3
Beds
1
Baths
2
Parking
190 m²
Floor area
About this property
3 Bedroom House for Sale in Soshanguve Vv
First-Time Homebuyer Opportunity with FLISP
Soshanguve New development
WITH THE CURRENT RATE OF 10.5% TAKE THIS OPPORTUNITY FOR A BETTER INSTALLMENT
The Finance Linked Individual Subsidy Programme (FLISP) offers a great opportunity for first-time homebuyers to qualify for a subsidy, making it possible to buy a dream home.
Subsidy Details:
- Subsidy Amount: R38,911 to R169,265
- Purpose: Covers transfer and bond costs or deposit
Eligibility Criteria:
- Income Requirement: Basic salary between R3,501 and R22,000 per month (housing-related income may be included). For this new development, minimum R19,000 Gross salary required.
- Dependents: At least one dependent
- First-Time Buyer: Yes
- Citizenship: South African citizen or permanent resident
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 97.5% purchase price, 2.5% buying costs.
- Asking price R 720 000
- Deeds Office (transfer) R 626
- Conveyancing (est., incl. VAT) R 17 664
- Deeds lodgement R 52
- Total indicative R 738 342
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
Total paid over 20 years (deposit + repayments): R 1 703 803
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 648 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.
R 720 000