Property
South Africa

2

Beds

1

Baths

190 m²

Floor area

House 2 beds 1 bath 190 m²

About this property

A great opportunity to buy your dream home. This 2-bedroom house is part of a FLISP (First Home) financing programme that could help qualify first-time buyers. Potential subsidy from R38,911 up to R169,265 available to cover transfer, bond costs or deposit. Eligible buyers must earn between R3,501 and R22,000 basic salary monthly, be first-time buyers, have dependents, and be South African citizens.

Rooms & layout

Bedroom × 2
Bathroom

Features & amenities

FLISP eligibleFirst time buyer programmeSubsidy available

Price & ownership

Asking price R 610 000
Price per m² R 3 211
Municipal valuation -

Cost to buy (indicative)

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 610K
Taxes + legal + admin fees R 16,6K

Rough split: 97.4% purchase price, 2.6% buying costs.

  • Asking price R 610 000
  • Deeds Office (transfer) R 530
  • Conveyancing (est., incl. VAT) R 16 019
  • Deeds lodgement R 52
  • Total indicative R 626 601

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice. Confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 5 760 /month

Total paid over 20 years (deposit + repayments): R 1 443 500

Deposit 10% · R 61 000
Loan term 20 years
5 yr 30 yr
Interest rate 11.25% p.a.
5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 549 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 610 000