For many buyers in Queensland, especially those seeking a luxury apartment, off-the-plan buying is an excellent option.

Off-the-plan buying allows you to purchase a property (usually an apartment) before it is completed, based on its floor plans and designs. Buyers will typically pay a deposit upon signing the contract and then pay the remaining balance once construction is complete and the title is created.

This article will take a closer look at some of the financial and lifestyle benefits of buying an off-the-plan apartment in Queenslands. 

1. Secure A Price

One of the biggest financial benefits of buying off-the-plan is locking in the price at today’s market value. Luxury apartments in Queensland are becoming more popular, particularly in areas such as Main Beach, which means the value of your property could rise by the time it is completed.

2. Customisable

One of the biggest lifestyle benefits of buying off-the-plan is that many developers allow buyers to customise their apartment finishes, from flooring and wall colour to worktops and cabinetry. This level of customisation ensures your new home reflects your tastes and feels truly your own.

3. Modern Features and Amenities

Off-the-plan apartments are built to a high-standard and often plan to include sought-after features such as open-plan layouts, expansive windows for natural lighting, energy-efficient systems, and smart-home technology. 

In addition, off-the-plan apartments in luxury high-rises will also give buyers access to exclusive amenities, such as rooftop pools, gyms, wellness centres, and private dining areas.

4. Lower Upfront Costs

Purchasing off-the-plan typically requires only a deposit (often 10%) up front, with the remaining balance due upon settlement. Whilst the property is being built, buyers have the time to save and plan their finances.

5. Low-Maintenance Living

Brand-new apartments require less maintenance than older properties, which appeals to both busy professionals and downsizers who want to enjoy low-maintenance living in prime Queensland locations.

Final Thoughts

Buying off-the-plan is about investing in your future lifestyle, whether you’re seeking a contemporary coastal retreat or a sophisticated city residence.

Lloyd Estate Agents can help you explore some of Main Beach’s premium off-the-plan developments and help you secure the perfect apartment before completion.