Top 5 Reasons to Buy from a Real-Estate Developer
With an influx of property buyers in the market looking for more than just a home, but also a secure environment and active lifestyle, real-estate developments have been on the increase in South Africa.
If you want to purchase more than just the four walls and roof over your head, as well as avoid any additional costs – then buying from a real-estate developer is your best option when choosing to be a homeowner.
We’ve outlined the top 5 reasons why you should consider buying from a real-estate developer below:
1. You Save Money
Buying directly from a real-estate developer has a number of financial benefits, which will not only save you money but will allow you to purchase a newer and possibly bigger property.
One of the ways purchasers save money is that there are no transfer fees to pay, as there is no previous homeowner. Another hidden cost exempted is VAT. The purchase price of development properties already includes VAT, so the price you see is the price you pay.
With the interest rate at a 50-year low, having dropped to 7.25%, buying from a real-estate developer now will save you even more money. A monthly bond repayment for a 2-bedroom Luxury Home at Le Parc Residential Estate will cost you just R14 970 over 30 years with only a 5% securing deposit.
2. No Middleman
When buying direct from the real-estate developer there are no outside agents, you deal with the developer’s in-house sales agents. This not only eliminates additional costs, but prevents miscommunication from occurring.
Without a middleman, there is no opportunity for mistakes, delays, and biased opinions, as the developer’s agents will be looking out for the best interests of the purchaser.
3. Zero to Little Maintenance
Love that ‘new car smell’? What about a ‘new house smell’? One of the great benefits when buying from a real-estate developer is that your new home is brand new – from the ceiling, right down to the stunning flooring.
Your newly built home will require little to no maintenance in the first few years, so you can enjoy DIY-free weekends and the blissfulness of not having bought a fixer-upper. If you decide to purchase a Luxury Home at Le Parc, you can rest assured that your new home has been built by reputable contractors.
4. The Latest Technology and Trends
Most real-estate developers want to make your new house a home from the get-go, and often include a range of home appliances to make your move easier. A perk of this enticing offer is that you will have brand new, quality and energy-efficient appliances that will last you a long time.
In addition to the latest technology, real-estate developers often partner with expert interior architects and designers to ensure that each home features the latest trends, colours and finishes. So, you won’t need to renovate any time soon.
5. 24-Hour Security
Another big selling point for why you should consider buying from a real-estate developer is that more often than not they provide security. Whether it’s just perimeter fencing and electronic gates, or a high-end integrated security system, you can enjoy peace of mind knowing that you and your family are safe.
Living in a gated community or secure environment allows residents to relax and exercise, and children to play safely within the development.
Now that you know why buying from a real-estate developer is a great option, why not purchase your new home at Le Parc Residential Estate?
Contact our team of Development Specialists at sales@leparc.co.za for more information.
References:
1. “5 REASONS WHY NOW IS THE PERFECT TIME TO BUY FROM A DEVELOPER” Rabie (blog), 8 June 2020, https://www.rabie.co.za/5-reasons-to-buy-from-a-developer-now/
2. “The pros and cons of buying development property” Private Property (blog, Tahir Desai, 22 July 2018, https://www.privateproperty.co.za/advice/property/articles/the-pros-and-cons-of-buying-development-property/
3. “Why You Should Buy a Property Directly from a Developer” Home Owners Direct (blog), 22 August 2018, https://hod.co/pre-buying-advice/Why-You-Should-Buy-a-Property-Directly-from-a-Developer/
