South Africa
What do I need to know when buying property in South Africa?
When we asked expats what advice they would give a foreigner before buying a property in South Africa, they said...
"1. It is important to research the area you are looking to buy in, as well as the local market, to ensure you are making a sound investment. 2. It is also important to get a professional property valuation to ensure you are paying a fair price for the property. 3. You should also consider the costs associated with buying a property, such as transfer fees, legal fees, and bond registration fees. 4. It is also important to ensure that the property is free from any encumbrances, such as mortgages or liens. 5. You should also be aware of the different types of property ownership available in South Africa, such as freehold, leasehold, and sectional title. 6. It is also important to be aware of the different taxes and levies that may be applicable to the property, such as transfer duty, capital gains tax, and property rates. 7. Finally, it is important to ensure that you have the necessary documents in place, such as a valid title deed, to ensure the property is legally yours," said another in South Africa.
Now Health InternationalThe insurance that travels with you. Now Health International's insurance plans offer you access to world-class healthcare facilities and treatment wherever and whenever you need it. With digital services, 24x7 customer support in different languages, and award-winning service, Now Health International will look after you no matter where you choose to go. Get a Quote from Now Health International.
GET A QUOTE
Other Questions:
- What should I pack when moving to South Africa?
- Where should I setup a bank account in South Africa?
- Will I be able to find a job in South Africa?
- What is life like in South Africa?
- What do expats in South Africa appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in South Africa?
- Is there a lot of diversity? Are people in South Africa accepting of differences?
- What are the schools in South Africa like?
- What are healthcare services like in South Africa?
- What are medical services in South Africa like?
- Are healthcare and health insurance expensive in South Africa?
- What are emergency services like in South Africa?
- Will I need to travel to see a specialist?
- Are common prescription medications available in South Africa?
- How are local medical facilities in South Africa?
- As a foreigner living in South Africa, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
What do I need to know when buying property in South Africa?
If you live in South Africa, newcomers to South Africa would love to hear your answer to this question:
