Sectional Title in South Africa
publication date: Dec 29, 2006
The latest industry estimates indicate that there are already more than two million people living in some 550,000 sectional title units in South Africa and that, during the next two years, more sectional title developments will be built than any other category of home in South Africa.
Sectional title developments often are a good option for young or first-time buyers. Purchase prices usually include VAT and eliminate the need for a large transfer duty payment.
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