Self Catering / Flat Businesses for sale in South Africa

No. Check municipal zoning, approved plans, sectional-title or homeowners' rules and the lease where applicable. Confirm that short-term letting, guest numbers, signage, parking and operating arrangements are permitted at the specific property.

Verify the establishment in the TGCSA register, its category, current grade and renewal status. Obtain guidance on ownership or management changes and do not advertise stars unless the establishment remains validly graded by the recognised authority.

Reconcile every booking, deposit, voucher, refund and platform commission to the reservation system and bank. Define who must honour each stay or cancellation, and adjust completion working capital for deferred accommodation revenue and guest obligations.

Match calendars and platform statements to invoices, VAT records and bank settlements. Analyse occupancy, average daily rate, cancellations, owner stays and cleaning costs by month, and normalise exceptional events and temporary platform promotions.

Review title or lease rights, body-corporate finances, approved alterations and maintenance history. Itemise furniture, appliances, linen, backup power and guest equipment, confirming ownership, condition and whether financed, leased or personally owned by the seller.

Confirm fire, occupancy and municipal requirements for the premises, together with electrical or gas certificates where applicable. Review VAT treatment, platform collections, insurance for paying guests and any outstanding rates, levies or compliance notices.