Anthony Fernandes founded
SPC - smart property consulting
and is a renowned industry
expert on property in NE Brazil.
He leads a team of property
professionals and is referenced in:

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off plan property investments

Buying off-plan means reserving a property as much as two - three years before building is due to be completed and often before any construction has started. The advantage is that you secure the property at a discounted price and as the property is built its value increases. Typically you pay between 10% -50% of the property price during construction depending on the country and the developer and the rest on completion.

Most developers want or, sometimes need to sell a number of units before building can commence on their project. The financing bank will release funds to the developer on the basis that a percentage of the development is sold before construction can begin.

SPC Overseas' popular publication "Smart Investors' Guide to Overseas Property Investments" addresses off plan investment strategies along with other critical factors to make successful property investments. For a limited period this is available as a FREE print friendly download.