I made my first trip to Africa in 2000. Up to that point I had been working for a manufacturer of construction materials based in Dubai and servicing the Middle East. Even at that time, much of Africa was suffering the economic hangover of both colonialism and the subsequent de-facto cold war which had been waged across Africa...

Owners are being both short-sighted and dishonest if they neglect to tell prospective buyers of their home about its defects.

“There is in the property market a widespread belief that the seller can hide behind the voetstoots clause,” says Tony Clarke, MD of Rawson Properties.

But, he says, the law on these matters makes it clear that if a buyer can prove that you as the seller knew of the defect — or should have known because it was fairly obvious — you can be taken to court and made to pay for the cost of repairs and the inconvenience caused...

DESPITE a rising interest rate environment and gloomy predictions for residential property by pundits, some estate agencies say they are still experiencing healthy demand for residential property from buyers.

Samuel Seeff, chairman of Seeff Properties, says he thinks there is sufficient demand from potential property buyers in the market to satisfy any “reasonable seller’s asking price”...

The costs of municipal services such as electricity and water are increasing rapidly in SA but fortunately, new technology and common sense can significantly lower property owners’ bills for these services.

In the most recent Property Signposts newsletter, the Chas Everitt International property group lists the following 10 ways to cut water and electricity bills...

Homeowners preparing their properties for sale and buy-to-let investors need to think about the features that will most impress the new generation of buyers and tenants – and the lifestyles of young adults can provide valuable clues.

High on the list of priorities of the ANC in government has been the delivery of formal housing for all the people of South Africa. Many people do live in some kind of formal housing, although many still live in shacks. FinScope, a study of the lives and circumstances of South Africa's residents conducted by TNS Research Surveys, finds that however humble most dwellings are, they are enormously important to those who live in them.

Yet most residents do not have home insurance to protect this most valuable asset, and the use of mortgage bonds to buy housing is far from widespread...

There’s exceptional value for money to be had on the property market south of Alberton, with the added bonus of an active municipality that is determined to preserve the pastoral ambience of the area.

So says Pawel Jurkiewicz of Leapfrog Property, who notes: “Properties in Henley-on-Klip have been in increasing demand in the past year or so, and stands generally have nearly tripled in value as more and more people migrate from denser, bustling areas in search of a quieter, safer lifestyle...

Henley on Klip is situated next to the R59 between Johannesburg and Vereeniging. The village was founded in 1905, by Advocate Horace Kent. Born in 1855 in Henley on Thames, England, Kent came to South Africa in 1898. The area where Henley on Klip is located, reminded Kent of his hometown, in England, Henley on Thames. Kent, in conjunction with the Small Farms Company (SFC), bought the land from a Mr. Van Der Westhuizen, for a price of 5000 Pounds, and the land was divided into smallholdings from 1 to 80 acres...

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SA should embrace foreign land ownership – with conditional love, says Engel & Völkers

The Report by the Panel of Experts on the Development of Policy on the Regulation of Ownership of Land in South Africa by Foreigners is short-sighted in asking for an immediate moratorium on foreign ownership of South African property, says Niël Cronje, CEO of Engel &Völkers South Africa. “It would be extremely rash to make such a decision, when the Panel itself cannot quantify to what degree foreign nationals own property in South Africa. Without real statistical support, which the panel admits it is lacking –implementing such a moratorium is going to send a destructive message to foreign investors, something that the country can ill afford rightnow,” he says...

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