When buying property in South Africa, knowing your transfer fees is crucial to avoid surprises. Transfer fees are the legal costs involved in transferring ownership of a property from the seller to the buyer. African Land helps clients understand these fees and plan their property investments effectively.
Transfer fees are regulated by the Deeds Office and increase with the property’s purchase price. They are typically calculated on a sliding scale based on the property value:
| Property Value (ZAR) | Transfer Fee (Excl. VAT) |
|---|---|
| Up to 150,000 | 0.875% |
| 150,001 – 250,000 | 1.125% |
| 250,001 – 500,000 | 1.5% |
| 500,001 – 1,000,000 | 2.0% |
| 1,000,001 – 10,000,000 | 2.5% |
| 10,000,001+ | Negotiable/Deeds Office |
Note: VAT (15%) usually applies to attorney fees, not the Deeds Office fees.
If you are purchasing a property for R2,000,000:
Deeds Office transfer fee = 2.5% of R2,000,000 = R50,000
Attorney fees and VAT are additional costs, which vary by conveyancer
Using a transfer fees calculator helps buyers plan for these costs accurately.
Understanding transfer fees ensures you can budget properly for:
Property purchases
Investments in residential or commercial property
Land acquisition
African Land guides buyers and investors throughout the property process, ensuring you know all costs upfront and avoid unexpected expenses.
African Land provides expert insight into transfer fees and property costs in South Africa. We help buyers:
Calculate transfer fees based on property value
Estimate attorney fees and related charges
Make informed investment decisions
With African Land, your property purchase is smooth, transparent, and stress-free.
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