{"id":243320,"date":"2022-11-18T01:28:55","date_gmt":"2022-11-17T23:28:55","guid":{"rendered":"https:\/\/mypr.co.za\/?p=124823"},"modified":"2022-11-18T01:28:55","modified_gmt":"2022-11-17T23:28:55","slug":"6-benefits-of-buying-into-a-new-real-estate-development-in-south-africa","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/6-benefits-of-buying-into-a-new-real-estate-development-in-south-africa\/","title":{"rendered":"6 Benefits of buying into a new real estate development in South Africa"},"content":{"rendered":"<aside class=\"scaip scaip-1 \">\n<aside id=\"republication_tracker_tool-2\" class=\"republication_tracker_tool clearfix\">\n<h5 class=\"adtitle\">Republish for Free<\/h5>\n<div class=\"license\">\n<p><button name=\"Republish This Story\" id=\"cc-btn\" class=\"republication-tracker-tool-button\">Republish This Story<\/button><\/p>\n<p><a class=\"license\" rel=\"noreferrer license noopener\" target=\"_blank\" href=\"http:\/\/creativecommons.org\/licenses\/by-nd\/4.0\/\"><img decoding=\"async\" alt=\"Creative Commons License\" class=\"lazyload\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/11\/6-benefits-of-buying-into-a-new-real-estate-development-in-south-africa.png\"><\/a><\/p>\n<p><img decoding=\"async\" alt=\"Creative Commons License\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/11\/6-benefits-of-buying-into-a-new-real-estate-development-in-south-africa.png\"><\/div>\n<div class=\"message\">\n<p>Republish our articles for free, online or in print, under a Creative Commons license.<\/p>\n<\/div>\n<\/aside>\n<\/aside>\n<p><a href=\"http:\/\/mypr.co.za\/save-with-myprs-monthly-flat-fee\/\"><img loading=\"lazy\" decoding=\"async\" alt width=\"300\" height=\"200\" class=\"size-thumbnail alignleft wp-image-124824 lazyload\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/11\/6-benefits-of-buying-into-a-new-real-estate-development-in-south-africa.jpg\"><\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-thumbnail alignleft wp-image-124824\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/11\/6-benefits-of-buying-into-a-new-real-estate-development-in-south-africa.jpg\" alt width=\"300\" height=\"200\">When it comes to investing in real estate in South Africa, secure eco-estates remain a popular choice, particularly along the coastline. And while the benefits of such investments are great, investing in a newly developed eco-estate provides even greater returns.<\/p>\n<p>\u201cWhether you\u2019re a first-time home buyer or are looking for a lucrative investment, then there are many reasons why residential units within estates are worth considering,\u201d commented Reece Daniel, Developer of Serenity Hills in Margate. \u201cThey offer 24-hour security, they\u2019re well-maintained and offer residents all-inclusive facilities from clubhouses and sports centres to hiking trails and picnic sites. But there are many more benefits for those investing in newly developed estates.\u201d<\/p>\n<p><strong>1. Plot-and-plan<\/strong><br \/>In new developments that offer plot-and-plan, the upfront investment is usually often lower. Purchasers are usually only expected to pay around 10% of the purchase price as a deposit, and then in tranches during the construction phase. Importantly, bond repayments commonly only start once construction is complete.<\/p>\n<p><strong>2. No transfer duties, less VAT<\/strong><br \/>No transfer duty is payable on newly built properties, and VAT is included in the purchase price. This translates into significant cost savings at the time of acquisition.<\/p>\n<p><strong>3. Less maintenance<\/strong><br \/>Every home will need some form of upkeep along the line, but when investing in a new development, there are massive savings as very little maintenance will be needed in the first few years. Costly problems associated with the extra wear and tear of old houses are avoided.<\/p>\n<p><strong>4. Increased energy efficiency<\/strong><br \/>With load shedding and water scarcity, energy-efficient homes are becoming a necessity. When investing in a new development, sustainable choices are incorporated such as LED lighting, natural lighting and ventilation, and energy-efficient geysers, with some incorporating solar panels and water storage. This brings down running costs and makes the cost of living much lower.<\/p>\n<p><strong>5. Diversifying investment portfolio<\/strong><br \/>Buying a residential property in an eco-estate is a sound real estate investment \u2013 reducing overall portfolio risk and increasing the chance of higher long-term returns. In these uncertain economic times, and as a way to maximise long-term growth, it\u2019s important that investors diversify their portfolios.<\/p>\n<p><strong>6. Great investment during high inflation<\/strong><br \/>The country\u2019s inflation rate spiked to 7.8% in July, the highest rate since April 2009. With increasing inflation, investing in real estate is a smart move as the buyer is more likely to earn a capital gain soon after occupation. When investing at today\u2019s property price, the chances are the property value will have grown by the time of occupation, especially in an inflationary environment. Locking in a lower interest rate is also a smart move for bond repayments before the interest rate rises even further.<\/p>\n<p>Launched in May 2022, Serenity Hills is a stunning eco-estate located on the KZN South Coast. Developed on the concept of sustainability and community upliftment, buyers can be assured of a quality investment. Boasting world-class, 24-hour security, the pet-friendly Serenity Hills offers buyers several great amenities, including biking and hiking trails, on-site medical care, a clubhouse, three-month water storage, artistic workshops, solar power options, and award-winning food and beverage outlets.<\/p>\n<p>Buyers can move in 12 months from now, providing ample time for planning and budgeting for the big move. There are several secured sales in Phase 1 with Phase 2 already booking up, so potential buyers are encouraged to get in touch now before losing out on this incredible investment opportunity. To find out more, visit www.serenityhills.co.za or follow @serenityhillsecoestate on Facebook and Instagram.<\/p>\n<p><a href=\"http:\/\/mypr.co.za\/contact\/featured\/\">CLICK HERE to submit your press release to MyPR.co.za<\/a>.<\/p>\n<p> <span class=\"post-views-icon dashicons dashicons-chart-bar\"><\/span> <span class=\"post-views-label\">Press Release Views since 1 July 2022:<\/span> <span class=\"post-views-count\">79<\/span> <\/p>\n<div class=\"entry-pagination pagination\">Pages: <span class=\"post-page-numbers current\"><span class=\"screen-reader-text\">Page <\/span>1<\/span> <a href=\"https:\/\/mypr.co.za\/6-benefits-of-buying-into-a-new-real-estate-development-in-south-africa\/2\/\" class=\"post-page-numbers\"><span class=\"screen-reader-text\">Page <\/span>2<\/a><\/div>\n<p><a href=\"https:\/\/mypr.co.za\">Source: MyPR.co.za<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Republish for Free Republish This Story Republish our articles for free, online or in print, under a Creative Commons license. When it comes to investing in real estate in South Africa, secure eco-estates remain a popular choice, particularly along the coastline. And while the benefits of such investments are great, investing in a newly developed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":243321,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9021],"tags":[3257],"class_list":{"0":"post-243320","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mypr","8":"tag-mypr","9":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/11\/6-benefits-of-buying-into-a-new-real-estate-development-in-south-africa.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/243320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=243320"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/243320\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media\/243321"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=243320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=243320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=243320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}