Don’t just buy property.
Shape it.

Early access,
real influence, smarter returns.

Why Altavera?

Early Access to Prime Opportunities

Get first access to new projects from reputable real estate developers — before the public launch.

Shape What Gets Built

Share feedback on unit layouts, finishes, amenities, and more — influencing the design and final offering to better fit your needs.

Get First Opportunity to Buy — at Fair Value

Opportunity to secure units early in projects you helped shape

Smarter, Data-Driven Property Investing

Participate in a new, fairer model of real estate development — driven by investor insights, not speculation — for smarter living and stronger returns.

Learn More

How it works:

  • 1
    Join the Early Access List
    Sign up to unlock early entry into new real estate projects from reputable developers.
  • 2
    Join the Co-Creation Community
    Review early-stage options like building name, design direction, amenities, finishes, and layout variations. As a co-creator, your feedback directly influences which choices are finalized into the complete project plan.
  • 3
    Chance to secure your preferred units
    Real estate developers offer 15-20% of the project for pre-sale and you get first access to bid on your preferred units — before public sales open.
  • 4
    Or Decide to Invest After Pricing for the Remaining Units Have Been Set
    Once final pricing is confirmed, you’ll be notified with priority access to purchase available units — even if you didn’t win in the initial bidding phase.

Our Team

Nicholas Carney

Nicholas Carney

Saeed Younesi

Saeed Younesi

Dr. Anouar El Haji

Dr. Anouar El Haji

Youness Mabrouk

Youness Mabrouk

FAQ

How do I buy a property off-plan with Altavera?

Should you put in the winning bid:

Local buyers (South-African residents) After you sign the Offer to Purchase (OTP) you have two routes:

  • Financed route: pay a 10 % deposit into our attorneys trust account within seven days and supply bond pre-approval for the remaining 90 % within 30 days (or as stipulated by the sales agreement)
  • Cash-deal: pay a 30 % cash deposit within seven days and you may skip the pre-approval step entirely.
Once your bond is granted the bank’s attorneys lodge guarantees for the balance, and the full price is settled on registration of the unit in your name.

Foreign (non-resident) buyers South-African banks will lend up to 50 % of the price, so staged cash payments are larger:
  1. 30 % cash deposit within 30 days of OTP signature.
  2. 20 % cash 60 days before practical completion.
  3. 50 % (cash or local mortgage) 60 days before completion.

Why choose Altavera?

  • Early, exclusive access to projects—often months before public launch.
  • Community-shaped concepts: façade details, amenities and even pet policies are finalised only after member voting.
  • Transparent pricing: sealed Vickrey auctions prevent last-minute “sniping”.

How does bidding work?

Altavera runs a Vickrey (second-price sealed-bid) auction:

  1. Pay a refundable R10 000 participation deposit.
  2. Enter one confidential bid per unit (you can amend until the timer hits 00:00).
  3. When the auction closes, bids are decrypted. The highest bidder wins.
  4. Depending on the developer’s chosen settlement rule, the winner pays either (a) the second-highest bid + increment or (b) their own bid.
  5. Non-winners receive a 100 % refund of the participation deposit within 72 hours (minus a R450 admin fee for processing the transaction).

What documents must I upload for FICA/KYC?

South-African citizens – SA ID, proof of address (< 3 months), bank letter, and—if married i c o p—spouse’s ID + marriage certificate.

Foreign buyers – passport copy, foreign proof of address, SWIFT proof of funds, SARS number (if issued) and full company/trust docs where applicable.

Can I reserve or bid on more than one unit at a time?

Yes. You may hold multiple reservations or bids; each simply needs its own R10 000 deposit. The platform caps your combined exposure so you can’t inadvertently commit to more units than you intend.

How long does my reservation hold before I must sign the OTP?

You have 72 hours to upload the signed OTP. Miss the deadline and the unit is released; your reservation fee is forfeited.

What happens if my bank bond is declined after I’ve paid the deposit?

Your deposit is refunded in full (less a R450 admin fee). We strongly recommend using our free BetterBond pre-approval tool before you reserve or bid to avoid delays.

Are there restrictions on foreign ownership of sectional-title property in South Africa?

No statutory cap exists—foreign nationals may own residential and sectional-title property outright. However foreigners are only able to finance up to 50% of the units value.

Is my 10 % (or 30 %) deposit held in an interest-bearing account?

Yes. Funds are placed in a Section 86(4) attorney’s trust investment; interest accrues to you (less the statutory 5 % that is swept monthly to the Legal Practitioners Fidelity Fund).

When and how is my R10 000 participation deposit refunded if I don’t win the auction?

The money is sent back to the same account you paid from within three working days, minus a R450 admin fee that covers escrow and payment-gateway costs.

Do I pay transfer duty or VAT on an off-plan purchase?

No transfer duty is payable. New-build purchases from a VAT-registered developer carry VAT built into the price, so transfer duty is zero.

How much can non-residents borrow from South-African banks?

Local lenders will finance up to 50 % of the purchase price; you must introduce the other 50 % (plus costs) from offshore. Bond repayments flow through a designated non-resident (FIA/NR) account.

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