Sales Picking up on Off Plan Property Overseas

Sales of off plan property overseas are increasing around the world, Overseas Property Professional has revealed.

Off plan property was among the worst affected during the downturn, because of all the developments that were cancelled. But in many of the world's most promising property markets, international buyers are predominantly looking at off plan units. Not to mention the discount you get for buying off plan.

"We are seeing renewed interest in our off plan developments," said Frank Crowley of overseas property specialists Azure Overseas.

"People are doing their own research now, but before the very mention of off plan would practically end the conversation. Now people are calling up enquiring specifically about off plan properties, because, having done their own research they are confident to have minimised the risk and can see the potential financial rewards," he explained.

I always like to see the proof in the pudding myself. My regular readers may have read some articles I did on the downturn in off plan sales. For the purpose of those articles I used the Alexa ranking of the off plan property portal offplanproperty.info, which had plummeted.

Their Alexa ranking, while still at over 1million has climbed (got better) by over 300,000 in the last 3 month period, which would seem to confirm the statements being made by agents and property developers around the world.

Azure Overseas have a large selection of off plan overseas property for sale, prices start from under £10,000.