How much do I need to invest in property in South Africa?

You don’t need massive amounts of capital to start investing in property. A bank can fund your property purchase, although you need to have a healthy credit record.

Just R35 000 may be enough to start your investment. A deposit of R35 000 can secure you a property worth R1 million.

If your credit record is good enough, you may even be able to secure a 100% home loan, which removes the need for a deposit, although still requiring you to save funds for transfer costs and transfer duty.

It’s best to get on the property ladder at a young age, as you’ll have time to generate profits from buy-to-rent that can be used to cover your own rent, or achieve the security of securing your own home by paying bond repayments instead of rent.