The Property Academy Podcast

EP: 1449

Revealed - Pros and Cons of Buying a Property Off the Plans. An Honest Review | Ep. 1449

About this episode

In this episode, we discuss the pros and cons of buying a property off the plans.

We break down what it means to buy a property that hasn't been built yet. The benefits include possible capital growth, avoiding higher interest rates, and the luxury of first choice.

However, they also explore the potential cons and risks. These include property prices going down, banks changing their lending criteria, loss of deposit, and concerns about the developer's quality of work.

Main Points Discussed:

  • off the plans pros and cons
  • New Builds
  • Risks of buying off the plans

Want to become a successful property investor? The 'Ultimate NZ Property Investor Bundle' has everything you need, featuring spreadsheets, ebooks, an audiobook, and exclusive software.

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