Let’s discuss presale definition, benefits, risks and some other items that you should know before making the purchase. When purchasing a presale development in Vancouver, we keep some important things in mind, which we cover in this blog post. They include or range from knowing what to look for when shopping around, how to calculate the price per square foot, how to budget extra costs, what incentives the marketer is offering, and much more.
If you are interested in a condominium investment in Vancouver, we happen to live in an amazing city that is consistently ranked as one of the top cities in the world in which to live. However, there are some things you want to be aware of when it comes to real estate investments. Particularly when looking at presale developments and buying into them prior to completion.
- Buying in the presale phase can mean both a lower price and more choices, but make sure you do your research and buy in a great location. 2. Prices will rise as the build date nears. Buy now to lock in today’s prices. 3. You’ll need a lawyer to go through a thick pile of docs before you commit. 4. You won’t be able to flip your unit for huge profits in the short-term, 5. A parking space could cost $60K or more.
If you’re looking to buy a presale this is the best time for it, Contact us now and we will take care of you.
you can also browse from many upcoming presale projects to get more information about them from here.
