What are the advantages of investing in off-plan properties ? Buying off-plan means buying a property during construction. For early investors taking this cartera bitcoin ipads it means getting into the development at a discounted price and having the choice of selecting from a full range of properties.
As a rule of thumb the earlier you invest the better the price, the greater the potential capital growth and return on your investment. This means the greater the potential capital growth on the property over the course of the construction. When will the project be completed ? Expected date of completion is the end of 2020. Is my money safe between now and completion ? 10 of 2014 protects those investing in off-plan projects. Ras Al Khaimah Municipality Department, the government of Ras Al Khaimah.
Developers now have to purchase the land that they will develop, and any payment they receive from off-plan property sales must go directly into an Escrow account. This account is closely monitored by RERA and can only be accessed by the developer as construction milestones are reached. Monies paid for an apartment at Al Mahra Resort go directly to the Developer’s Escrow account at DIB Bank. For more details, please visit the RAK municipality website, RERA-RAK page.