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 Paraguay.
Paraguay has shown a relatively stable economic environment compared to many other countries in South America. The country has experienced steady economic growth, driven by agriculture, energy exports (especially hydroelectric power), and increasing industrial development. As the economy continues to expand, demand for housing and commercial properties is expected to rise.
Real estate in Paraguay tends to be more affordable compared to many neighboring countries like Argentina, Brazil, and even other parts of Latin America. This offers an opportunity for investors to acquire properties at a lower cost, which could provide significant returns as the market grows.
Paraguay has been investing in improving its land infrastructure, including roads, ports, and public transportation systems. Such improvements can increase property values in both residential and commercial areas, particularly in developing cities or regions that benefit from these upgrades.
Paraguay is a leading producer of agricultural products like soybeans and beef, as well as having vast natural resources. This sector's growth has the potential to further drive demand for residential and commercial properties, especially in rural areas where industries are expanding.
