Why are transfer fees so high?
Transfer fees are calculated according to the purchase price of the property. The higher the price, the higher the transfer fees.
You can determine what you will pay on transfer costs by using our Transfer Cost Calculator.
Transfer fees are higher because the price of houses in South Africa has increased with inflation. Data indicates that property prices have increased 98% on average since 2010.
Of course, this increases the value of properties as an asset, since they continue to appreciate over time.