Property
South Africa

2

Beds

1

Baths

190 m²

Floor area

House 2 beds 1 bath 190 m²

About this property

A great opportunity not to miss. You could qualify to buy your dream home with the 1st Home subsidy program (previously known as FLISP), which could provide subsidies from R38,911 up to R169,265 to cover transfer and bond costs or deposit. To qualify, you need to earn a minimum basic salary of R3,501 to R22,000, be a first-time buyer, have at least one dependent, and be a South African citizen. This is a 2-bedroom, 1-bathroom property.

Rooms & layout

Bedroom × 2
Bathroom

Features & amenities

First time buyer programSubsidy eligibleAffordable housing

Price & ownership

Asking price R 660 000
Price per m² R 3 474
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 660K
Taxes + legal + admin fees R 17,4K

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

  • Asking price R 660 000
  • Deeds Office (transfer) R 574
  • Conveyancing (est., incl. VAT) R 16 767
  • Deeds lodgement R 52
  • Total indicative R 677 393

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 6 233 /month

Total paid over 20 years (deposit + repayments): R 1 561 819

Deposit 10% · R 66 000
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 594 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 660 000