Real Estate Investor April 2022 | Page 25

FAQ SECTION

COMPETITION
We ask Tim Stiff from Benguela Cove Property Sales about common queries regarding the development .
PRICE OF LEVY ? The current levy is R3223 per month as of 2021 .
TIME TO BUILD ? You have two years from the date of transfer to start building .
CAN I USE MY OWN BUILDER , ETC ? Of course . We also have trusted architects , project managers , builders , quantity surveyors and interior designers who we have worked with and who we can recommend .
BUILDING STYLES ? There are four different styles depending on where in the Estate you buy .
AVERAGE BUILDING COSTS ? On average , the cost ranges between R20k-R25k per square metre , depending on finishes .
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