VanderSpuy Cape Town is the appointed transferring attorney for The Montello. As an established firm of attorneys, conveyancers and notaries, VanderSpuy offers specialist conveyancing expertise and a trusted, professional approach to property transfers.

BetterBond, South Africa's leading bond originator, is the finance partner for The Montello. With access to all major banks and a track record of securing home loans efficiently, they make the bond application process seamless.

Bond repayments begin once the property is registered in your name, which takes place after construction is completed and the transfer process is finalised.

Bond registration costs are payable at the time of bond registration, once the development is complete and transfer begins.

There are no hidden costs. All prices are VAT-inclusive, meaning no transfer duty applies.

However, purchasers should plan for:

• Transfer and bond registration fees (where applicable)
• Occupational interest (if occupying before transfer, as outlined in your sale agreement)
• Municipal rates, taxes, and Body Corporate levies post-transfer

Yes - The Montello is pet-friendly, subject to Body Corporate approval.

Levies at The Montello contribute to the management, maintenance, and security of the development.

This includes:

• Building insurance (excluding contents)
• Security and access control
• Communal water and electricity
• Refuse removal
• Cleaning and landscaping of shared areas
• General repairs and maintenance
• Administration and management by the Body Corporate
• CSOS reserve fund contributions

Each unit is equipped with its own prepaid electricity and separately metered water system, ensuring fair and accurate billing.

The development will include:

• Access-controlled entry points
• CCTV monitoring of key communal areas
• Secure vehicle access
• Secure parking included.

Each unit includes one parking bay in the purchase price.

Occupation is possible once the occupation certificate is issued. From this point, you can either move in or lease your apartment.

Buying off-plan at The Montello allows you to:

• Avoid transfer duty (saving hundreds of thousands of rand)
• Secure today's prices ahead of expected market growth
• Benefit from new build warranties and developer guarantees

• Reserve your unit online at launch via The Montello's online price list
• An agent will contact you to confirm and send through the sale agreement
• Sign and return the agreement
• Pay your deposit to the transferring attorney
• Apply for finance through BetterBond or your preferred bank
• Once bond approval or proof of funds is secured, your purchase is confirmed

• A R10,000 reservation fee secures your unit (refundable only if bond finance is declined)
• Financed deals: The purchaser pays a 10% deposit upfront on signature, obtains bond approval within the agreed period, and provides a bank guarantee for the balance, which is payable on registration of transfer.
• Cash deals: The purchaser pays a 30% deposit upfront on signature, with the remaining 70% balance to be secured after fulfilment of the suspensive conditions and payable on registration of transfer.