Disclaimer
As with any investment, property can go down as well as up and there is no guarantee of future performance. With this in mind, we strongly recommend you carry out your own due diligence to satisfy yourself that:
- The information you obtain (including information in relation to local infrastructure, amenities and rental prices) is current, and are aware that it may be out of date when the development reaches completion.
- The information you obtain from estate agents and other third parties is accurate.
- The valuation you obtain is appropriate, and conducted by a professional body.
- The developer has a sound, reliable reputation; there is always a possibility that the developer may become insolvent and/or the development may complete late. You need to be aware that there is a risk that you may lose your deposit if the developer becomes insolvent.
- You are prepared for the open market value of property to go down as well as up, and are aware that there are no guarantees of future capital appreciation or rental income.
- We recommend that you instruct a solicitor (or other appropriately qualified individual in the country that you intend to purchase your property), to make sure that you have sufficient safeguards against any risks associated with the purchase of the property.