Known for its natural beauty and abundant wildlife, Limpopo has also become the top performing housing market in the country, with its property prices tripling in just three years.Annual house price growth in Limpopo – most recently in the news for being the location for the filming of Tom Cruise’s Mission Impossible, was 7.47 percent in August, surpassing that of the Western Cape at 6.45% and...
The concept of Life Rights in real estate has become a popular retirement model across the globe. This approach to retirement, often referred to as the ‘right of occupation,’ is achieving significant acclaim in the United States, Australia, and New Zealand, and according to some local industry players, South Africa is on the same trajectory.Generally speaking, life rights in property developments are...
Carola Koblitz, a freelance writer, gave up her Cape Town city life in 2018 after promising herself – and her former employers – that she would move to the country to work remotely by the time she turned 60.When this milestone arrived she sold her 14th floor 72m² city apartment and bought a new home in Napier, a village at the foot of the Soetmuisberg, between Caledon and Bredasdorp, in the Overberg...
As more people choose to downsize their lives in smaller houses, townhouses, and apartments, it has become increasingly important to maximise every square metre of available space.Spaces need to become multi-functional and there are clever ways to do this without making your home look cluttered or cramped.The way in which people use their homes has changed since the pandemic, and the shift towards remote...
Buying a home within a good school district is not only a good idea for those with families, but also a smart investment decision – even if you don’t yet have, or may never have, children.In fact, the quality of the schools is a more important factor in buying decisions than proximity to shopping, or even family and friends, as homes that are close to good schools are often in higher demand and fetch...
If you have decided that 2024 is going to be your year for a big change – perhaps a fresh start in a new province or region, then you need to start preparing now, if you haven’t already.Semigration has been a growing trend in South Africa for years as people yearn for renewed opportunities and lifestyles in completely different surroundings, but since the pandemic and the rise of remote working, the...
Making the move from city to country life is not all sunshine and roses, although, with the right attitude, it can be.“Even though your mindset may be ‘right’ for a move to the country, know that it may take about a year to adjust and slot into an entirely new lifestyle and community,” says Nikki Elliott of Country & Coastal Properties.Many new residents struggle when they find themselves far away...
Rapidly rising interest rates and living costs have had a marked effect on South Africa’s property market, with sales volumes and price growth slowing in recent months.Even though the interest rates aren’t that much higher than in 2019, the market is more sluggish than usual, and several industries are struggling as the total monthly bond registrations have almost halved since the 2021 peak.Clive...
The KwaZulu-Natal (KZN) South Coast, known for its picturesque coastal beauty, is fast becoming a hotspot for property development and infrastructure upgrades, drawing investors and attention from around the world.Recent projects and ongoing initiatives are poised to reshape the region, creating jobs and strengthening the local economy.One of the notable developments driving this transformation is Serenity...
As much as South Africans are praying for the South African Reserve Bank to keep the repo rate unchanged next month, arguing that inflation is still within the target range, there is a very high possibility that it will go up.If it does, an increase of 0.25 percent seems likely, although it may not be a bad thing to budget for a 0.5 percent hike, just to be safe.If you are paying off a R1 million home...
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