Skip to main content

Benefits of a Turnkey Development

A turnkey development is when the building contract includes all the finishing items. This would include fencing, landscaping, floor coverings, window coverings, wall painting, light fittings and more. The idea is to have the finished house handed over so it is ready to live in. Turnkey developments remove any input required by the owner once construction starts, as all the items and colours have been selected at the beginning, meaning you can get on with your own business and leave the building up to the builder.  This product allows you to take out one easy loan that will fund the land, construction, and all the finishing items.

The Details

A turnkey development is where the home is ready to move into the day the construction is completed. There are builders who specialize in turnkey packages, and you can rely on their extensive network of developers to bring you the very best opportunities in the market.  Because these builders work in volume, they receive discounts on the materials and labor that are used to construct the house, therefore making the package more affordable to you.

The Benefits

The greatest benefit is that the home is completely ready to move into, and everything in the home is brand new and in the colors you have chosen. When keys change hands, you just move in. If the turnkey property is an investment property, it is ready for tenants right away. This saves time and money, and also means you will not be spending money on maintenance in the near future. In addition new homes generally are more attractive for your future tenants and often get a premium on the rent.

Banks like turnkey properties. When it comes to the bank, approving the loan as a package with all items included reduces the amount of work required by the bank in approving the loan. Knowing that the property is ready to live in or rent as soon as constructed means the risk for the bank is reduced as the borrower does not have to find funds from another source to complete the project.


Turnkey developments are fantastic for the new property investor, as the whole project is efficient, and you will only have to deal with one contact for the development instead of scheduling meetings with designers, builders and councils. Investing in property in Western Australia is historically a strong investment as new housing is always welcome in the increasing population. Increasing your equity and your future wealth is a goal that most investors share, and a turnkey property development can take your investment plans into reality with ease.

Whether you are new to property investment or are an experienced property mogul; investing in a house and land turnkey property is sure to make your project easier and smoother to complete, from build to occupy. Perth duplex developer experts Ventura ID can help you get your property investment project off the ground.


Popular posts from this blog

Why it’s important to save for retirement

While retirement may seem far off in the distance for some, financial experts say you’re never too young to begin saving.  In fact, the earlier you calculate your retirement needs and start building your nest egg, the easier it will be to create a viable plan for the future. Many experts advise you begin saving a percentage of your income for retirement as soon as possible, no matter how little the contribution may be, as it’s possible the Social Security benefits millions of people currently depend on may be in jeopardy.

Low interest credit cards - how to make them work for you

Credit cards are borrowing instruments, unlike debit cards where you already have the money. Banks are there to make money too. Just like high street stores, they hope to maximise their profits within the rules. So it’s important to understand the basics and find a credit card that’s right for you – you can compare low APR credit cards here . Now you know the rules, let’s find out how to play the game. The financial services industry charges interest on the money that it lends out. Let us assume you borrow £100 on your credit card and keep it for exactly one year before you pay it back. For the purposes of this article, we will assume your loan attracts 8% interest per year, which is the Annual Percentage Rate, or APR for that particular transaction. Practical example

Basics of Stock Markets: The A-Z Quick Sheet for a Beginner-Level Investor

Several individuals wish to engage themselves in stock market and invest their money in stocks, but they don’t have an idea about Stock markets and how they work . In fact, there may be lot of info available to you, but they may all seem confusing without actually knowing the basics. This post aims at educating the beginners about the basics of stocks market. Read on to enlighten yourself about the A-Z of stock market. 

Looking For Ways To Finance Your Next Building Project? Look No Further

If you need money to start your next building project, you may be quite surprised by the number of different options you have. However, the options that will actually be available to you will depend on many different factors and these factors will decide how eligible for construction finance you are. In this short article, we will look at what you can borrow, how you can borrow, and what restrictions you might come across. Please note that while the information in this post is correct, your own personal situation will determine what the best course of action is for you. Speaking to an independent financial advisor will help you to see if you are eligible for construction finance and how to go about getting it. Different Types of Mortgages Let’s start with the different types of mortgages that may be available to you. Remember, whether one is better for your needs than another depends on many factors. Commercial Mortgages Let’s start with commercial mortgages because they a

Four factors that have fuelled city-centre living

Urban centres have become increasingly popular in recent years as both residential locations and as commercial space. This social change has been driven by a number of factors and has been reflected in the number of new property developments springing up in major cities around the UK. As space tends to be at a premium in urban areas, it has led to the construction of a greater number of apartments; potentially fuelling interest in block of flats insurance . So why have so many people decided that an apartment in a town is a better place to live than a larger house in the country? Here are four factors that are likely to have spurred on the rush for the city...

Manage Your Student Loan Debt Better in 2015

Image via gettyimages It is usually seen that most of the students fail to manage their student loan debts efficiently after their graduation. The reason is quite simple. Most of the students spend their earnings on comfort and luxuries instead of repaying their student loan debt. It has become comparatively easy to acquire student loans. However, each one of us should keep in mind the fact that repaying loans are not easy as borrowing it. This is why there arises the need of a proper strateg y when it comes to managing your loans. It is desirable to formulate these strategies while you are still in college instead of waiting until you get a good job. If you are one of this kind, here are some easy tips for you to manage your student loan debt better:

Learn how real estate agents value properties for sale

How do you get into real estate sales? Every owner wants to sell his property for its maximum value. And all too often they end up choosing a real estate agent simply based on who gives them the highest initial valuation. However, this will be a costly mistake. How your home is valued. If you make a mistake in the estimate, it is possible that it will be sold for a price that is less than the real value of the property. On the other hand, even overpriced homes will discourage potential buyers from viewing your home. Also, high selling prices can even result in a long wait before a good deal comes in or does not sell at all. Therefore, titration is recommended as a suitable agent. Here are some things that real estate agents consider during property valuation . But, few factors real estate agents consider when valuing a property. 1. Local services:   During property valuation, one of the main factors that can drive the sale price up is the actual area where the home is located. Aspects