Many markets are experiencing tremendous growth in property and prices in some countries have increased by over 75% in the last two years alone. Traditional investments in the property market have performed exceptionally well, those who purchased property off-plan (pre-construction) at a discounted price have achieved much higher returns.
Unlike the UK property market, when buying a property off-plan you can, in some cases, reserve the property at a price, which is well below the current market value. Reserving a property at around 30% below market value is not uncommon but where do you find these properties and why do they offer these price reductions?
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