Sale
South Africa

3

Beds

2

Baths

200 m²

Floor area

House 3 beds 2 baths 200 m²

About this property

New development in Soshanguve Block VV. A great opportunity to purchase your dream home. This property qualifies for the 1st Home scheme (previously known as FLISP), which offers subsidies from R38,911 up to R169,265 to cover transfer costs, bond costs, or deposit. Suitable for first-time buyers earning a basic salary between R3,501 and R22,000 per month.

Rooms & layout

Bedroom × 3
Bathroom × 2
Kitchen
Lounge

Features & amenities

New developmentFirst time buyer schemeFLISP eligible

Price & ownership

Asking price R 720 000
Price per m² R 3 600
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 720K
Taxes + legal + admin fees R 18,3K

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

R 6 799 /month

Total paid over 20 years (deposit + repayments): R 1 703 803

Deposit 10% · R 72 000
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 648 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.