Buying off-plan developments properties that are sold before they are completed—offers several potential benefits for investors and buyers.
Properties are often priced lower compared to completed properties and buyers can lock in a price before the market value increases, potentially offering significant capital gains by the time the property is completed.
Capital appreciation can be advantageous as the project progresses, where property values in the area may increase, leading to higher market values by the time the property is ready.
New construction developments typically meet the latest building codes and energy efficiency standards, which can lead to lower maintenance costs and improved comfort.
Longer-term payment plans may be offered in installments throughout the construction process, which can ease the financial burden. The final payment is usually due upon completion, allowing time to save for the last portion of the cost.
If buying as an investor, especially with off-plan properties in growing areas can provide a strong rental yield once completed.
Warranty and Guarantees often come with new builds, which provide buyers with peace of mind regarding any defects or issues that may arise in the early years of ownership.
Some regions offer tax incentives, rebates, or other financial benefits for new developments, especially those under certain conditions (e.g., energy-efficient homes).
Why Buy or Invest in New Real Estate Developments in Seychelles.
Seychelles is one of the top tourist destinations in the Indian Ocean, attracting visitors for its beautiful beaches, clear waters, and unique natural beauty. This consistent tourism influx ensures a steady demand for vacation homes, rental properties, and hospitality-related developments.
Seychelles offers a relatively low-tax environment for property investors. There is no capital gains tax, and the real estate market is relatively deregulated, which benefits foreign investors.
New and off-plan real estate projects often cater to the high-net-worth individual (HNWI) market, featuring luxurious amenities like private beaches, high-end resorts, golf courses, and spas. These properties tend to appreciate well over time due to their exclusivity and high demand.
The Seychelles government allows foreign ownership of real estate, with certain regulations in place for larger developments (for instance, properties above a certain price point require government approval). However, foreign investors are typically welcomed, especially in the luxury market.
The islands offer an exceptional quality of life, with tropical climates, stunning landscapes, and a peaceful lifestyle. Many investors purchase property for personal use, either as a second home or as a retirement destination.
Seychelles’ location between Africa, Asia, and the Middle East makes it an ideal destination for both tourism and business activities. This strategic positioning increases its attractiveness as a destination for foreign investment and international visitors.
Investing in new real estate developments in Seychelles offers a compelling mix of benefits, from high returns on investment, strong demand driven by tourism, and the country's attractive legal framework for foreign investors.
