3
Beds
2
Baths
220 m²
Floor area
About this property
A great opportunity not to miss. You could qualify to buy your dream home that you always thought you did not qualify for. Whether new or an existing property. With (1st Home), previously known as FLISP, you could qualify for Subsidy from R38,911 up to R169,265.00. This subsidy could cover your transfer and bond costs or your deposit.
To qualify, you need to earn a minimum basic salary of R3,501 up to R22,000. This is your basic salary plus housing-related income, or just your basic salary. Overtime is not considered.
Requirements:
- You must have at least one or more dependents
- Be a first-time buyer
- Be a South African citizen or have South African citizenship
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: 97.6% purchase price, 2.4% buying costs.
- Asking price R 760 000
- Deeds Office (transfer) R 660
- Conveyancing (est., incl. VAT) R 18 262
- Deeds lodgement R 52
- Total indicative R 778 974
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 1 798 459
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 684 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.