When you buy a property "off-plan," you commit to buy it before it is built or while it is being developed. In other situations, you may be able to purchase totally off-plan, which means that the foundations of your new home have yet to be constructed. However, with most off-plan transactions, you will be able to purchase while the home is being built. This way, you can be part of the process from start to finish. Off-plan properties are popular in fast-growing cities where land is at a premium and builders need to get projects going as soon as possible. In addition to this being an easy way for them to make money, it also gives them time to find the right location and design for each individual house. These homes are usually more affordable than traditional builds because the builder doesn't have to pay for expensive site improvements or construction permits. They also tend to be sold faster because they're still on the market when their floors are completed or walls are painted. Some cities may have regulations against off-plan sales, so make sure you know what rules apply to where you want to live before you sign on the dotted line! In conclusion, an off-plan new build is the same as any other new build, except that the buyer isn't required to move in immediately after buying the home. Instead, they can choose when they want to move into their new property and can enjoy the benefits of living in an already finished home.