ENQUIRE ABOUT OUR FUNDING
The Flyt team is dedicated to finding exciting, new property developments in strategic locations that offer attractive, tax-leveraged investment opportunities for our clients. We buy, develop, sell and manage all our projects, giving investors hassle-free, low risk investments that offer significant returns and considerable tax savings.
Investments that deliver.
We buy, develop and co-invest in projects we believe in, completing rigorous and detailed evaluations beforehand to ensure significant returns for our clients via our hospitality offering.
Own a pre-approved investment unit.
We are committed to creating wealth for our investors through strategically located, inventive property products that contribute positively to the built environment and developing landscape of the Cape.
Grow your property portfolio.
Our funds hold assets in hotel apartment developments or ‘aparthotels’ located in Diep River, Foreshore, Rosebank, City Centre, Cape Town and Stellenbosch.
Welcome to the Flyt Deck, where we share our insights, thoughts, news and reviews on the property and investment landscape in South Africa.
Get to know the Flyt team.
Don’t have enough cash to invest?
Ask about our 100% finance facility
FLYT can arrange financing to qualified investors. Please contact us to find out more about this option.
Try out our Investment Calculator
We have a fantastic investment calculator to help you figure out how much you’re going to get back.
Section 12J of the Income Tax Act – the most efficient tax saving tool, provided by SARS and government that allows you to hold on to your tax cash while investing it wisely.
The section specifically aims to help the growth of small and medium sized businesses by increasing their access to equity finance. To attract investors into this typically under-funded sector, which is imperative for driving economic growth, SARS has written Section 12J into the Tax Act, which offers taxpayers a 100% tax deduction in the year of investment if they invest in SMMEs by way of subscription of shares in a Section 12J Venture Capital Company.
Flyt’s Section 12J compliant property developments give investors the full 12J tax deduction, allowing them to put this saving/refund towards their property purchase. This means that SARS will effectively fund up to 45% of the purchase price of the property.