Over the years, we have seen a lot of people struggle to purchase property or residential stands due to several reasons:
- Deposits required are two hard-to-raise.
- The monthly installments are heavy and not sustainable.
- The payment period is too short; hence, many don’t qualify.
With Southpeople Capital Asset Management, we have developed Property X. This product addresses all the above issues and allows you to buy property on a pay-as-you-go basis.
Property X is a property acquisition fund licensed by the Securities Exchange Commission of Zimbabwe. It is a new way to buy property that allows you to buy a square meter at a time and have the freedom to decide how long it will take you to buy your desired property.
How does Property X work?
- Choose a property: You can choose any property that is listed on the Property X platform. The properties on the platform are all vetted by Property X to ensure that they are good investments.
- Buy a square meter: You can buy one or more square meters of the property, depending on your budget. There is no minimum purchase amount.
- Continue buying square meters: Continue buying square meters of the property until you have purchased the entire property. You can buy square meters at any time and in any amount.
- Take ownership of the property: Once you have purchased the entire property, you will become the owner of the property. Property X will transfer the title of the property to you.
What are the benefits of buying property with Property X?
- No deposits required: You do not need to pay a large down payment to buy property with Property X.
- No prescribed monthly installments: You can decide how much you will pay for your property and when. You can make small payments over time or make large payments if you have the money available.
- No credit checks: Your credit score will not affect your ability to buy property with Property X.
- Flexibility: You can buy property at your own pace and on your own terms. You can buy square meters when you have the money to spare and stop buying square meters if you need to.
- Affordability: Property X makes buying property more affordable for everyone. You can start buying property with as little as one square meter.
Who is Property X for?
Property X is for anyone who wants to buy property but does not have the financial resources to do so through traditional means. It is also a good option for people who want more flexibility in how they purchase and pay for property.
If you’re interested about getting started with us, send us a message on our Whatsapp via the link in the footer with any questions you might have and we will be in touch.