New build developments & Lifestyle estates

Frequently Asked Questions

• • Financial advantages

  • No transfer duty: In South Africa, new builds typically include VAT in the purchase price, which means transfer duty isn't charged separately. This significantly lowers upfront costs and can make bond financing easier.

    Potential capital appreciation during construction: Some developers offer early discounts, and properties often gain in value between purchase and handover - before you're even paying the bond.

    Delayed bond repayments: You generally only start repaying your bond once construction is complete, so you have time to budget and prepare.

• • Contemporary features and lower maintenance

  • Modern design and amenities: New builds feature contemporary architecture, interior design and fittings. They also tend to be more energy efficient, and often come with high-tech security, built-in fibre internet, and solar or backup power.

    Fewer repairs: There's no wear-and-tear to consider, and developer warranties typically cover major defects for several years after transfer, reducing early maintenance concerns.

• • Customisation and appeal

  • Personalised finishes: Many developments let you choose fixtures and finishes, and sometimes even layouts, so you can make the space uniquely yours before it's even built.

    Attractive to tenants and buyers: In a brand new home, being the first occupant can enhance rental and resale appeal significantly.

• • Legal protections & Homebuyer Support

  • Consumer Protection Act: CPA covers you legally if the developer fails to deliver as promised. This degree of protection is not always available with older homes.