Frequently Asked Questions

Property is one of a very very few industries that have higher potential of growth and minimum or close to none don’t sell.

YoungProp has been in the industry for over ten years and over fifteen years’ experience in the property field, showing its consistency. We have worked hard to identify profitable areas to yield returns for our investors.

Due to the nature of our business and current areas we are currently in profit/returns are to be seen after the first year of investing.

The minimum annual return will be a minimum of 10% and may go upto 25% p.a subject to performance.

debt investment is an investor who puts in money with the expectation of receiving a certain percentage annually that range depending on the agreement.
Equity investment is when an investor buys a portion of the company with the money invested and gets dividend from the company profits.

YoungProp predominantly invests in land because there’s a potential to scale from there with plans and construction.

Yes, there’s always risks in any business however YoungProp ensures they research and do the due diligence to minimise as much risks possible.

Passive income, is income/interest that’s either paid monthly, quarterly or annually from set investment that requires no work at all.

Not always, there have been few cases where it has depreciated in value and/or stood with no growth.

The process will require one to come to the office for a meeting and discuss how you’d like your interest to be paid out, as a lumpsum or as a monthly recurring payment in order for us to conclude the paperwork. Upon having invested with the company you will receive quarterly reports on the progress of the company.

A property stokvel is when individuals put money together with the intention to buy a property or properties and depending on the individual’s skill set. One if not two will be appointed to find a property. Whilst investing with YoungProp you’ll be investing with a company that already specialise in the field that they’re in as you receive quarterly reports of how your portfolio is growing.

Construction is the putting together of a structure i.e. house, flats, rooms etc. according to a drafted plan.

One of the best ways of checking, is to see their previous work and if it’s a company like YoungProp there are regulatory bodies that confirm that they know their craft.

There are quite a few, however the two main ones that are even trusted by banks is the NHBRC and CIDB that are worth mentioning in S.A.

If you as a builder are registered with the NHBRC, all new dwelling (i.e. houses started from scratch) are to be enrolled with this regulatory board and the reason for this is to monitor or check that the structure was built according to the rules and regulations for safety and avoidance of the future structural problems.

Both the NHBRC and CIDB have website where you can check if the company is registered and still valid or alternatively you can call them directly to enquire.

Unfortunately, there’s no straight answer to that each project varies according to the size of project or building. i.e. your two rooms can take a couple of weeks a 100 to 120 sqm house two to three months and a 500 sqm double story house easily five to six months also the additions request like tiling, ceiling etc could take additional time.

First and most importantly the plan must have been drafted and finalised, if it has been approved or not, because the price/ cost/quote has to calculated from there.
Secondly upon verbal agreement or written agreement has to be drafted and agreed upon by both parties. Lastly, let the work begin.

a bill of quantity, is the calculation of material needed for the structure that has to be built. Not all builders do this however YoungProp does it for free for all the clients we build for. This makes it easier for the client to acquire the correct amount of material needs and to budget accordingly.

This is the responsibility of the client however YoungProp does it for free for all its clients.

The amounts vary depending on the individual or company. YoungProp charges anything between 20% and 30% deposit thereafter payments are done in stages so you can also see the progress, the payment in stages happens until the last payment is done which is when the project is completed.

It is a drawing that shows what type of house you will be building. It’s a requirement by the municipality and also to help guide a builder as to what house you want to build.

An architect or drafts person

Yes, more especially if it is to be submitted at the municipality for approval.

Building lines are restriction areas within your property from the municipality to accommodate services going into the property, amongst other things therefore referred to a “building lines” you can’t build beyond.

The submission of the plan is the responsibility of the property owner, however we as YoungProp do the submission for our client as long as it’s in our jurisdiction.

Yes, the municipality charges per square meter of the plan your submitting and that fee is separate from the cost of the architect or draftsperson.

A qualified individual or company that signs off the plans that gave been drafted by an architect or drafts person. Confirming that the structure as per design can indeed be built. They also do site inspection and draft foundation designs and/or slab designs depending on the plan your doing.

This is also the responsibility of the client; however, architects or drafts persons are known to have one they usually work with. YoungProp has engineers, who have years of experience in the field, with whom they work closely.

By law, no form of construction or building works is allowed on the property without an approved building plan from the municipality.

Most municipalities take between four to six weeks for an approval of a plan, provided there were not any mistakes that have been made and need correction on the plan itself.

Yes, one can make change to a plan. However, if its structure i.e. you want to make a room a size bigger, then the plan will have to be redrawn and submitted to the municipality.

We have a long and proud history givin emphasis to environment social and economic outcomes to deliver the places that respond too the complex global forces shaping our future including the rapid urbanisation, climate and change, inequality and resource stress.

We have a long and proud history givin emphasis to environment social and economic outcomes to deliver the places that respond too the complex global forces shaping our future including the rapid urbanisation, climate and change, inequality and resource stress.