What type of home you could buy for R2 million in Pretoria, Johannesburg and Cape Town
13 Feb 2023
In South Africa, with a budget of R2 million, you can find a variety of different property options to suit your needs and preferences. We take a look at what your options are in popular areas like Cape Town, Johannesburg, and Pretoria.
Selling your home yourself and keeping the commission in your pocket instead of paying it to an estate agent may sound like a good idea but you should be aware of the dangers before you decide on this approach.
Collect rent in cash? Make sure you stay compliant with money laundering rules
24 Jan 2023
According to an International Monetary Fund assessment, “the widespread use of cash in South Africa poses a high risk for money laundering and terrorist financing”. With that in mind, the Financial Action Task Force (FATF) issued a report in October 2021 requiring substantial legislative changes by November 2022 in order for South Africa to avoid being greylisted by the international watchdog.
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Estate agent commissions are negotiable. Calculate the service fee on a property sale