yields (circa12%) and exceptional growth (off-plan prices per m2 in this district have grown by 40% in the last 24 months).
In Panama, any property bought from a reputable agent is a good investment. The country has exceptional rental yields and carefully chosen property on Panama's coast can reach yields of 15 percent. Property prices grew by 50 percent between early 2006 and early 2008, and growth remains strong as high levels of demand continue. David Stanley Redfern Ltd currently has the Bala Beach Resort as part of its portfolio.
In the Dominican Republic, investors have been buying off-plan developments to make gains between purchase and completion, taking out finance for the full value and using the extra to take their deposit back. The increased foreign investment in property, and increased tourism, has created the potential for 10%-20% capital appreciation, and 8%-10% rental yields.
Investment property is primarily in and around the coastal areas and David Stanley Redfern Ltd has two off-plan developments in the midst of some of the country's best and most popular beaches.
Find out more about investment property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
DSR have just branched out into the _a href="http://www.overseaspropertyrentals.com"_Overseas Property Rentals_/a_ industry.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
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