Sale
South Africa

3

Beds

2

Baths

220 m²

Floor area

House 3 beds 2 baths 220 m²

About this property

A 3 bedroom, 2 bathroom house in Soshanguve Vv. A great opportunity not to miss. You could qualify to buy your dream home through government housing subsidy programmes like 1st Home (previously known as FLISP). Depending on your income, you could qualify for subsidy from R38,911 up to R169,265 which could cover transfer and bond costs or your deposit. To qualify you must earn a minimum basic salary of R3,501 up to R22,000 (basic salary plus housing-related income or basic salary alone; overtime not considered), have at least one or more dependents, be a first-time buyer, and be a South African citizen.

Rooms & layout

Bedroom × 3
Bathroom × 2

Features & amenities

Government housing scheme eligibleFirst home buyer opportunity

Price & ownership

Asking price R 800 000
Price per m² R 3 636
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 800K
Taxes + legal + admin fees R 19,6K

Rough split: 97.6% purchase price, 2.4% buying costs.

  • Asking price R 800 000
  • Deeds Office (transfer) R 695
  • Conveyancing (est., incl. VAT) R 18 860
  • Deeds lodgement R 52
  • Total indicative R 819 607

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 7 555 /month

Total paid over 20 years (deposit + repayments): R 1 893 114

Deposit 10% · R 80 000
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 720 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.