It’s time to get a foothold on the property ladder

With the current low interest rate of 7%, owning a home has become more affordable. The South African market is primed for a real estate boom as more people opt to invest their money into property because it offers wealth security and the opportunity to grow their money. Before you purchase property, it is important that you select property that will yield good returns in time to come. Mason Arbour Town is a residential development that is poised to attract new homeowners. With a competitive price point under R1 million and with a low deposit, investing into this development is accessible and affordable.

With only a R10 000 deposit, you can secure your unit at Mason. As an off-plan development, your deposit is the only financial investment you will be required to make up until transfer. This stands you in good stead because any growth on the value of your unit will be yours to keep. In the first year, you can earn as much as 1030% back of your initial R10 000.

This also demonstrates that buying in an off-plan development as early as possible is the best thing to do. By nature, launch prices are the lowest prices offered by a developer. By purchasing your Mason off-plan as early as possible, all factors are in your favour for you to experience the greatest value growth on your investment. The combination of a low interest rate and competitive rates offered by the banks creates the ideal climate for property investment. Financial forecasters have said that the interest rate will steadily climb over the next few years, therefore it is unlikely that we will see an interest rate as low as this for a long time.

Your bond is only payable from transfer which means that you can secure your Mason unit now and enjoy up to 18 months before your pay your first home loan instalment.

Those who are looking into purchase at Mason to earn a rental income will find the competitive buying factors attractive. With sectional title rental demand in Amanzimtoti at 60%, you can expect demand for your investment as it is located in a prime node that is close to shopping centres, hospital and medical suites, schools and businesses. This investment will translate into a huge saving for buyers. Owners can expect to earn from 7.1% in their rental yield within year 1.

With the historically low interest rate, competitive home loan terms being offered by banks as well as property investment priced below R1 million, the conditions for property investment have never been better. Mason is your foray into the world of property ownership in a residential development which is primed for value growth in time to come.