Introduction
Buying property before it’s built—off-plan—has long appealed to investors and first-time buyers alike. But with rising interest rates and supply chain delays, is off-plan still worth considering in 2025?
1. Key Benefits of Off-Plan
-
Lower initial costs: You often only need a 10% deposit upfront.
-
Capital growth potential: The value of the property can increase before you settle.
-
Modern standards: New builds meet today’s energy, heating, and design codes.
2. Risks to Be Aware Of
-
Delays in construction: Projects can be held up due to resource shortages.
-
Finance changes: Lenders might reassess your situation at settlement.
-
Market shifts: The property may not be worth as much on completion.
3. How to Mitigate Risks
-
Choose reputable developers with a solid track record.
-
Review sunset clauses and buyer protections in the contract.
-
Secure a pre-approval and build in financial buffers.
4. Where Are the Best Off-Plan Opportunities?
Growth corridors in Auckland, Wellington’s city fringe, and Christchurch’s new subdivisions are attracting investor interest. These areas offer strong rental demand and infrastructure development.
Conclusion
While not without risk, off-plan properties remain a smart way to enter the market—if done wisely. At Property Experts, we help clients assess and select off-plan opportunities that align with their risk tolerance and long-term goals.
Comments are closed