First of all, let’s define what we mean by “off-plan”. It’s pretty simple, really – it means you’re buying a property that hasn’t been built yet and the buyers have to finance the construction of their respective units. That’s right, you’re essentially buying a blueprint, a design, a dream. Off-plan developers often rely on the pre-sales of units to generate funds for construction. When buyers reserve properties off-plan, they typically pay a deposit and periodic installments as the development progresses. These funds can be used by the developer to cover construction costs and progress the project. Off-Plan is like riding a roller coaster of dreams and dilemmas, with thrilling advantages on one side and unexpected pitfalls on the other. But, like all things in life, there are risks and rewards when buying off-plan.

Advantages

Early Bird Perks:  Ah, the allure of exclusive offers and discounts! Off-Plan developers often tempt buyers with attractive price tags and lucrative payment plans. As the development progresses and demand increases, the property’s value may rise, potentially yielding a substantial return on investment.

Customization Possibilities: Ever dreamt of having a walk-in closet fit for royalty or a bathtub that could rival a spa? Off-Plan allows you to customize your abode to your heart’s desire. It provides a unique opportunity to create a dream home tailored to individual preferences.

Higher Chance of Capital Appreciation: If the property market experiences growth during the construction period, off-plan buyers stand to benefit from potential capital appreciation. This can result in increased property value even before the keys are handed over.

Disadvantages

Changes in Specifications: What you see on paper might morph into something unexpected if the developer is not honest. Changes to the property’s design and features are not uncommon, leading buyers into disappointment. Beware the tricky chameleon and know your developer!

Financial Risks: Like a daring tightrope walker, you’re risking your money before the grand show even starts. If the developer faces financial woes or the project collapses, you might find yourself hanging precariously in mid-air!

Abandoned Development:  Sadly, Off-Plan properties are not immune to this haunting tale. Imagine finding your dream Off-Plan property, only to discover that the developer vanishes like a ghost, leaving behind an abandoned project. Buyers might face the possibility of losing their investment.

In conclusion, Cherd Africa Limited takes pride in its commitment to completing housing projects regardless of clients’ payment status. We do not offer an off-plan mode of payment, meaning that our construction projects will be finished on the scheduled due date. We mostly undertake our construction in phases to ensure some phases are complete and ready for occupation while development on the rest of the project is ongoing. Clients can purchase the houses once they are ready for occupancy. Client’s may however book units in latter phases to enjoy flexible payment arrangement and unit location within the estate. Units in a particular phase will be completed regardless of the clients’ fidelity in making their payments.

But wait, there’s more! Once our houses are ready to charm their way into your hearts, you can walk through them like royalty on a red carpet! No more mysterious plans or squinting at blueprints – just pure joy as you step into your future castle.

And guess what? We’re not just selling houses; we’re selling dreams! Our houses are not just bricks and mortar; they’re the stuff of fairytales! Each room is a chapter waiting to be written, and you get to be the hero of your own story. So why settle for the ordinary when you can have the extraordinary? Say goodbye to the off-plan confusion and hello to the land of happily-ever-afters! At Cherd Africa Limited. Don’t believe us? Come, join the adventure, and let us whisk you away on a whimsical journey of finding your dream home.

So hop on, buckle up, and get ready to experience the extraordinary world of Cherd Africa Limited – where houses are born ready, and dreams come to life! Join our family of happy homeowners and experience the joy of living in a Cherd Africa Limited home.

We have an upcoming project called “Court Yard Villas” that we haven’t started yet. Our previous projects, namely “Global Village” and “Milimani Homes,” featuring 7 and 38 units respectively, have been completely sold out. Currently, we are working on “Pinebrook Premier Villas,” which originally had 56 units, but only 20 units remain available. This is a fantastic investment opportunity, so don’t miss out and invest now!