Rent2buy in Cape Peninsula and Gauteng
Tenants battling to pay their rent and save for a deposit for their new home can now use their rent to buy their new home.
Uniquely, this product is available for all approved properties in Cape Town and now also in Gauteng, priced from R400,000 to R1,8m.
Rent2buy is the brainchild of residential market innovator and attorney, Meyer de Waal, who has worked tirelessly to include any approved property for sale in the market currently.
Whether you want to sell your residential property or buy a new real estate investment, a house or an apartment, your Property Angel is here to help you find your historic home.
Property Angels – Rent to Buy
Pre-approved potential buyers identify the home they wish to purchase and we assess whether it is correctly priced,” says de Waal. If it ticks all the boxes, our financier purchases the property and we enter into an installment sale agreement with the buyer who rents the property for 24 months.
Estimated rental per month
Qualifying buyers’ monthly rental will calculated as follows: Your purchase price x 14.4% x 1/12. This is what it looks like on paper:
• Purchase price of R1,800,000 x 14.4% = R21,600 per month [estimated]
• Purchase price of R1,500,000 x 14.4% = R18,000 per month [estimated]
• Purchase price of R900,000 x 14.4% = R10,800 per month [estimated]
• Purchase price of R600,000 x 14.4% = R7,200 per month [estimated]
• Purchase price of R400,000 x 14.4% = R4,800 per month [estimated]
The benefit is that the purchase price will remain the same for 2 years to give a Rent2buy buyer the time to get his or her “bucks in a row” and credit approval resolved to apply for a normal home loan.
Besides the great opportunity Cape Town and Gauteng buyers from R400,000 to R1,8m have to own their very own home within two years, the original purchase price remains static.
Property Angels is an online property website portal that promotes residential property for sale across South Africa. You can buy, sell, list and find South African properties online. Find houses for sale in Johannesburg, Cape Town and Durban which are the three biggest cities in South Africa.
Some of the top property companies online in South Africa are Private Property, Property 24, My Property, Property Fox, PropertyCoZa, Remax, Pam Golding, LeadHome, SA Hometraders, Gumtree and Property Angels.
Whilst most online property brands offer online visibility for Estate Agents South Africa, Property Angels offers online visibility for Attorney Realtor Agents South Africa.
Whether you have a property for sale or you are seeking a house to buy in the southern suburbs, Northern Suburbs, Eastern suburbs or Western suburbs, Property Angels is your best attorney realtor property website South Africa. Sell your property online with Property Angels and an Attorney Realtor will call you back today or the next business day.
Whether South Africa is in a buyer’s market or in a seller’s market, contact Property Angels today for quick and efficient online and face to face service.
List your house for sale with Property Angels. You can also find property to view, property selling tips and many other useful property and finance blog articles and property products that are bespoke to your needs. Buy and sell your private residential property through Property Angels. Allow Property Angels to become your chosen property website portal for your choice of homes to sell and homes to buy.
Find below the various provinces, towns and cities across South Africa from where you can sell property or buy property or list property for sale with Property Angels.
Property for sale Eastern Cape: Alice, Butterworth, East London, Graaf-Reinet, Grahamstown, King William’s Town, Mthatha, Port Elizabeth, Queenstown, Uitenhage, Zwelitsha
Property for sale Free State: Bethlehem, Bloemfontein, Jagersfontein, Kroonstad, Odendaalsrus, Parys, Phuthaditjhaba, Sasolburg, Virginia, Welkom
Property for sale Gauteng: Benoni, Boksburg, Brakpan, Carletonville, Germiston, Johannesburg, Krugersdorp, Pretoria, Randburg, Randfontein, Roodepoort, Soweto, Springs, Vanderbijlpark, Vereeniging
Property for sale Kwazulu Natal: Durban, Empangeni, Ladysmith, Newcastle, Pietermaritzburg, Pinetown, Ulundi, Umlazi,
Property for sale Limpopo: Giyani, Lebowakgomo, Musina, Phalaborwa, Polokwane, Seshego, Sibasa, Thabazimbi
Property for sale Mpumalanga: Emalahleni, Nelspruit, Secunda
Property for sale North West: Klerksdorp, Mahikeng, Mmabatho, Potchefstroom, Rustenburg
Property for sale Northern Cape: Kimberley, Kuruman, Port Nolloth
Property for sale Western Cape: Bellville, Cape Town, Constantia, George, Hopefield, Oudtshoorn, Paarl, Simon’s Town, Stellenbosch, Worcester.