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Dreaming of owning a house

owning a house

Here is some good news for lower-income earners staying in Cape Town who wish to be house owners.

The City of Cape Town is offering Gap housing opportunities. Gap housing is for people who typically earn between R3,500 and R15,000 per month.

Having a salary that falls in this income bracket does not guarantee eligibility, as the application is subject to obtaining a bond from a bank to purchase a house, dependent on the sale price.

Purchases are done directly with the developer. You can contact the developer of a specific development or visit your nearest housing office for more information.   Alternatively, contact the City’s Call Centre on 0860 103 089 or visit its website.