Black Friday is quickly approaching.
You could use your money to indulge in discounts, or you could become a property owner.
Considering the latest iPhone Duo sells for R50 000, you could technically become a property owner for the price of a phone.
The best properties for sale in South Africa below R70 000
Some of South Africa’s most affordable properties offer beautiful views, sit on golf estates, or are close to tourist attractions.
If you know where to look, you can enter the property market in these desirable areas for as little as R50 000.
These 5 listings show what’s available in South Africa’s affordable property market.
Weekends on the Vaal Dam for R70 000
Go white-water rafting, hiking, fishing, jet skiing, and paddleboarding every weekend with this property, 90 minutes from Johannesburg.
According to a Private Property listing, you can buy a property in Oranjeville, Free State, minutes from the water’s edge.
The property (an 892-square-metre unserviced plot) is within the Vaal Triangle and 35% cheaper than the average sale price in Oranjeville.
There are no building plans, meaning you could build your dream home or set up an affordable holiday bungalow.
But it also means you will have to connect water, electricity, and sewerage to the plot.
Stay safe on a golf estate for R50 000
Buyers can purchase a 750-square-metre plot on a golf estate two hours from KuGompo City (East London).
Nestled in the Winterberg Mountains is the Katberg Eco Golf Estate. The estate has an 18-hole championship golf course and a host of luxury amenities.
The golf club also has a swimming pool, tennis court, pro shop, restaurant, and bar.
In the surrounding countryside, buyers can go horse riding, hiking, and enjoy stargazing without light pollution.
R23 per square metre in the Southern Free State
If you’re searching for a Black Friday bargain, this 2 974-square-metre plot in Hobhouse offers value for money.
The plot, listed for R50 000, has rates and taxes of R200.
At this size and price, the price per square metre is only R23, arguably the cheapest land available in the country.
But Hobhouse is a rural town close to Lesotho. Buyers should be prepared to travel for amenities and entertainment.
Foundation laid in Petrusburg for R50 000
A buyer of this property in Petrusburg, Free State, won’t even have to lay the foundation.
The 658-square-metre plot already has a foundation laid for a block of flats the current owner envisioned.
A concrete foundation of this size can cost R50 000, so if buyers want to continue the vision, they could get a foundation for free.
Mountain views in the Karoo for R65 000
Aberdeen in the Eastern Cape has plots available starting at R65 000.
This 742-square-metre plot is north-facing, offering breathtaking views of the Camdeboo Mountains and a short drive to nearby amenities.
But possibly the most impressive part is the rates. On this level plot, buyers will only pay R85 in rates.
The Listing Price isn’t the Sale Price
Just because a listing is priced at R50 000 doesn’t mean your offer has to be for this amount.
As a buyer, you have just as much negotiating power to bring the price down.
If you know what you can afford and how to negotiate, you could save up to 10% or more.
