Welcome to Nova

Karma Properties specialises in building well-designed apartments for homeowners and investors in strategically selected suburban areas of Cape Town. They ensure complete hands-on control from concept to delivery by focusing on developments with 4 to 20 apartments.

Karma works closely with architects and interior designers to maximise the visual and practical aspects of each space. We aim to attract buyers looking for brand new complexes featuring open space living and well-designed security features.

https://www.karmaproperties.co.za/

NL Architects is an architectural studio passionate about delivering exceptional designs from concept to completion. Our team of experienced architects and technologists is committed to delivering innovative and sustainable solutions tailored to meet the unique needs of each client. We believe that architecture has the power to shape the world we live in, and we strive to create spaces that inspire and delight. We take pride in our ability to think outside the box and push boundaries to deliver projects that go beyond expectations.

https://www.nlarchitects.co.za/

Cape Dutch Construction has been building beautiful Cape Town homes since 1985. They have completed over 100 houses in and around Constantia, Bishops Court, Hout Bay, Fish Hoek, Noordhoek, Simons Town, Glencairn, Muizenberg, Tokai, Bergvliet, Newlands and Claremont. Over the years, Cape Dutch Construction has earned itself the reputation of a quality, reliable and responsive building company that offers vast experience and knowledge for any residential construction or re-modelling projects.

Established in 1900, STBB is a firm of approximately 90 business-minded lawyers practising from 12 branches throughout South Africa. By understanding our clients’ needs and objectives, we strive to deliver cost-effective legal solutions for all business and personal matters. We are committed to developing close working relationships with our clients, enabling us to succeed consistently on their behalf. Big represents our reach and professionalism. Small is our personal approach to our work and our clients.

https://stbb.co.za/

Transfer Duty is a tax levied on the purchase of a property in South Africa over R1 050 000. When purchasing into a new development, the price includes VAT and therefore leading to a substantial saving to the Purchaser as no Transfer Duty is applicable. 

Transfer Costs are the relevant administration and legal costs that a Purchaser would pay to the conveyancer/transfer attorney. In this case this would be STBB.

Since it was founded in 2000, BetterBond has grown to become the largest bond originator in South Africa, with specialist experience in the property industry and more than 20 branches nationwide supporting our real estate partners and customers. We take special pride in assisting first-time buyers to realise their dreams of homeownership, by offering expert assistance and support at every step of the home loan application process More than a million South Africans have become homeowners thanks to our services and our approval rates are industry leading.

https://www.betterbond.co.za/

Bond repayments will commence once the property has been transferred to your name and the bank has settled the payment to the seller. This follows after completion and occupation for the development, projected for Q4 2025.

Bond costs are payable at the time that the bond registers to your independent finance provider, once the development is complete.

4 Vriedenhof Road, Upper Wynberg, Cape Town, 7800

Maps link

• 250m away or 3 minutes walk to Maynardville Park and Open Air Theatre
• 200m or 2 minute drive to your nearest Clicks and Dis-Chem Pharmacies 
• 400m or 2 minutes to the closest Laundromat 
• 900m or 3 minutes to SAPS Wynberg Station 
• 1.1km or 3 minutes away from Victoria Hospital Wynberg
• 1.1km or 3 minutes away from your nearest vet & pet store 
• 1,1km or 3 minutes to Wynberg Girls High School  
• 2.5km or 6 minutes to Wynberg Boys High School 
• 3km or 7 minutes drive to your nearest Woolworths
• 3km or 8 minutes from the nearest Virgin Active 
• 3km or 8 minutes from Royal Cape Golf Club and Course
• 3km or 8 minutes to 3Arts Village and Mall 
• 4km or 9 minutes from Constantia Village 
• 7.5km or 12 minute away from University of Cape Town, Main Campus
• 7.5km or 15 minute to Klein Constantia Wine Estate and Vineyards 
• 15.3km or 23 minutes to Houtbay 
• 17.8km or 25 minutes away from The V&A Waterfront 
• 18.4km or 28 minutes to Llandudno Beach 
• 22km or 25 minutes away from Cape Town International Airport

Nova is pet friendly upon body corporate approval   – you are 250 metres away from your nearest park, less than a 5 minute walk away.

Completion for Nova is projected for Q4 2025.

• Insurances 
• Security 
• Communal electricity & water 
• Landscaping 
• Repairs and maintenance

• Camera system covering all entrances and strategic points
• Camera coverage on your vehicle and vehicular movement
• Option to link cameras to your apartment TVs and also to view cameras from mobile phones
• Access to gates operated from inside apartments with voice intercom clearance
• Remotes issued to owner for all gates
• Entry points automated, and remotes fitted with panic buttons linked to armed response
• Option for armed response to include “meet and greet” at gate if so requested
• High voltage electric fence protects perimeter
• All cars/motorbikes behind security gates in owner’s allocated bay
• Optional additional security such as personal alarm unit or additional internal/external cameras

After the completion of the reservation and sale agreement, the transfer process will commence. Occupation will be given as soon as an occupation certificate is granted. You will be able to occupy or rent out your apartment from the date of occupation.

• Cape Town sees an average annual capital growth of 7%, so your property value is growing at roughly 7% p.a. but you are only required to put down 10%-30% of the development value when securing your home. The balance is only due on transfer (on project completion). 
• This means you are getting growth on the full purchase price of the property during the marketing and construction period while  only having to put down a fraction of the purchase price at the start of the project. 
• By purchasing into a development, you also save a substantial amount by not paying Transfer Duty on the purchase. For example if you were to purchase an existing property for R3 000 000, you would pay approximately R150 000 just in Transfer Duty. In Nova, you do not pay Transfer Duty and therefore save R150 000.  
• The benefits of purchasing in a new development also come in the form of guarantees and warranties on the building and appliances. For example the development will be registered with the NHBRC which is a form of insurance which protects purchasers on new buildings for a 5 year period.

• Reserve your home online via our website on Launch Day – 25th June 2024  
• Sign your sale agreement
• Pay your deposit to STBB 
• Apply for finance which is to be  secured within 21 days utilising our in house bond originators BetterBond
• Construction of the estate will commence and you will take transfer upon completion of the development