When it comes to property investment, one of the key decisions buyers face is whether to purchase vacant land or invest in a partially completed property, such as a shell home. While both options have their merits, buying a shell property offers buyers flexibility and cost control, making it an increasingly popular choice, particularly for those looking to build in secure, well-established estates.
“Buyers who are looking for homes that they intend to live in are turning to shell properties more and more,” explained Barto van der Merwe, Managing Director of Renishaw Property Developments, a subsidiary of the JSE-listed Crookes Brothers Limited. “There are inherently fewer risks when investing in a shell property rather than vacant land, as well as unforeseen cost savings that often make this the more prudent investment choice.”
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