In the past few years, we have undoubtedly witnessed many turns and upheavals across different sectors of the economy around the world and here at home. What is happening with the real estate market? This is both a debatable and, at the same time, clear topic for specialists. The market is just as dynamic as it was before the start of the coronavirus crisis and, fortunately for many people in the field, there are currently no forecasts for stagnation or decline.

But what is happening with a specific type of real estate transaction, namely off-plan deals

Since the real estate market is very difficult to predict, today we will speak only with our own statistics and figures from the last few months of our practice.

The sales specialists at „Titan Properties“ describe the period as delicate, but by no means dangerous. In the face of rising inflation and the increasing cost of everything, people are looking for a good and secure way to safeguard their money. As most of us know, one of these options is investing in real estate.

In addition to investing in properties at the final and completed stage of construction, people still show interest in off-plan deals because of the flexible payment scheme, the wide choice and, of course, last but not least, the lower price.

Of course, with this type of transaction there are many details that should not be overlooked

Our advice to you is to work with a reliable consultant who will offer you projects from reliable and already proven investors and builders and will accompany you until the end of the transaction. In this way, the chance of an unexpectedly higher final price, for various reasons, losing money or the project not being realised is reduced to a minimum.

The price increase of this type of property is normal, given the rising cost of construction materials and more difficult deliveries. The increase in prices, however, in no way makes the purchase of a property at an early stage unaffordable for buyers who have decided to invest in an off-plan property. For some buyers, the motivation is the good price; for others, the suitable location or the right layout, floor and exposure.

To specify the situation and give our readers a clear example-we are sharing our own statistics from the past few days

<After the publication of a project for the construction of a residential building in a well-known district of the capital, the number of enquiries grows by the hour and reaches over 80 enquiries within a period of 5 days.>

The bottom line

In conclusion, our specialists comment that there is a minimal decline in off-plan deals compared with last year, 2021, but this in no way depends on the buyer, but rather on the investors, who prefer to sell at a later stage, which in turn disproves the rumours that construction of new projects has stopped.

To make sure you can be completely at ease with your off-plan deals, we follow a policy of working without commission from buyers, which does not reduce the quality of the service offered.