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Monday Nov 13, 2017

More flats and fewer houses being built

South Africa's economy may be making property ownership a little harder to achieve, but statistics reveal that more than 50 000 homes were purchased from July to September.

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Legal firm probed in house sale scam

The Cape Law Society has received several complaints about a law firm allegedly involved in property scams in Cape Town.

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Cape Town rental demand strong ahead of summer

Demand for rental property at prime locations in Cape Town, such as the Atlantic Seaboard, has led to some visitors spending about R30 000 a day.

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Holiday letting requires preparation

Holiday letting landlords should ensure that they are fully compliant with town-planning regulations. Cape Town is the only South African metro with bylaws in place to regulate short term rentals, but as they were not routinely enforced up until now, most property owners are unaware of their existence.

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'Rentvestors' reap tenant and landlord benefits

South Africa is seeing the emergence of a new type of property buyer known as a "rentvestor", says Gerhard Kotze, managing director of the RealNet estate agency group.

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Property buyers 'need more home loan choices'

South Africa needs more home loan options to make property ownership more accessible.

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