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Off plan property overseas — property that is purchased from the plans of a new development, which are sold from before even the first foundation has been dug — has the potential to be one of the most lucrative investments a person can make.
Unfortunately it also carries a certain amount of risk and this has come to the forefront over the past 6 months to a year, because of all the cancelled and postponed developments around the world as sales plummeted because of the credit crunch sparked by the collapse of the American banking system and property markets.




