Sale
South Africa

3

Beds

2

Baths

220 m²

Floor area

House 3 beds 2 baths 220 m²

About this property

Overview

A 3-bedroom, 2-bathroom house in Soshanguve, ideal for first-time homebuyers.

Key Details

  • Original price: R619,000
  • Location: Soshanguve
  • Bedrooms: 3
  • Bathrooms: 2

First-Time Homebuyer Opportunity

This property is suitable for qualified first-time buyers with potential access to government housing subsidy (1st Home/FLISP).

Income requirements: Basic monthly salary between R3,501 and R22,000 with dependents.

Rooms & layout

Bedroom × 3
Bathroom × 2

Features & amenities

first-time buyersubsidy eligibleFLISP

Price & ownership

Asking price R 830 000
Price per m² R 3 773
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 830K
Taxes + legal + admin fees R 20,1K

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

  • Asking price R 830 000
  • Deeds Office (transfer) R 721
  • Conveyancing (est., incl. VAT) R 19 309
  • Deeds lodgement R 52
  • Total indicative R 850 082

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 7 838 /month

Total paid over 20 years (deposit + repayments): R 1 964 106

Deposit 10% · R 83 000
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 747 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.