Off-Plan vs Pre-Construction Property

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) September 28, 2008 -- In an effort to find out the correct worldwide singular term for new build property www.off-plan.com asks.......Is there a transatlantic divide in the understanding to what is effectively a property that is in the process of being constructed?

"Off-plan" is defined in Europe as - “Any property for sale by a developer that has not, or is in the process of being constructed and is offered 'off the plans' at a pre completion stage to purchasers with favourable payment terms throughout the construction”

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Off-Plan vs Pre-Construction Property

Welcome visit Our WebSite:

http://www.off-plan.com

So the question is, what is the correct term for a property that has yet to be constructed or indeed up to any point to which the various governing bodies deem a property to be built and completed to correct standards?

The Europeans call it "off-plan"

The Americans call it "pre-construction"

Neither one incorrect, however is there a time to call a tomato a tomato?

Food for thought

www.off-plan.com is a website dedicated to advertising only off-plan (pre-construction) property for sale in over 40 countries around the world. The website enables investors to locate high quality property for sale by only the most reputable developers and real estate agents worldwide. The site benefits investors looking to maximise the discounts available on "off-plan" property enabling the maximum gains on on real estate investment worldwide.

More information can be found online at http://www.off-plan.com

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