1. What is buying off-Plan?
Early Inverstment Opportunity
2. Benefits of Buying off-Plan
Buying off-plan has become a popular way to owning a brand new apartment in the most efficient way possible. Be the first to live in a brand new specced apartment. One of the biggest benefits of buying off-plan is that there are NO transfer costs or attorneys fees, these are included in the sales price of the apartment so there will be no surprises.
3. DE-RISK WHEN BUYING OFF-PLAN
invest in a successful development brand
The biggest consideration when buying off-plan is that some developments don’t materialize due to various reasons. The smartest thing a buyer can do is buying into a successful development brand.
The team behind The Pinnacle has completed multiple successful projects, to name a few Urban Artisan Apartments, 55 Linden Lifestyle Apartments, Sussex Studios, Swift Studios, The Pals Building, The Cornerstone Campus and the newest addition Brickworks. Buying into a tried and tested recipe is imperative.
- Bond Purchasers: Minimum of a 10% deposit is required with a 90% bond.
- Cash Purchasers: Minimum of a 30% deposit is required with a guarantee provided for the 70%.
- Multiple Transactions/Foreign Buyers: Minimum of a 20% deposit/50% deposit if you are a foreign purchaser.
4. NEED TO KNOWS
Business & culture hub
Experience the best of Cape Town’s central business hub on the corner of Strand and Burg streets. Cape Town is famous for its harbor, floral and mountain settings, all of these landmarks sit right at the pinnacle of this spectacular mixed-use development.
A basic Purchasing Process Guide
The material is provided as a very basic guide to familiarizing a buyer with the purchasing process in a new sectional title development and is for information purposes only. There are a number of factors that need to be met in order for the development to take place. Please consult with an attorney if you are unsure with a process that relates to the buying of an apartment.