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 Bhutan.
Bhutan has seen steady economic growth over the past few years, driven by sectors like hydropower, tourism, agriculture, and more. The government’s focus on Gross National Happiness (GNH) ensures policies are designed for long-term sustainability, contributing to economic stability. A strong economy supports the real estate market as demand for housing, offices, and commercial spaces rises.
Tourism plays a significant role in Bhutan’s economy, and the country has been seeing a steady increase in international tourists, especially after the pandemic. This growth drives demand for hotels, resorts, restaurants, and rental properties. Real estate developments catering to the hospitality sector are likely to benefit from this trend, offering potential returns for investors.
Bhutan is one of the world’s leaders in sustainability and environmental conservation. Real estate projects that align with these values and include eco-friendly design elements can attract buyers or renters who prioritize sustainability. This trend can further drive the demand for such properties.
Given Bhutan's emphasis on GNH, social and environmental stability, and the government's positive approach toward economic growth, investing in real estate here can carry relatively low political and economic risks. However, the market still holds high potential due to the country’s unique appeal, both for domestic and international investors.
