Sunday Tribune

Tuscan Villas – Ballito’s ‘best value’

April release already 80% sold

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IN 2002, Umhlali Golf Club approached well-known property developer, the Regency Group, with a view to establishi­ng a limited number of upmarket exclusive homes on the existing Peter Makovitch signature golf course.

A decision was made to create a Tuscan village theme. Great considerat­ion was given to spacious layout and density was limited to a maximum of 180 homes, as opposed to many other golf estates that comprise 600 or more homes.

The estate offers a petfriendl­y family lifestyle incorporat­ing tennis, squash, bowls, swimming pools, putting greens, driving range, golf and a luxurious clubhouse with a pro shop.

There is a play area for children complete with a trampoline, jungle gym and a clubhouse for exclusive use of under eight’s.

Security consists of state-of-the-art hightech security backed up by patrolling guards. The developmen­t consists of four villages, the first three of which are already sold out. According to the Regency Group, this was achieved entirely through word-ofmouth referrals and without advertisin­g.

The fourth village within the estate, “Tuscan Villas”, has been completed before being made available to the market. “We wanted to complete the villas first, as opposed to selling off-plan,” explains the team from Regency. “We believe this gives the purchaser peace of mind as there are no surprises – what you see is what you get.”

Even the village’s communal pool and gazebo have been completed and furnished, together with the children’s playground.

With many bond applicatio­ns being rejected by banks, the Regency Group has introduced an innovative financial plan whereby after paying a deposit, the homeowner can fix his monthly commitment at eight percent of the outstandin­g balance. This payment is fixed for five years, and provision is made for death or loss of employment.

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