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Scroll through our articles to find out more about what is happening in the property industry.
Move over Sandton, Pretoria East is now where it is at for high net-worth buyers and investors. Where the Sandton market topped R6.4bn last year, Pretoria East boasts turnover of R8bn and some 7500 property transactions.
Selling your house doesn't just involve a property agent, a moving company and maybe a storage facility thrown into the mix.
Here are some potentially unexpected selling expenses you may encounter:
Are you considering renting out one of your properties?While this is an exciting venture that has the potential to secure extra cashflow, there are some important things to keep in mind.These 8 helpful tips will help you along the way:
The decision to reduce the repo rate by 25 basis points announced by the Monetary Policy Committee of the South African Reserve Bank (SARB) is most welcome news according to Samuel Seeff, Chairman of the Seeff Property Group.
Considering that an investment in Malta starts from as low as EUR200 000-250 000 which amounts to about R3m-R4m, Lance Cohen, luxury market specialist from Seeff Atlantic Seaboard says that Malta is fast becoming the new favourite location for a second home for wealthy South Africans.
Selling and buying a home are equally exciting (and equally stressful ventures).While you're gearing up to sell, someone else is gearing up to buy. Everyone involved needs to be as prepared as possible.
The economic pressures and junk status notwithstanding, properties in the Cape are still fetching excellent prices according to Samuel Seeff, chairman of the Seeff Property Group.Seeff has concluded a number of recent high value transactions on the Atlantic Seaboard including R54m for three sales ranging to R27m in Camps Bay, a single sale of R82m in Fresnaye, a record sale of R32m in Hout Bay and R34m in Higgovale in the City Bowl.
So, you quite like the idea of owning a rental property and think you might be able to earn good rental returns. Yes, that might well be the case, but take care, there are pitfalls.The experts at Seeff present their top tips for making sure you make a good investment:
Development around the V&A Waterfront continues, as is the demand for well-priced property.The Waterfront, Silo's and Mouille Point rank amongst the best investments in the city.
Sectional title property, especially more compact units that offer security and good access to transport infrastructure is hot property.Across Johannesburg/Pretoria, this type of property is also excellent investment given the demand for secure living. Rental demand adds further appeal according to Seeff's branches.
Situated among the Swartberg mountain range, Toringberg and Towerkop is the small town of Ladismith - a fascinating place for many reasons.
Kleine Parys Estate 2, a new Lifestyle Security Development, is soon to be launched on the well-known Klein Parys Vineyards Wine Estate, one of the oldest proclaimed Wine Estates in the Cape.
Hazelwood, Constantia Park and Equestria are three Pretoria East neighbourhoods, popular with younger buyers.Each has its own appeal and draw-card and offer an excellent selection of property to suit all budgets.
Even though it is important to consider the current economic status and its relevance to property matters before you buy a property, it is vital that every investor should be looking at a time horizon of owning a property for at least five years before making an investment. So says Tony Ketcher, Seeff’s Regional General Manager in the Cape.
Elaine Chetty bought her first home 18 years ago and now heads up the most active and youngest branch of Seeff in KZN.Her guidance on the steps involved in buying a home are definitely worth paying attention to.
Developing senior management skills is a vital part of any organisation and has been a major focus of the Seeff Dolphin Coast management team this past year.This is reflected in their performance at first the Seeff KZN Awards and now at the Seeff National Awards.
How to save for a home deposit.Buying your first home is a really exciting time. A new home, a new start, new memories to be made...
10 things to do before selling your home.
Selling up is no small feat, but there are ways to make the process smoother and easier. These top tips from the Seeff experts will help you tick all the right boxes before selling.
Should I buy, should I sell?With so much written about the economy and property market, it is easy to be confused.
So, you've been on the buyer’s bandwagon a couple of times:You've been there, done that... got the t-shirt. Surely the same rules should apply for selling, right? Well, not quite. The truth is, each market is very different and require a unique approach.
Is there a "right time" to sell?If you're thinking about selling your property, you're likely hoping it will be sooner rather than later. But when is the right time to sell?
How to make compromises during your house hunt.When it comes to most things in life, couples try their utmost to avoid the C-word: compromise. But you can't avoid it when it comes to buying property.
There can be little doubt that a sole mandate consistently delivers better results for sellers, says Pierre Germishuys, MD for Seeff Boland Winelands, West Coast, Brackenfell and Port Elizabeth.
Samuel Seeff, chairman of the Seeff property group has welcomed the decision by the Monetary Policy Committee of the SARB (South African Reserve Bank) to retain the repo rate at 7% (home loan base rate of 10.5%).
Full title house prices in Fresnaye on the exclusive Atlantic Seaboard have risen by 76% in just four years according to Lance Cohen, Seeff agent for the area.
Develpments such as Menlyn Maine is fuelling demand for property and rentals in Pretoria East.
The two factors that contribute most to the ever climbing prices of property in Century City firstly include the shortage of available land - limiting the expansion of the suburb - and secondly the ideal location it affords its residents.
Now on the books of Seeff Pennington priced at R9.85m is a unique development opportunity that features existing properties of value as well as environmental approval for building a 60-unit retirement development.
Oranjezicht and Higgovale have emerged as investment hot spots for luxury family homes, attracting buyers locally, but also those looking to relocate from places such as Johannesburg and Durban.
A first of its kind luxury retirement hotel offering stunning sea and mountain views named Plett Platinum is being planned for Plettenberg Bay.