The Cost of Transferring a Property

When transferring a property there are various costs. Herewith a list of expenses you will need to budget for.

Transfer Duty

These are the Transfer Duty rates applied to properties acquiredon or after 1 March 2017, and apply to all persons (including Companies, Close Corporations and Trusts):

  ​VALUE OF PROPERTY  (Rand)          RATE
0 – 900 000 0%
900 001 – 1 250 000 3% of the value above R900 000
1 250 001 – 1 750 000 ​R10 500 + 6% of the value above R 1 250 000
1 750 001 – 2 250 000 R40 500 + 8% of the value above R 1 750 000
2 250 001 – 10 000 000 R80 500 +11% of the value above R2 250 000
10 000 001 and above R933 000 + 13% of the value above R10 000 000

Get a quote now

Complete the property’s purchase price or market value on the form and we will send you a no obligation quote to transfer the property.