Stanbic Bank creates more access and opportunity to aspirant home owners through partnership with The Base Apartments

2018-01-29 00:00:00.0

Stanbic Bank Botswana continues to reaffirm its promise to move Batswana forward. Further attestation of this is the Bank’s partnership with The Base Apartments, a new and modern apartment dwelling in Gaborone. This development comes as part of the Stanbic Bank’s drive to promote home ownership and investment in property.


The Base Apartments is a choice selection of one and two bedroom apartments in a secure gated community in Extension 38, Broadhurst, Gaborone. The complex comprises 330 modern units set around beautiful landscaped gardens and walkways, a mere 5-minute drive from BBS Mall and Airport Junction Mall.


“At Stanbic Bank, we value the importance of investment and for many Batswana a sound avenue to invest their hard earned money is through home-ownership. The primary aim of the partnership with The Base Apartments is to provide even more access to opportunities of homeownership to millennials. It is a form of investment that is becoming increasingly popular, and with good merit. The Base Apartments promote the modern way of living; living in gated communities as opposed to conventional yards, and thus make for a safe home and a sound investment,” said Mrs Omphemetse Dube, Head of Personal Markets, Stanbic Bank Botswana.


The partnership with The Base Apartments is one means through which Stanbic Bank aims to show progress through collaboration. The Bank’s role is primarily in the financing or funding space for those interested in the property.


As an interested purchaser who qualifies, you will sign a sales agreement requiring you to deposit between P2,710.00 (for a one-bedroom apartment) and P3,860.00 (for a two-bedroom apartment) per month towards the deposit of the property, or the 10% deposit on the value of the property.


Regardless of which payment option you select, buying at Base Apartments will qualify you for the following benefits:


  • pre-qualification for a mortgage;
  • a substantial discount on the purchase price; and
  • an improved credit score.
  • the price of an apartment at The Base is inclusive of VAT, first year levies, one parking bay and legal fees.


“We try by all means to proactively seek out solutions that will add more value to our customers lives. Indeed, it is through this strategic partnership with The Base Apartments that we are able to do so here. It is our duty as a financial services provider to keep our customers at heart and guide their diversified investments,” concluded Mrs Dube.


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