FAQs
Have a question about property from Ruttinger Marketing cc? Find the answers below.
Ruttinger Marketing cc specialises in developing and building dream homes for families or couples on carefully selected plots of land.
Our team consists of top architects, engineers, and builders in the region, ensuring high-quality construction standards.
No, we prioritise high-quality construction and do not compromise on the excellence of our projects. We do not save on the material, the quality of the material or the quantity of material used.
We meticulously plan the layouts of our homes to create dream homes. We only select well-designed plots with pleasant neighborhoods. Wherever possible, we try to preserve existing flora and incorporate it into the residential project. Every detail in the building process is important to us and is considered and taken into account.
We need about 3 months plus/minus for our construction projects. If you are interested in a current project that is advertised here, we have noted an approximate time frame on it.
The final costs of the house are the advertised price offer plus a turnkey fee of 0.5%.
Yes, you buy directly from the investor/developer. Ruttinger Marketing cc is a company subject to VAT. VAT is already included in the purchase price and Ruttinger Marketing will pay the VAT amount after transfer. The current VAT rate is 15%.
Transfer duty is the tax payable by the buyer on a property purchased, unless the seller is a Vat vendor, in which case VAT is payable by the seller.
Ruttinger Marketing cc is a VAT vendor.
So, no, you don’t need to pay transfer duty when you buy a house from Ruttinger Marketing. A really great advantage that we offer you as an investor.
Nevertheless, here some information, how transfer duty normally is calculated to estimate your advantage. For example, on a property purchased for R2 million, if the buyer is to pay transfer duty, transfer duty amounts to R50,250 (according to transfer cost calculator). However, if the seller is a VAT vendor, and the property is subject to VAT, the buyer could end up paying a purchase price inclusive of VAT of R2 300 000.
Transfer duty is not applicable on the first R1 000 000.
Transfer duty is calculated incrementally for property acquired on or after 1 March 2020 as follows:
| R1 000 001 – 1 375 000 | 3% on the value above R1 000 000 |
| R1 375 001 – R1 925 000 | R11 250 + 6% of the value above R 1 375 000 |
| R1 925 001 – R2 475 000 | R44 250 + 8% of the value above R 1 925 000 |
| R2 475 001 – R11 000 000 | R88 250 +11% of the value above R2 475 000 |
| R11 000 001 and above | R1 026 000 + 13% of the value exceeding R11 000 000 |
No, it can only be one or the other, with the deciding factor being whether or not the seller is registered for VAT. Ruttinger Marketing cc is registered for VAT. However, the difference between them can hurt your pocket if you’re unprepared and haven’t budgeted for paying either transfer duty or a purchase price inclusive of VAT.
When VAT is applicable and the buyer is a registered VAT vendor, the buyer may claim the VAT that forms part of the purchase price as VAT input from SARS in the form of a credit on their next VAT return. The contract must state the purchase price plus VAT. That wording is very important.
Every house built as a project by Ruttinger Marketing is enrolled with the National Home Builders Registration Council, the NHBRC, which ist he regulator oft he home building industry. The NHBRC ensures that builders comply with the presribed building industry standards in the Home Building Manual and protects consumers from poor workmanship, substandard houses and inferior quality of material. The NHBRC enrolment is proofed by a certificate from NHBRC.
Your new house’s structure comes with a 5-year warranty by the NHBRC, but please note that if you do any structural work or make any changes to your house’s structure, this warranty will also be invalidated.
Yes, you can change the flooring by choosing the tiles or you can also opt for laminate flooring and decide the colors of the interior walls.
This option is available up to 2 weeks before the house is completed.
However, this requires that you have already purchased the house via a purchase contract and that the purchase price has been deposited with the attorney.
We will be happy to hand over your turnkey house once you have paid the purchase price in full.
Since we as investors finance our house projects with our own funds, we are independent and not tied to any bank. For your financing, we therefore recommend that you contact your bank.
An occupancy certificate, also known as a “certificate of occupancy” or “use certificate,” is a document issued by the local government in South Africa that indicates that a building or property has been inspected and deemed safe for occupation.
In other words, an occupancy certificate is a formal approval from the government that a property is ready for use and meets all necessary building and safety codes.
And, yes, the houses from Ruttinger Marketing do have of course an occupancy certificate.
Yes, we make sure that the property is definitely free of legal encumbrances.
While we have chosen the best plot and designed an attractive house, yours responsibility as a buyer in maintaining and caring for the property is crucial in ensuring and potentially enhancing its resale value.
The selected plot offers already a perfect location, and the house design is modern and appealing. These factors set a strong foundation for a high resale value, provided the property is well-maintained.
Regular maintenance and timely upgrades can significantly impact the property’s resale value. Keeping the home in excellent condition preserves its market appeal.
Investing in quality landscaping, interior upgrades, and energy-efficient systems can further boost the resale value. The initial design is attractive, and these enhancements can make it even more desirable.
The property’s resale value will also depend on market conditions at the time of sale. Staying informed about local real estate trends can help you time your sale for maximum benefit.
The ongoing development and improvement of the surrounding community can positively affect property values. As developers, we only invest in properties that we would live in ourselves. Engaging in local community activities and supporting neighborhood enhancements can contribute to this growth.
Maintaining the exterior and ensuring the property has strong curb appeal can attract potential buyers and positively impact resale value. A well-kept garden and clean façade make a significant difference.“
Keeping thorough records of all maintenance, repairs, and upgrades helps in demonstrating the property’s value to potential buyers. Proper documentation can support a higher resale price.
We are confident that buying one of our homes is also a good investment. In the event of a subsequent resale, we are confident that you will probably be able to achieve a good price.
While there are many benefits to buying a new-build home, the fact that it is newly built means additional factors you need to take into consideration. You’ll be the first to live in the home and, as such, there’s no one who can provide you with a first-hand account of the living experience, you’ll need to investigate that yourself.
No Transfer Duty
The payment of transfer duty only applies when a property changes ownership, which is obviously not the case with a new build from Ruttinger Marketing.
In South Africa, any existing property priced over R1’000’000 requires the payment of a transfer duty, which increases exponentially with the cost of the house. Where transfer duty does not apply, such as on the sale of a new-build development property, the savings can be significant. For example, the transfer duty on a R2’000’000 property amounts to R41’625 (including VAT). This is a valuable saving.
Less VAT
In the absence of the payment of transfer duty, you will have to pay VAT, as the house is registered in our name as the development company, and is thus subject to a tax on the sale of immovable property.
Nevertheless, you will still pay less tax on a new build than you would have done were you to buy an existing property from a VAT registered private seller. The difference is that a new development property is registered at the minus-VAT value.
The new home doesn’t feel “lived in”
A new home is a fresh new environment, ideal for someone who’s looking to embark on a new chapter with their family. There’ll be no signs of the home having been lived in, of a previous family having occupied it, to break your immersion.
Less maintenance costs
While the home will still need repairs at some point, for the first few years at least, the chance of you having any major issues are low. So while buying a new-build home may be more expensive in a lot of cases, it’s balanced out by how much you’ll save in maintenance costs.
As the new responsibel owner of a new home, you need to take steps to secure it and perform regular home maintenance to ensure that it stays in good condition and to protect your investment for many years to come. With Ruttinger Marketing by your side, owning your dream home can now easily become your reality.
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How to Get Our Services
Explore our range of private real estate developments and dream homes.
Get in touch with our architects, engineers, and builders to discuss your project requirements.
Work with our team to tailor the flooring and the inside colour design to create your perfect home.
Discover our commitment to premium construction standards for lasting quality and satisfaction.