Huguenot | Ask Away

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Frequently Asked Questions

To ensure priority access to Huguenot Estate, clients are required to register their interest on the website before the official sales launch, which is scheduled for the end of March or beginning of April 2025.

Individuals who register before the official launch date will receive exclusive login details for the “Select Your Home” configurator, allowing them to reserve and purchase their homes before sales open to the general market.

The earlier you register, the sooner you’ll have the opportunity to choose and secure your ideal property, giving you the first pick of available homes. This offers a distinct advantage, as the first clients to register will be given priority in reserving and finalising their sales.

Stay informed and be among the first to act—exciting updates are coming soon!

The first 25 buyers to register and successfully purchase a home will receive an exclusive R 50,000 discount. Registered buyers will get login access to reserve their homes before the open launch, ensuring priority. This discount can reduce your purchase price or provide cash back upon occupation. Terms apply.

The “Select Your Home” (Configurator) app, launching with sales in early 2025, allows registered buyers to explore available homes. Final home prices will be disclosed at launch and updated with each development phase, ensuring you have the latest information to make an informed decision. 

All reservations will be conducted online. Follow these steps to secure your desired unit:

  • Register Your Interest: Sign up on our website before the reservation date.
  • Go Live: When reservations open, use the “Select Your Home” (Configurator) to reserve your unit.
  • Select and Reserve: Choose your home and optional extras, click RESERVE, complete the form, accept the terms, and click CONTINUE.
  • Payment: Your reservation will be pending for 10 minutes. Pay a nonrefundable R 7,500 deposit via EFT and email proof. Once confirmed, your status will change to RESERVED, and you’ll receive a confirmation email.
  • Sign Agreements: Agreements of Sale will be emailed to you. Please print, sign, and return them within 48 hours. A refundable deposit is also required within 7 days – R7,500 for financed deals or 30% of the total purchase price for cash deals.
  • Final Steps: Secure the remaining balance within 21 days through bond approval, bank guarantee, or cash. For cash payments, a non-refundable 30% deposit is an option, with the balance due two months before transfer.

Stay alert and act quickly to secure your dream home!

Reservations are made online through the “Select Your Home” (Configurator) application. Register your interest before the launch. Once the countdown ends, a green reserve button will appear, allowing you to secure your preferred home by pressing it and paying the deposit. You’ll receive an email with the Agreements of Sale to sign within 48 hours.

The deposit will be paid into the transferring attorney’s interest-bearing account, ensuring that your funds are secure while also earning interest on your behalf. This means that not only is your deposit protected during the transaction process, but you will also benefit from accrued interest until the transfer is completed.

Take advantage of a R 50,000 launch day discount! Select from the finest available units and expect approximately 15% capital appreciation over 20 months as the developer installs estate infrastructure, engineering services, and builds your home. Don’t miss this opportunity for significant growth and savings!

In Paarl, comparable developments average over 10% annual capital growth, potentially increasing your property value significantly in five years. As rental income rises and bond repayments remain steady, costs become more manageable. Strong demand for secure high-end properties makes now an ideal time to invest for long-term wealth and income.

You can easily estimate your potential bond amount online using the Betterbond Indicator. This quick and user-friendly tool provides an approximate figure based on your financial details. However, please note that this is not a formal bond approval, but rather a helpful starting point for your mortgage planning.

If your bond application is declined, your deposit will be refunded with interest. The purchase agreement depends on bond approval. To avoid losing the R 7,500 non-refundable reservation deposit, consider getting pre-qualified to ensure you can comfortably afford the bond before the launch.

Once your bond is approved, repayments start after the estate infrastructure is installed and the stand is transferred to your name, following the bank’s first payment to the developer. Be prepared for this timeline, as you won’t need to make payments until the transfer is complete.

In this transaction, buyers benefit from no transfer duty, enhancing affordability. While transfer fees—often referred to as attorney costs—are typically incurred, these expenses will be covered by the developer. This arrangement simplifies the purchasing process, allowing buyers to focus on securing their new property without additional financial burdens.

Levies are essential fees that support the maintenance and management of the estate, covering vital services such as security, cleaning, and landscaping of common areas. They also encompass maintenance costs, building insurance, and operational expenses for property management.

Municipal rates and taxes, set by the Drakenstein municipality, are based on property value and service availability. Once the stand is officially transferred from the developer, you’ll need to budget for both levies and municipal rates.

For further details, please refer to the estimated levies schedule provided by the developer.

The contract price reflects the total amount for the property. Additional costs include monthly rates and levies. However, these costs are often offset by the interest accrued on your deposit during the construction period, making them more manageable.

Once the infrastructure, including roads and services, is complete, construction of your home will begin. After your home has been finished, you’ll receive an occupation certificate, permitting you to occupy or rent out your property. This certificate ensures compliance with safety and building regulations, providing a secure environment for you and your tenants.

Investors can take advantage of significant tax incentives under Section 13 sex of the Income Tax Act No 58 of 1962. This provision allows taxpayers owning five or more new residential rental units to claim up to 55% of the purchase price as a tax deduction. For instance, purchasing five units at a total price of R 15,000,000 (R 3,000,000 each) minus a launch discount of R 250,000 results in a final purchase price of R 14,750,000. The deemed purchase price would then be R 8,112,500. Investors can deduct 5% of this amount annually, leading to a total tax write-off of R 8,112,500 over 20 years, equating to R 405,625 per year.

To qualify for Section 13 Sex, taxpayers must own at least five residential units, with eligibility starting when they acquire their fifth new unit. Residential units refer to buildings or self-contained apartments intended solely for residential use, excluding business properties like hotels. All units must be located in South Africa and must be newly purchased—previously occupied flats do not qualify. Additionally, the units must be utilised exclusively for residential letting to qualify. For more details, please consult your tax advisor.

Boland Estates is a respected real estate development company with a strong track record in Stellenbosch, Paarl, and Durbanville. Founded by Omri Thomas, Jannie Kotzé, and Dirco Rautenbach, our team brings over 50 years of combined expertise and has successfully completed over 55 developments. We focus on new projects and revitalising historic properties, ensuring each venture reaches its full potential. Our passion lies in creating beautiful, lasting real estate that appeals to residents and investors. Experience the Boland Estates difference, where exceptional living and a sense of belonging meet enduring value.

Jozef Smit Architects, based in Paarl, are renowned for their expertise in luxury residential and commercial design. With a commitment to innovative architecture and meticulous detail, they create stunning spaces that blend functionality with elegance, enhancing both aesthetic appeal and quality of life for their clients in the Western Cape.

Amoré Strauss and Studio Monochrome Interior Designers, based in Cape Town, South Africa, bring extensive experience in creating exceptional environments. Specialising in residential, corporate, and retail spaces, they focus on client needs through innovative design concepts, 3D visualisation, and expert furniture procurement, ensuring each project is both aesthetically pleasing and functional.

Minitzer Attorneys prioritise personalised service and high standards in solution-driven legal advice. Their dedicated team ensures seamless collaboration for every client. With decades of experience, directors Dennis Minitzer and Stefan van Niekerk specialise in property law and real estate transactions, fostering strong relationships to help clients achieve their goals.

Founded in 1921, De Klerk van Gend(DKVG) is one of South Africa’s leading law firms, specialising in Property Law. With offices in Cape Town, Claremont, and Tyger Valley, their experienced team is committed to integrity and ethical service. Focused on transformation and diversity, they deliver tailored solutions for local and international clients.

BetterBond is South Africa’s largest bond originator, with over 20 branches and extensive experience in the property industry. They proudly assist buyers in achieving homeownership goals by offering expert support throughout the home loan application process, completely free of charge. Their services have helped over a million South Africans secure their homes.

Bond costs are payable upon the registration of the bond with your chosen finance provider, which occurs after the development is completed. This ensures that all financial obligations related to the bond are settled at the appropriate time, allowing you to focus on your new home without immediate financial pressure.

Residents of Huguenot in Paarl enjoy convenient access to essential locations. Klein Parys Vineyards is just 1.4 km away, and the N1 Highway is 2 km for easy travel. Paarl Mall and Medi Clinic Paarl are both 5 km away. For leisure, Paarl Golf Club is 2.8 km, and Fairview Wine and Cheese is 10 km. Explore nearby attractions like Franschhoek (25 km), Stellenbosch (30 km), Wellington (15 km), Worcester (49 km), and Babylonstoren (12 km). Cape Town International Airport is 40 km away, with the V&A Waterfront just 50 km, making this a prime location.

All residences will feature enclosed garages and paved parking in front of each house. Parking in streets, parks, and road verges is prohibited. Homeowners and their visitors face significant fines for blocking access or illegally parking in private open spaces, cycle paths, running lanes, or other unauthorised areas.

Each unit will be equipped with an independent electricity meter, allowing residents to monitor and manage their energy consumption effectively. This feature promotes energy efficiency and ensures that billing is accurate, giving residents greater control over their utility costs while encouraging responsible usage of electricity within their homes.

Water charges will be billed in arrears and metered based on individual unit usage, ensuring fair billing. To enhance efficiency and reduce costs, each home will feature a photovoltaic (PV) system for heating water in the geysers. This sustainable approach not only lowers energy expenses but also promotes eco-friendly living.

Estate security will manage residents’ high-value deliveries from platforms like Takealot, Temu, and Amazon, ensuring packages are received safely. Only pre-qualified local grocery delivery couriers, such as 60 Sixty, Pick n Pay, and Woolworths, will be allowed access, enhancing security and convenience while ensuring responsible and efficient delivery management.

In Huguenot, short-term rentals are prohibited, to foster a stable environment. Long-term rentals are allowed under the estate’s constitution. This policy enhances residents’ sense of belonging and preserves the integrity of the area. Additionally, all renters must undergo criminal background checks to ensure the safety and security of the residents.

Huguenot is a pet-friendly estate, welcoming residents and their furry companions. However, to maintain harmony and ensure safety, the estate enforces strict guidelines outlined in the constitution and rules. These regulations cover pet size, breed restrictions, and behavioural expectations, promoting a respectful living environment for all residents.

Construction of engineering services is expected to begin in August 2025, with completion anticipated by May 2026. House construction is projected to start in May 2026 and is scheduled for completion by September 2027. Summary of Key Dates:

  • Launch Sales: March 2025
  • Start Civils Construction: August 2025
  • Start of Stand Transfers: May 2026
  • Start Building First Houses: May 2026
  • First Occupation: December 2026
  • Last Occupation: September 2027 (last house in development)

Levies in a security residential estate cover essential services such as insurance, security, communal electricity and water, landscaping, and repairs and maintenance. However, they do not cover individual property repairs, personal insurance, or any utility costs incurred beyond communal services.

At Huguenot, your safety and peace of mind are our top priorities. Our advanced security features ensure residents receive optimal protection while maintaining privacy. Enjoy secure living with 24-hour security, access control, CCTV surveillance, biometric facial recognition, and vehicle number plate recognition, allowing you to relax and fully enjoy your space.

This location boasts high capital growth potential. Construction is estimated to start in September 2025. A deposit of R 15,000 is required for financed deals, while cash transactions require a 30% deposit. Pre-approval is necessary for bond transactions, and free bond origination services are available. No transfer duties apply. Projected monthly rentals range from R 17,500 to R 35,000

High-speed fibre connectivity provides residents with superfast internet in their homes, with data usage billed directly to the owner or resident. They will need to contact the service provider (ISP) to set up their own contract for internet service.

Selection items offer buyers the opportunity to personalise their homes at no extra cost. Choose from a curated mood board featuring three unique design options to inspire your aesthetic. Additionally, you can select your preferred bedroom cupboard colour, allowing you to create a space that truly reflects your style.

Enhance your home with various optional extras, including air conditioners for all rooms, an inverter with battery backup, and Bosch appliance packages (basic or extended). Choose a furniture package, landscape package for beautiful gardens, upgraded lighting fixtures, premium countertops, a fireplace (gas, wood, or electric), and ceiling fans in bedrooms.

For a clear understanding of the project’s stages, here’s an overview of the sales phases and the associated timelines for each batch of homes. This will help you gauge the progress of the estate and your expected move-in date.

Sales Phase 1

  • Transfer of Stands: May 2026
  • Start of Construction: May 2026
  • Practical Completion: December 2026
  • Estimated Occupation: December 2026

Sales Phase 2

  • Transfer of Stands: June 2026
  • Start of Construction: June 2026
  • Practical Completion: January 2027
  • Estimated Occupation: January 2027

Sales Phase 3

  • Transfer of Stands: June 2026
  • Start of Construction: July 2026
  • Practical Completion: February 2027
  • Estimated Occupation: February 2027

Sales Phase 4

  • Transfer of Stands: July 2026
  • Start of Construction: August 2026
  • Practical Completion: March 2027
  • Estimated Occupation: March 2027

Sales Phase 5

  • Transfer of Stands: August 2026
  • Start of Construction: September 2026
  • Practical Completion: April 2027
  • Estimated Occupation: April 2027

Sales Phase 6

  • Transfer of Stands: September 2026
  • Start of Construction: October 2026
  • Practical Completion: May 2027
  • Estimated Occupation: May 2027

Sales Phase 7

  • Transfer of Stands: September 2026
  • Start of Construction: November 2026
  • Practical Completion: June 2027
  • Estimated Occupation: June 2027

Sales Phase 8

  • Transfer of Stands: October 2026
  • Start of Construction: December 2026
  • Practical Completion: July 2027
  • Estimated Occupation: July 2027

Sales Phase 9

  • Transfer of Stands: November 2026
  • Start of Construction: January 2027
  • Practical Completion: August 2027
  • Estimated Occupation: August 2027

Sales Phase 10

  • Transfer of Stands: December 2026
  • Start of Construction: February 2027
  • Practical Completion: September 2027
  • Estimated Occupation: September 2027

At Huguenot Estate, we provide homeowners with high-speed internet connectivity, but it’s up to you to extend your in-house network and manage your IT needs. For expert support, we recommend Kwik Support, led by Steve Seddon and his experienced team.

With over 30 years of experience and a 99.9% system uptime, Kwik Support ensures seamless network solutions. They collaborate with us during construction to set up your home’s network infrastructure, so you have reliable connectivity from day one.

Kwik Support Packages:

  • Basic Network Package: 1 ethernet point, 1 WiFi access point, IT support
  • Enhanced Network Package: 2 ethernet points, 2 WiFi access points, IT support
  • Custom Network Package: Tailored ethernet points and WiFi coverage to your needs
  • Why Choose Kwik Support?

Expert installation and coordination with developers

  • Professional-grade equipment
  • 83% same-day resolution rate
  • Local, personalized support
  • Future-proof technology planning

For more details on packages and services, visit: https://kwik.support/huguenotestate

Elana Bosman of Volschenk & Heyns is Huguenot Estate’s preferred rental agent, offering landlords and tenants a seamless, stress-free experience backed by her extensive expertise in property law and rentals.

They ensure legal compliance, carefully selects tenants, and manages properties efficiently, giving clients peace of mind at every step.

Whether you’re letting or renting a property at Huguenot Estate, Elana’s expertise ensures a smooth and professional experience from start to finish.
Contact her today at 082 804 6426 or elana@volschenkheyns.co.za.

With three decades of expertise in the home loan and finance industry, Anelda Smith from BetterBond is our dedicated Bond Originator for Huguenot Estate.

She is a highly skilled and trusted Bond Originator dedicated to securing the best mortgage solutions to our clients.

Her extensive knowledge of the lending market, strong relationships with top financial institutions, and commitment to personalised service ensure a seamless and stress-free experience for homebuyers.

Whether you’re a first-time homebuyer or a property investor, she is committed to making your home loan journey smooth, hassle-free, and financially rewarding.

At Huguenot Estate, we are committed to providing homeowners with high-speed internet connectivity as part of our top-tier offerings. It is however, the responsibility of individual homeowners to extend their network throughout their homes and ensure their general IT needs are catered for. For ongoing support, we proudly recommend Kwik Support, led by Steve Seddon and his expert team. With over 30 years of industry experience and an impressive 99.9% system uptime, Kwik Support is our and your trusted partner for professional network solutions. They collaborate with us, the developer to ensure your home’s network infrastructure is set up during construction, providing seamless connectivity from day one.

For more details on their packages and services, visit: https://kwik.support/huguenotestate Steve Seddon and his team at Kwik Support are ready to assist you with all your network and IT needs.

Feel free to contact them directly for further information or any questions you may have.

SmartMatter is a FinTech company with a mission to empower the property industry with a scalable end-to-end payment solution

SmartMatters’ solution optimises all payment processes at Huguenot Estate, employing innovative FinTech solutions to optimise billing, collection and reporting.

The payment process is structured in stages:

  • R7,500 Reservation Deposit: Payable immediately to secure your unit.
  • R7,500 Contract Deposit: Due once contracts are signed, prior to submission for bond application.
  • Balance of Deposit: Based on bond approval outcome (e.g., a 90% bond approval would require a 10% deposit). In case of Cash-buyers – 30% of total Contract Value.
  • Erf Transfer Payment: Payable once services are installed and approved by the municipality and your stand transfer to you, the purchaser. If bonded, this will be paid from your deposit + remaining portion by the bank.
  • Construction Payments: These are paid monthly based on completed work (drawings from the builder).

Note: Depending on how your bond is structured, interim interest may be payable during construction. Some banks may offer up to 105% bonds to assist with this. Speak to our Bond Originator for guidance.

While you are not obliged to use BetterBond, we strongly recommend working with our Bond Originator Anelda Smith of BetterBond. She applies to multiple banks on your behalf, negotiates the best possible deal, and is highly familiar with Huguenot Estate’s process.

If you have an existing relationship with Investec, simply inform Anelda – she will include them in the application process. Her experience with this specific development greatly increases your chances of success and simplifies the process for you.

Once your erf is transferred into your name, municipal rates will be payable directly to the municipality. Based on similar nearby developments, you can expect municipal rates of approximately R1,600 per month.

Estate levies will be around R1,300 per month for the first year, with a planned increase in year two according to the estate’s approved budget.

For a detailed breakdown of all costs and a 3-year financial forecast, visit our “documents” section on this website.

Stand transfer will take place once services (roads, electricity, water) are installed and approved.

Construction begins immediately after transfer and should be completed within 9 months. Occupation only takes place after final payment to the builder has been made.

As a result, occupational rent does not apply – you’ll take possession of the home once it’s fully built and paid for.