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Property Terms Defined - Property Type

APARTMENT / FLAT:

Classified as a self contained housing unit that occupies only part of a building. Usually comprises of many floors / levels (block of flats).


BATCHELOR / STUDIO FLAT:

The smallest type of flat. These usually consist of a single main room which acts as the living, dining room and bedroom.


SIMPLEX:

Single storey townhouse - all rooms on one level. Usually has a private garden and parking bay.


STACK SIMPLEX:

When two or more simplexes are built on top of each other. Usually up to 3 levels with only the bottom unit having a garden and top units with a balcony.


DUPLEX:

A townhouse spread over 2 levels, an upstairs and down stairs. The bedrooms are usually located upstairs with the kitchen and living areas downstairs.


DUET:

This is similar to a semi-detached house, but there are two separate free-standing units on one stand. It could also be two dwelling units attached to one another on one stand. They can be sold under sectional title. It requires a cooperative, sharing attitude.


HOUSE:

This word is used to describe a normal full title house.


CLUSTER:

This is a freehold property, usually in a development of similar houses. The group of houses usually has limited access and good security. Each house is individually owned and there is no levy to be paid, unlike sectional title.


SMALLHOLDING:

A property situated in or within a 150km radius of a built-up area, does not exceed 20 hectares, and is able to be connected to a local authority water supply or has a borehole. There must be a home on the property and your main source of income must not be farming on that property.

Real estate in The Straight, Lonehill - Property terms.jpg

Engel & Völkers

Lonehill
East Block, First Floor Pineslopes Shopping Centre
2086 The Straight, Lonehill
South Africa GPS co-ordinates: 26 01'16.92"S 28 00'51.63"E
Phone
+27 11 465 8405

To the shop



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