Low cost of living at Mason
/in Insights, Uncategorised/by adminSituated in the coastal town of Amanzimtoti, Mason presents the ideal residential opportunity for first-time buyers or investor looking to expand their property portfolio. With the ideal price, location, and product offering, you can reap the rewards of having minimal cost when it comes to buying a brand-new home.
Bond repayments
When it comes to the bond application and process of purchasing a home, many buyers opt to borrow the total purchase price of the home or even a little more if permitted to cover additional costs like conveyancer fees. With Mason being an off-plan development, you will only be expected to start paying towards your bond once the property has been transferred to you; which gives you some time to save. With the interest rate at 7%, when purchasing your apartment at Mason, you can expect a bond repayment of approximately R7 753 per month. Purchasing now would give you a lower bond repayment and investors will benefit from higher profits when renting out their unit.
Perks of buying from developer
Purchasing within Mason now means that you are buying directly from the developer. With this comes a few cost saving perks. One of these cost saving perks is the fact that you will not pay transfer duty.
Maintenance costs
Being a brand-new development, homeowners will not need to worry about high maintenance costs. All fixtures and finishes will be new and therefore will need little to no maintenance. Additionally, due to there being little maintenance needed, levies start off being low.
Green advantage
Mason, unlike most developments within Amanzimtoti, is a green-rated estate. As an EDGE-certified development, your apartment is fitted with smart meters, solar power geysers, energy saving light fittings and more. These fixtures help homeowners reduce carbon emissions while saving at least 20% on utility bills.
Mason has seen immense interest, with 14 sales achieved over the festive season alone. As an ideal area for families and budding professionals, homeowners will enjoy living close to all essential facilities, including schools, hospital, medical suites as well as a range of entertainment and retail amenities. Ensure you use this opportunity to secure your future home this year.




