The three most important factors to consider in Buying to Sell are the Location, The Market you will sell to and the Price. Maybe the most important factor to look at is, are there still authentic discounts around? If you walk into a showroom for a developer and manage to knock 15% off of the list price, what makes you so certain that you could then sell on at a 15% profit? After all, if the developer does that particular deal for you, could you potential purchaser not simply walk into that same showroom and get that same deal?
Say you buy the last plot on that development, ok now your not in opposition with the developer but you are with every other expansion in the area and anyone else that has the same idea as you! A similar Buy to Sell shareholder could have purchased 10 of the same apartments the month before and got a 20% discount; he could sell at 5% below you and still make a 15% profit! For more information visit Dubai Property
As you can see Buy to Sell does not seem to be the simplest way of making money! So how do you purchase a Buy to Sell property bmv (below market value)? Why would the developer sell for that?
Well you’re definitely in a better position if you
Say you buy the last plot on that development, ok now your not in opposition with the developer but you are with every other expansion in the area and anyone else that has the same idea as you! A similar Buy to Sell shareholder could have purchased 10 of the same apartments the month before and got a 20% discount; he could sell at 5% below you and still make a 15% profit! For more information visit Dubai Property
As you can see Buy to Sell does not seem to be the simplest way of making money! So how do you purchase a Buy to Sell property bmv (below market value)? Why would the developer sell for that?
Well you’re definitely in a better position if you
- Already have finance arranged
- Are a cash buyer
- Can buy multiple units.
If you are in any of these positions then you are in with a shout. Either because units the developer has pre sold have fallen through and you can complete quickly or because the developer needs to sell multiple units in a hurry!
