Private Introduction · South Africa
Unique property in the beautiful Western cape
A house in Somerset West
- Price
- From ZAR 13.90M
Introduction
A house in Somerset West, Western Cape. The property offers ocean outlook and usable outdoor living space. Held freehold. South Africa places no foreign-buyer surcharge on transfer duty, so a non-resident purchaser pays the same rates as a local buyer. Full address, pricing and the marketing agent are released to members on request.
Why This Opportunity
What the home offers
Features include ocean outlook and usable outdoor living space.
Location
Located in Somerset West, Western Cape, South Africa.
Buying as a non-resident
Transfer duty is nil below R1,210,000 and rises in bands above it, with no surcharge for foreign buyers. Budget 6%–12% of the purchase price for total transfer costs; a straightforward transfer registers in roughly 8–12 weeks.
The Area
Where it is
Getting around
Cape Town International Airport
The region's international gateway [Roughly 45–60 minutes by road from Stellenbosch and Paarl]
N1 highway
The N1 runs through Paarl and links the Winelands directly to Cape Town
Nearby
Wine estates and valley towns
Stellenbosch, Franschhoek and Paarl form the heart of the Cape wine region, with the country's densest concentration of estates and restaurants
Schools
Education
Stellenbosch University [One of South Africa's leading universities, over 30,000 students, within the Winelands]
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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.