There are many remote destinations, coastal and inland, yet to be explored with highly affordable prices. A good example of remote locations that has become high in demand would be Dullstroom in Mpumalanga, where the attraction is for the outdoor type of person who likes fishing.
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Western Cape, playground for the rich, has seen much attention from international and local investors alike.
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If Phelindaba was mothballed, why would the government then be considering a “from scratch” nuclear power plant project in a remote location like Humansdorp?
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The gap between building and buying was 19.4% for the first quarter 2013. The gap is narrowing but this is a gradual as the growth in property currently.
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The House Price Index has reflected a growth of 10-15% y/y for July 2013 in Pretoria East, depending on the type of property.
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The coast is calling, that holiday property you were considering looks more attractive now.
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Property value is governed by a few fixed factors. Here are some of the factors which influence the value of your property investment.
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The FNB House Price Index is at 6.4 % August 2013 for the greater Gauteng. The House Price Index has reflected a growth of 10-15% y/y for July 2013 in Pretoria East, depending on the type of property.
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It is always wise to be clear about what kind of investment you need or what the property will be used for. Will it be a holiday destination or purely an investment property?
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There are both positive and negative aspects of owning and renting holiday accommodation. It is a matter of preference and financial feasibility.
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With interest rates low, the affordability of property has improved. Within the current climate both selling and buying is acceptable.
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There are both positive and negative aspects of owning and renting holiday accommodation. It is a matter of preference and financial feasibility.
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When deciding to invest in a buy-to-let property, there are some aspects you need to consider:
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Pretoria east is fast becoming a shoppers- and investors haven. With the advent of the major development being undertaken with Nedbank as funding partners for this monumental project, the east of Pretoria could experience an upsurge in property value.
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What is it that makes coastal property so attractive? Is it the lifestyle, pace of living, living expenses or just the idea that you can take a walk on the beach whenever you want to?
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Investing in a Retirement property, in my view, makes sound financial sense. When you retire you do not have the convenience of an annual increase in salary. The cost of living is guaranteed to increase and a safe way to counter this inflation is by investing in retirement property.
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Being a first time home buyer or selling your property can be confusing. To top all of this many abbreviations are used.
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Statistics show an increase in the migration to Gauteng. Is this a new trend? Not according to latest statistics!
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Your lifestyle and pocket are indeed determining factors when you are wanting to invest in property. Here are 10 Tips to consider in finding the correct property to match YOU.
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Buying property to rent is not an investment prospect that should be entered into blindly. There are many risks and pitfalls. Here are 10 facts to consider before you entertain this idea as an investment opportunity.
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When you are in the process of buying property it is advisable to know exactly what you need in the property.
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Banks in South Africa ensure that the interest rates on home loans are as competitive as possible – while there is a limit to how low they can ‘discount’ interest rate offerings. For home buyers ‘shopping’ around for the best available home loan product it does pay to remember this when considering where to apply for financing for your home.
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Eskom has recently applied to administer a tariff increase of 16% annually for the next five years, an increase that will overtake most South Africans’ wage increases. The increased electricity cost will also send the prices of food and other living expenses soaring – making it increasingly important for those buying orrenting property to reprioritize the features they require in a home.
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The process of transferring property can be both onerous and costly, and many sellers – and buyers – are ill-prepared for this vast amount of paperwork. It is thus vitally important that before you sign that sales agreement you are aware of how the transfer process works as well as the implications this will have on your budget.
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The Western Cape average house price growth has, since the first quarter statistics reports, shown the most significant growth since the bottom fell out of the property market in 2007. Already in the first quarter of 2012 the property prices in the Western Cape showed an increase – year-on-year – of 8.2%, ahead of all other South African provinces.
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