What to Consider Before Buying Land for Sale

Private Property South Africa
Private Property Reporter

Many people wish to build their dream house from scratch. You will most probably already know exactly what it should look like before you start searching for vacant land for sale. Before you get excited, there are a couple of things you should consider. Go and inspect the stand yourself. Although it is only a vacant piece of land, you don’t want any nasty surprises after you’ve paid a whole year’s salary for it. It might be much further away from a main route than you realized. Make sure that there are water and electricity services as well as sewerage pipes available at the land for sale. If not, obtain a quote for the installation. Check that the land for sale is suitable for your proposed home. Is there enough space? Are the plot zoned correctly? Will the house fit within the restricted area? Are the roads in the area in a good condition? If you are dependent upon cellular coverage – check that there is adequate coverage in the area. Consider the cost of preparing the land for construction. If the plot is situated at an angle or there are numerous trees present, there will be extra costs involved. Do a few calculations. Decide how much you can afford to spend on the entire building process, how much the construction will set you back and how much there will be left to spend on the vacant plot. If you buy a vacant plot in a security estate, note what the rules are. You will probably be required to adhere to a certain architectural style and might also have to finish the construction process within a limited time frame. Approach your local municipality about future developments and construction in the area. The land for sale may be less attractive if you are aware of new construction projects in the region.

Looking to sell your home?
Advertise your property to millions of interested buyers by listing with Private Property now!
List your home privately

Share:

Found this content useful?

Get the best of Private Property's latest news and advice delivered straight to your inbox each week

Related Articles

Estate living in Centurion and Pretoria East
A quick look at the most popular estates in Centurion and Pretoria East.
Rental income and income tax
Earning a passive income from letting out a property is great, but how do rental income and incomes tax work?
A moving out guide for tenants
Moving to a new house can be a stressful time, but what do tenants need to bear in mind as the big day approaches?
Make your sectional title stand out
How to give your sectional title unit a unique selling edge.
;