Frequently Asked
Questions

WHO IS THE DEVELOPER OF THE ESTATE?

The developer, Valverde Estate (Pty) Ltd, is a consortium of private shareholders who have in depth expertise of residential estate development, having developed estates in both South Africa and Europe.

WHO WILL BE THE BUILDING CONTRACTORS AT THE ESTATE?

The developers are currently selecting a panel of locally based building contractors to undertake the house construction on the estate.  The contractors are being carefully selected for their ability to deliver quality construction.

THE PROFESSIONAL TEAM BEHIND THE ESTATE?

Urban Design: Urban Studio

Architect: Bruce Wilson  Architects (first phase)

Project Management: By the developer

Civil and Structural Engineers: De Vos Paxton

Traffic Engineers: UDS

Landscape Architect: CNdV

Electrical Engineers: Lyners Town Planners/Land Surveyor: CK Rumboll

Conveyancing and Legal: Agents: MHI Attorneys Elize de Witt, Lanis Salmon and Ryan Hunt Properties

Marketing Consultants: Rainmaker Marketing

WHICH BANKS ARE ASSOCIATED WITH THE DEVELOPMENT?

All major banks providing mortgages will be drawn in to provide pre-approved mortgages, subject only to purchasers’ credit approval.

WHO IS THE BOND ORIGINATOR ASSOCIATED WITH THE DEVELOPMENT?

The BetterHome Group is the chosen mortgage originator.

WHAT IS THE TOTAL SITE AREA AND NUMBER OF UNITS IN THE ESTATE?

The total estate is 39,6 hectares. 65% of the estate will be allocated to parks, common facilities and road circulation evidencing the relatively low density. The estate will comprise a maximum of 440 residential units when completed.

IS THE ESTATE GOING TO BE A CONTROLLED ACCESS ESTATE FOR SECURITY?

Yes, the estate will be access controlled, with one access point which will utilise smart technology to control access and egress for both residents, visitors and contractors.  The estate also be further secured with a perimeter fence with cameras to provide a further layer of security.

The estate gatehouse will be manned 24/7 with biometric access control as well as a perimeter security wall with cameras supported by security back up and night patrols.

WHAT ARE THE ANTICIPATED MONTHLY LEVIES AND RESERVE FUND LEVIES?

Initial monthly levies are estimated at  TBC    per month and a reserve fund contribution of TBC  per month.

WHAT ARE THE EXPECTED MUNICIPAL RATES PER MONTH?

Based on the City of Cape Town current rates tariff, rates on a property valued at R5m will attract monthly rates of R2,942.

WHEN WILL CONSTRUCTION START AND WHEN IS IT ESTIMATED TO COMPLETE?

Construction on the civil services is anticipated to commence in second half 2025 with first house construction commencing in second half 2026.  The estate is planned to be developed in 5 phases and the size of the development allows for phases under construction to be well screened from completed phases with a separate construction access. This will minimise the construction disruption to residents on site.

WILL THE ESTATE HAVE BACKUP POWER SOLUTIONS?

The gatehouse and security systems will have 24-hour backup power. Communal facilities will also have back up power. The houses will be offered with a solar power option for interested purchasers. 

WILL HOUSES COME STANDARD WITH AIR-CONDITIONING OR IS IT AN OPTIONAL EXTRA?

Each house will be completed with the reticulation to allow

air-conditioning. The choice of whether to opt for and install air-conditioning will be a choice for purchasers as an optional extra.

ARE THERE RESTRICTIONS ON BUILDING MATERIALS AND FINISHES?

Yes, all house designs and alterations need to comply with the Architectural Design Guidelines approved by the local authority and which can only be amended by the developers and Home Owners Association. This is to retain the architectural ethos of the estate as well as protect investment value for purchasers.

ARE PETS ALLOWED ON THE ESTATE?

Yes, pets are allowed on the estate, within the estate rules which will mirror current municipal by-laws regarding pets.  No exotic pets will be allowed.

WHAT ARE THE RULES REGARDING SHORT-TERM RENTALS?

In the interests of permanent residents, as well as security considerations, no Air BnB will be permitted and any lease longer than 3 months will be permitted subject to the right of the Home Owners Association to vet the prospective lessee.