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Property News - 26 May 2016

FROM THE EDITOR

The pace of green building in Africa is accelerating, not only in South Africa but across the continent. Green building is a growing global movement, but its implementation varies widely by country and region, including the rate of growth in green involvement, triggers and obstacles impacting that growth and even the degree of benefits noted. Read more in Green building is gaining rapid momentum in Africa

In Location is king we read that that location refers to several aspects that potential homebuyers need to consider before they make their final decision and sign an offer to purchase. There are various factors that influence whether a particular location would be considered to be ‘good’ or ‘bad’.

If you are still paying off the bond on your rental property, you will also be paying a monthly or annual premium for home owner’s insurance. According to Greg Harris, CEO of Chas Everitt Rental Properties, you need to check the terms of your policy and make sure that the insurer knows the property is being let and is not owner-occupied. Read more in Important insurance issues for landlords

In Focus On this week we take a closer look at Pretoria where the market for student accommodation has ballooned in the past few years and turned into a niche property sector.

Enjoy!
The editor

Property of the Week

5 Bedroom house for Sale in Waterkloof Ridge, Pretoria
4 Bedroom House for Sale in Waterkloof Ridge

SAPTG Reports

In the News this week


Green building is gaining rapid momentum in Africa

Green building is gaining rapid momentum in Africa
Green building is gaining rapid momentum in Africa with office buildings in Rwanda and Namibia both receiving 6-Star Green Star ratings...
Green building is gaining rapid momentum in Africa

Location is king

Location is king
Regardless of whether a property professional works with commercial or residential property, all will agree on one aspect, and that is that location is one of the most important aspects to consider when purchasing a property...
Location is king

Get higher offers on your empty home

Get higher offers on your empty home
Empty houses make buyers suspicious – and generally inclined to make lower offers than they would on homes that are still occupied and furnished...
Get higher offers on your empty home

Important insurance issues for landlords

Important insurance issues for landlords
If you are still paying off the bond on your rental property, you will also be paying a monthly or annual premium for home owner’s insurance – also known as HOC – which covers you against damages to the structure that may be caused by flooding, fire, wind, hail or other natural disasters...
Important insurance issues for landlords

7 Reasons why Property Management helps protect your assets

7 Reasons why Property Management helps protect your assets
Thinking of letting your property but don’t know about Property Management? Jawitz Properties’ Phillippa Delport, gives seven good reasons why a property manager can assist...
7 Reasons why Property Management helps protect your assets

Short term lets in ST schemes can be problematic to manage

Short term lets in ST schemes can be problematic to manage
A recent trend is short-term letting of residential sectional title units as holiday accommodation, which often are specifically bought for this purpose...
Short term lets in ST schemes can be problematic to manage

Check appliances and electrical sources in rental properties

Check appliances and electrical sources in rental properties
There are sometimes incidences, whether through lack of attention or the tenant not being available when a rental agent wants to do an inspection, that some electrical faults could become evident in a let home, and the tenant does not notify the agent or the landlord that this has happened...
Check appliances and electrical sources in rental properties
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Focus On

Focus on Pretoria, Gauteng

Focus on Pretoria, Gauteng
Plenty of buy-to-let opportunities in Pretoria's top student areas

While the South African residential property market is showing signs of strain, prices in the Western Cape just keep going up...
Focus on Pretoria, Gauteng

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In the Area

Highlands North property buoyant despite prevailing market conditions

Highlands North property buoyant despite prevailing market conditions
The once-sedentary residential market of Highlands North where buyers were known to put down roots and stay for years, has seen a lot more activity of late due to its excellent value, the availability of fixer-uppers, its central location, proximity to good schools and the introduction of the Rea Vaya rapid bus transit system..
Highlands North property buoyant despite prevailing market conditions

North Riding a top choice for young execs

North Riding a top choice for young execs
Tucked into the eastern quadrant of the intersection between Malibongwe Drive and Witkoppen Road, the suburb of North Riding has developed over the past 10 years into one of the more popular choices for up-and-coming young buyers in greater Johannesburg...
North Riding a top choice for young execs
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"This is not advice. Clients should not act solely on the basis of the material contained in this newsletter. Items herein are general comments only and do not convey advice per se. Also changes in legislation may occur quickly. We therefore recommend that formal advice be sought before acting in any of these areas."

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