Mauritius is putting the rich first when it comes to expanding the tourism and hospitality sectors in a strategy that focuses on exclusivity.

But to offset criticism in a country where the gross domestic product per capita is below $7,000, the government is also promoting training and social programmes with the help of international developers to provide more than just low-grade work...

In a softer property market cluster homes stand out as arguably the most solid choice for buyers right now.

Gerhard Kotzé, CEO of the ERA South Africa property group, notes that there is no separation of statistics on residential property sales to support the view that clusters are the strongest selling niche in the property market.

“However, anecdotal evidence from our agents suggests that demand and values in this niche are indeed the most robust at the moment.

Ban on geysers, pools, office air-con Commercial Ban on geysers, pools, office air-con Realestateweb reporter sound ridiculous? Have a look at draconian draft law aimed at easing national power crisis – property industry alert.

If you thought the national power shortage crisis couldn't produce any more surprises, think again.

Some government officials would like to see a prohibition on electric geysers without a solar heating facility in new dwellings valued at more than R750 000 or that are bigger than 300m²...

Demand for residential property in South Africa is expected to pick up towards mid-year, as buyers respond to a peak in interest rates, an improving rental market and slowing house development, a property expert said.

"Although in these relatively gloomy times it is sometimes difficult to see light at the end of the tunnel, it is always important to remember that property runs in cycles, and at some point the cycle turns," said John Loos, a property strategist at First National Bank...

Although the monthly costs of homeownership such as home loan instalments and municipal rates are on the rise, this is no time to slack off on maintenance.

So says Berry Everitt, MD of the Chas Everitt International property group, who notes that keeping your home in top condition will save you money in the long run, and that in the current tight economic conditions the old adage that “a stitch in time saves nine” should be kept in mind...

When you own a house together and things fall apart, how do you decide who gets what?

My mother went from her parents' home to her husband's home via a white wedding, and that's the way things were in those days. In small-town South Africa in the post-war years, live-ins with boyfriends were a bit off the wall; women became teachers or nurses, secretaries or clerks until they married, and then, mainly, and if things went right, they were mothers...

Dear Editor,

What I want to address is the following example:

• You earn a salary of R5000-00 a month
  
• You qualify for R150 000-00 loan
  
• There is no houses of R150 000 in Pretoria of course
  
• You do not qualify for RDP house because you earn a salary of R5000 pm
  
• You pay a rental of R1500,00 PM for boys rooms township
  
• You are a single parent of 3 kids (14, 10 & 11)

Any advise please
Rakgadi

Dear Rakgadi,

You will have to look what alternative housing is currently provided. This would all dependant on the area. Outside of Pretoria this may be Atteridgeville or Mabopane

Fanus de Ruyter
BondFinance

From the editor: Indeed it is not easy to find a property for R150 000.00. Of my search on www.cyberprop.com a total search of 10 090 properties in Pretoria I could only find only a handful. My best advice is to contact estate agencies in your area directly.

The only agency with properties under R200 000 was Inpa

Good luck!

In a softer property market cluster properties stand out as arguably the most solid choice for buyers right now.

Gerhard Kotzé, CEO of the ERA South Africa property group, notes that there is no separation of statistics on residential property sales to support the view that clusters are the strongest selling niche in the property market...

South African buyers are railing against the price of local property, which according to Jacques du Toit, senior property analyst for ABSA Home Loans, has grown a phenomenal 284 percent since the beginning of 2000. However, home ownership is still relatively cheap when compared with London, New York and even Moscow...

The second oldest town in South Africa, founded by Simon van der Stel in 1679 and renowned for its Cape Dutch buildings, university and wines, Stellenbosch lies in a fertile valley surrounded by vineyards, orchards and mountains.

It is an academic and farming community and one of the best preserved towns in South Africa. Stellenbosch is affectionately known as "Eikestad" - town of oaks

>> View Properties in the Western Cape
>> View Properties in Stellenbosch

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Lanice Steward, Managing Director of the real estate agency Anne Porter Knight Frank, was recently dubbed “the consumer’s friend” by a highly satisfied client - and the reason for this was that Steward had pointed out certain weaknesses and possible pitfalls in the developer’s sale agreement.

“In my experience,” said Steward, “most Cape property developers are jealous of their reputations and are ethical and professional - but there have been, and there always will be, a few exceptions to the rule. Anyone buying a home on a plot and plan basis therefore has to be exceptionally diligent, particularly in checking what rights or special conditions the developer has inserted into what appears to be a standard contract...

The Property Manager provides you with a very extensive and detailed list of criteria which you can capture for your property listings and gives you the control to decide how you would want these properties to be displayed on the Internet

• Manage property for sale and previously sold
• Activate or deactivate Internet listings with immediate effect - no waiting!
  
• Keep track of your On Show and On Special properties and list them on your website
• Print and email multiple reports
• Unlimited number of pictures
• Keep a history database

If you would like to know more about the above features and benefits that CyberAgent offer, visit: www.cyberagent.co.za or email: sales@cyberprop.com

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