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Property News - 27 August 2015

FROM THE EDITOR

There are huge opportunities in Africa. According to the World Bank, Africa is on the brink of an economic take-off. In today's newsletter we share 2 articles with you about the future of real estate on our continent. Don't miss South African Property Investment Summit ends on high note and Real estate in Africa continues to drive growth potential.

Thinking of becoming a landlord? According to Tony Clarke, Managing Director of the Rawson Property Group, if correctly managed a buy-to-let property can be one of the most attractive investment opportunities out there. He shares some advice with us on the dos and don'ts when buying an investment property in Buy-to-let 101: What you need to know before taking the plunge

In Focus On this week, we take a look at what is happening in KwaZulu Natal's North Coast residential property market which has performed exceptionally well in the first half of this year (2015), confirming that although there was a period of reduced activity as financial markets rebalanced in recent years, this coastal region remains one of the country’s most sought after residential destinations.

Enjoy!
The editor


Property of the Week

House for sale in Ballito
Ballito - Stunning Ultra Mod Home with 240% Sea View

In the News this week


South African Property Investment Summit ends on high note

South African Property Investment Summit ends on high note
The two-day Africa Property Investment Summit ended in Johannesburg on Wednesday with experts and key role players in the industry saying there is a bright future in the real estate in the continent...
South African Property Investment Summit ends on high note

Real estate in Africa continues to drive growth potential

Real estate in Africa continues to drive growth potential
A growing consumer middle-class, powered by rapid urbanisation and shifting demographic trends is driving both property demand and growth opportunities in the real estate industry across the African continent...
Real estate in Africa continues to drive growth potential

Trendy townships

Trendy townships

With its barrel-vaulted ceilings, garage for five cars and swimming pool hidden from the street by lush gardens, the sprawling home is what you might expect to see in Johannesburg’s wealthy northern suburbs...
Trendy townships


Huur gaat voor koop

Huur gaat voor koop
When a property is sold when it has a tenant in occupation, the questions often raised are: “What happens to the tenant if the landlords sells the property?”, and what rights the tenant will have with regards to canceling the lease or enforcing it...
Huur gaat voor koop

Buy-to-let 101: What you need to know before taking the plunge

Buy-to-let 101: What you need to know before taking the plunge
Correctly managed, buy-to-let properties can be one of the most attractive investment opportunities out there. For a relatively low up-front cost, they can generate good long and short term returns in the form of capital growth and rental income, and their gearing potential...
Buy-to-let 101: What you need to know before taking the plunge

Sign board issues addressed at city of Cape Town update

Sign board issues addressed at city of Cape Town update
A quarterly participation meeting was held between the City of Cape Town, represented by Councilor Johannes van der Merwe, and heads of various stakeholders in the property industry (including the Institute of Estate Agents Western Cape) in Cape Town regarding the use of advertising signboards, particularly by interns, and the new advertising tariffs charged by the Council...
Sign board issues addressed at city of Cape Town update

In sectional title developments, 'undesirable' tenants are the landlord's responsibility

In sectional title developments, 'undesirable' tenants are the landlord's responsibility
It is likely that in multi-unit sectional title developments there will always be one or two residents who are thought by most of the others to be ‘undesirable’ and when this happens the body corporate is frequently called in by its members to take action...
In sectional title developments, 'undesirable' tenants are the landlord's responsibility



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Focus On

Focus on the North Coast, KwaZulu Natal

Focus on the North Coast, KwaZulu Natal
Demand outweighs supply in KZN North Coast property market

As new stock becomes available to purchase on KwaZulu-Natal’s rapidly expanding residential property market so it is rapidly snapped up by eager buyers wanting to acquire a home on this prime stretch of real estate...
Focus on the North Coast, KwaZulu Natal

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In the Area

Boom time for Bedfordview residential market

Boom time for Bedfordview residential market
The leafy, upmarket East Rand suburb of Bedfordview is experiencing a notable surge in demand for residential property as investors are increasingly drawn by its convenient location and wide range of property options which cater to all needs and budgets...
Boom time for Bedfordview residential market

Home buyers agree... Tokaiís a keeper

Home buyers agree...Tokaiís a keeper
With just over half the local residents remaining in the area for 11 years or more – the mature and leafy suburb of Tokai in Cape Town’s Southern Suburbs is consistently one of the most popular residential destinations in the region for home buyers...
Home buyers agree...Tokaiís a keeper

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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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