You've probably heard about properties being promoted as "pre-sale phase." Many of us have wondered if there's really a difference, or if it's worth investing during pre-sale. The answer to this depends on your goals.
To determine if investing during the pre-sale phase is your best option, here is a basic guide with what you need to know to make an informed investment.
Why "pre-sale"?
A pre-sale property, whether it's an apartment, villa, or town home, is mainly defined by the fact that it's still under construction and is being sold before the structure is finished. Most commonly, these properties are part of a residential development in a high-value area.
The practice of offering properties in pre-sale is common in the real estate sector, and it's a strategy developers use to finance the continuation of the project. For this reason, they set an attractive initial price for the buyer.
Advantages of investing in pre-sale
- You invest at a lower price. Depending on the stage of construction, you could pay between 10% and 30% less than the final cost.
- Flexible payment options. It's possible to acquire your property with a down payment as low as 10%. Depending on the project, the balance is paid upon delivery or through affordable monthly payments.
- You'll get a 100% brand new property. You'll be the first to enjoy the property with finishes and installations in perfect condition.
- The added value generated compared to the pre-sale price. Once the home is finished, its price can increase by up to 30%. Remember, these projects are generally in residential areas with amenities and other value-adding factors, which will further increase the property's worth.
Time and patience, key factors
Pre-sale properties generally finish construction within 1 to 2 years. That's why pre-sale is ideal for a long-term investment. Remember, Rome wasn't built in a day, so your patience will be rewarded with a project that brings you great returns.
This is the case with Constelada, a pre-sale development in Aldea Zamá, one of the most luxurious and exclusive residential areas in Tulum. Constelada offers 6 types and top-tier amenities.
We invite you to discover more about this great investment opportunity in one of Mexico's most profitable destinations.
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