Frequently Asked Questions

Berman Brothers Group (BBG)

Celebrating over 35 years of innovation under construction, commitment, and consistency, BBG has become synonymous with elegance, timeless luxury and striving for perfection. 

Each development is uniquely crafted, but what remains constant is execution at the highest level of professionalism and integrity creating lasting value for investors.

In addition to development, BBG manages an extremely successful Asset Management portfolio, proving that they remain invested in their projects well beyond handover. This ensures that your investment with them is delivered as if it were their own home.

They also pride themselves in collaborating with experienced professionals to deliver these landmark buildings.

https://bermanbros.co.za/

Robert Silke & Partners

Robert Silke & Partners is an award-winning firm of architects and interior designers specialising in the commercial, hospitality and residential sector. 

With real expertise in large-scale retail, hotels, offices and residential projects, the practice has both the creative edge and the technical backbone to see complex projects through to successful completion.

https://www.robertsilke.com/

R+N Master Builders

R+N Master Builders, formerly known as Resnekov & Nielsen, is the Cape’s leading construction company. Established in 1948, they have played an integral part in shaping Cape Town’s built environment for over 77 years. The legacy of their founding members is one of scrupulous honesty, collaboration, fine craftsmanship and hard work. These unshakeable principles continue to guide them through all of their projects.

https://r-n.co.za/ 

Options to purchase furniture packs will be made available and shared with prospective purchases in due course. 

Strauss Daly

Since opening its doors in 1984 Strauss Daly has grown, evolved and modernised to become one of the most prominent and progressive legal firms in South Africa. Their team of experts has extensive knowledge and experience of the property market in South Africa, and pride themselves on efficient, cost-effective handling of property-related transactions. They are on the panels of all major financial institutions.

https://www.straussdaly.co.za/

Ooba

At Ooba, an expert will guide you through the bond process or you can do it yourself if you prefer.

Ooba assists with obtaining the best interest rates from all the major banks.

Ooba has obtained development pre-approval from all major banks, therefore it gives buyers the best chance of getting your home loan approved.

https://www.ooba.co.za/

43 Regent Road, Sea Point, Cape Town

Click the link to view it on Google Maps: https://maps.app.goo.gl/4gy87sfLQ12M25Gf8

Construction has commenced. Estimated completion is in November 2026.

Mont Reve includes a ground floor plus 8 storeys comprising 116 units:

• 46 hotel units sold to a hotel operator
• 54 apartments for sale (including 2 large residences, 2 duplex penthouses and 2 penthouses) 
• 16 apartments reserved for later release

Standard finishes option available as well as an upgraded specs. 

Penthouses have their own specifications.

Approximately 1,500m² of ground floor and a portion of the first floor shall be reserved for retail which may be enjoyed and utilised.

3 Pools:

• 1 pool on the 2nd floor serving the hotel only (includes hotel clubhouse) – 27m2
• 1 pool on the 7th floor serving residential only (includes residential clubhouse) – 50m2 18m long lap pool
• 1 pool on the 8th floor serving penthouses only (includes executive penthouse lounge) – 30m2 15m long lap pool

 Residential Facilities:

• Dedicated reception desk (penthouse and residential will share desk)
• AC and parking included where indicated on the pricelist

5 Lifts: 

• 1 service lift servicing hotel and restaurant
• 1 dedicated penthouse lift
• 1 residential lift
• 1 hotel lift
• 1 shared hotel and residential lift

Yes

• 3 storeys of secure underground basement parking (total 157 bays)
• Dedicated penthouse parking with direct access to their lift
• Retail parking bays are available which patrons can use and pay for per hour

Yes: 

• 2 beds receive 1 parking bay 
• 3 beds receive 2 parking bays 
• Penthouse sections include 4 parking bays per unit in a dedicated enclosed garage area 
• Extra parking bays are optional to purchase at R375,000 Incl VAT per bay

• Camera System: Central point monitored by 24h manned/ remote security.
• Access Control (Parking): By way of remote or similar.
• Access Control: Smart electronic access control at common building entry points with Smart Electronic Locks or similar to apartment front doors.
• App Based – Intercom Apartments: App based (mobile phone) intercom system.
• Fibre: Fibre ONT point – wi-fi ready (router by owners).
• Heat Pump: Centrally located hot water supply (individually metered).
• Water Meters: Hot and cold meters will be installed with smart wallet system.
• Electricity Meters: Electricity meters will be installed with smart wallet system.
• Domestic Water Storage: On-site 24hr back-up water storage provided.
• Sprinkler Protection: Basements will be sprinkler protected, with some apartment windows facing the walkway will require drenchers.
• Fire LV System: Central fire system will be connected to all detectors as provided.
• Lightning Protection & Earthing: Lightning Protection and Earthing to satisfy SANS codes will be provided.
• Back-up power: Full diesel generator back-up + UPS changeover power are provided.

Additional parking bay at R375,000 Incl VAT per bay.

Additional air-conditioning units where applicable.

Option to upgrade finishes to upgraded spec:

• One bed: R335 000 Incl VAT 
• Two bed: R600 000 Incl VAT 
• Three bed: R910 000 Incl VAT

Yes at R35,000/sqm

• 1-Bedroom apartment gets 1 AC unit per apartment – to select lounge or main bed. 
• Studios will automatically get their AC unit in their bedroom. 
• We are installing multi-split units meaning that individuals can opt to add air-conditioning units at an additional price should they require additional units in their other bedrooms. 
• 2-Bedroom apartments get 2 AC units – one for lounge and one for main bed.
• 3-Bedroom apartments get 2 AC units – one for lounge and one for main bed.

Yes, can be purchased separately.

Yes, fully powered by generator.

Yes, following sustainable practices.

Yes

Yes, there are 5 lifts:

• 1 service lift servicing hotel and restaurant
• 1 dedicated penthouse lift
• 1 residential lift
• 1 hotel lift
• 1 shared hotel and residential lift

Small pets are permitted subject to pet approval process.

Units smaller than 50m² are permitted one pet.

Units larger than 50m² are permitted two pets.

Permitted for residential units on the 3rd to 8th floor.

Short-term letting shall be for a minimum period of not less than seven days for the Residential Sections.

Yes, subject to trustee approval of letting agency.

Other than hotel, yes.

Yes, subject to short-term letting provision above.

Yes.

• Sales are live on the user-friendly interactive price list: https://sales.montreve.co.za/.
• Here you can easily view and browse the available units and use the filters and sort function to narrow down your search.
• On each unit the layout, all costs and expected rentals are shown.
• You can reserve your preferred unit/s.

Your shortlist acts as a wish list of units that you have quick access to. Simply click the ADD TO LIST button on your favourite units. You can also reserve your preferred unit directly from the Shortlist.

All reservations will happen online via the interactive price list.

The below list outlines the steps you’ll need to be familiar with in order to secure the unit you want to purchase.

1. Register and log in to https://sales.montreve.co.za/.
2. Click the RESERVE button on your selected unit to start the process.
3. Complete the form and accept the terms: Click RESERVE AND PAY
4. Your reservation will now move to the pending state where you will have 10 minutes to finalise the reservation.
5. You may now select an additional parking to your purchase if necessary.
6. You will then pay your R10,000 reservation fee via the following methods:
   • Visa or Mastercard
   • Masterpass
   • Snapscan
7. Once the R10,000 fee is concluded, your unit will be reserved!*
8. You will then receive an email from our team confirming your reservation.

*Terms & Conditions apply.

Next Steps:

• The Agreement of Sale will be sent to you via email, this will need to be signed and returned to us within 48 hours from receiving it.
• The full deposit required is 10% of the purchase price within 3 days from receiving a signed agreement of sale. The deposit is paid into the transferring attorney’s interest-bearing account and your money will earn interest for you.
• The balance (90%) will need to be secured within 21 days by either a bond approval, bank guarantee, or cash.
• Alternatively, we will also accept a 30% non-refundable deposit with the balance payable 60 days prior to the transfer.

• Best selection of units.
• Limited number of units being released by the developer.
• Capital appreciation for 18 months is estimated at 10,5% (7% pa) while the development is under construction.
• Rare opportunity to own in an exclusive Cape Town neighbourhood, with a prime location and proximity to key amenities and tourist attractions.

The developers have made the 48 component apartments available (floors 3-5).

Penthouse and residences comprising 6 apartments, information is available on request only. 

Floors 1 and 2 is an aparthotel sold to a hotel operator comprising 46 units.

Phase 2 sales (16 apartments – floor 6).

Financed deals

1. Minimum 10% deposit with the balance in the form of a bond approval
   • Deposit to be paid within 3 days from receiving a signed agreement of sale.
   • The deposit is paid into the transferring attorney’s interest-bearing account and your money will earn interest for you.
   • The balance (90%) will need to be secured within 21 days with bond approval.

Cash deals

1. 30% non-refundable deposit with the balance payable to the transferring attorneys 60 days before lodgement.
2. Minimum 10% deposit with a bank guarantee for the balance of the purchase price supplied within 21 days of purchase.

Your deposit is paid into the transferring attorney’s interest-bearing account and your money will earn interest for you.

Yes, the deal is subject to your bond being approved and should it not be approved the deposit is paid back to you with interest. If you are unsure if you can afford the bond it is a good idea to get pre-qualified prior to the launch as the R10,000 reservation fee is not refundable.

Bond repayments will only commence after the development has been completed and once the transfer of the apartment you have purchased, has taken place.

Bond costs are payable at the time that the bond registers, once the development is complete.

There is no transfer duty payable but there are transfer fees (attorney costs).

The seller is registered for VAT so there will be no transfer duty but only transfer costs payable.

On a purchase price of R2,6 million, the transfer and bond & registration costs will be R189,167.00 as estimated.

To calculate the transfer costs you can click on the below link: 

Bond & transfer cost calculator | BetterBond

NB: Please select yes when it asks if the seller is registered for VAT.

*Please note these are subject to change

Levies are determined in terms of sectional title and exclusive use area of the apartments, parking and storeroom levies are calculated at a standard rate to be determined.

They cover the costs of security, cleaning & upkeep of the common areas, maintenance of the building, building insurance and all running costs and management costs and insurance of the building.

Monthly rates are based on the value of the property and are calculated based on the value of the property and then multiplied by 0.006631 to get your yearly rates. Divide this by 12 to get your monthly rates.

Example:
(R2,299 million property)
R2,299,000 x 0.006631 = R15,244.67 per annum
This equates to R1,270.39 per month.

No hidden costs. VAT inclusive, no transfer duty. Rates, taxes and CID will apply.

The contract price is the price the client will pay for the property. You must be aware that there is occupational interest due from the date you take occupation until you take ownership (transfer takes place).

The other costs applicable are detailed above and include monthly rates and levies. Bond costs will be payable prior to registration of your bond once you take transfer of your unit. Transfer costs at this point will also be applicable but these costs are largely offset by the interest that you earn on your deposit during the construction period.

After the completion of the development, 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.

1. Cape Town sees an average annual capital growth of 7%, so your property value is growing at roughly 7% pa but you are only required to put down 10% of the development value.
2. This means you are getting growth on the full purchase price of the property and only have to put down a fraction of the price.
3. Your tenant is largely paying off your investment property & bond for you.
4. Your rental income increases every year but bond repayments generally stay the same and in relation to yearly salary and incomes inflating, the bond repayments become relatively cheaper every year.
5. There is high demand for secure luxury property in Cape Town’s City Centre and Atlantic Seaboard, resulting in a secure long-term investment.
6. The longer it takes to enter the property market the harder it becomes.
7. Property investment is likely to create long-term sustainable wealth and an ever-increasing annuity income.