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 Chile.
Chile is one of the most stable economies in Latin America, with a well-developed infrastructure, low inflation, and a robust financial system. This economic stability helps ensure a more secure environment for real estate investments.
Chile has a steadily growing population, with an increasing middle class and urbanization. Cities like Santiago, Valparaíso, and Concepción are seeing a rise in demand for both residential and commercial properties, which can lead to solid returns on investment.
Chile’s stunning landscapes, from the Atacama Desert to Patagonia, are a big draw for tourists and residents alike. If you're looking for second homes, vacation properties, or opportunities in eco-tourism, these locations offer great potential for development.
