Editor’s Viewpoint

Happy Friday!

Despite doom and gloom brought about by the impact and destruction of loadshedding on businesses and property, we are still seeing a boom in coastal property according to Seeff property Group, despite interest rate hikes.

The City of Cape Town’s new rates calculator is now live which allows property owners to estimate how much their rates could increase on 1 July 2023 based on the current valuation of the property. You can click on the calculator on the city’s website which enables property owners to determine valuations on their rates bill (including reductions) in residential property valuations.

We explore 5 ways first-time buyers can get into property now, and the way to deal with nuisance neighbours for owners of sectional title units. We find out if solar boosts the value of our properties or not and how we can reduce our office costs with cloud based solutions.

Read the latest edition of Real Estate Investor Magazine which has loads of investor insight to help you on your property journey.

Lastly don’t miss our LIVE event that starts at 10h00 today in Cape Town called The Income Buster. Seats are almost sold out so click on the link to book now if you want to boost your personal or business income this could be the game changer.

Successful investing!

Neale

Five ways for first-time buyers to get into property this year

With the raising of the transfer duty exemption threshold to R1,1 million with effect from the 1st March, there are plenty of reasons for first-time buyers to get into property this year, says Samuel Seeff, chairman of Seeff Property Group.

How to deal with ‘nuisance’ neighbours in sectional title & gated estates

Living in a community housing scheme can be exciting when it involves getting to know close neighbours from different places and backgrounds and their diverse perceptions and preferences.

Does installing a solar system boost your home’s value?

While some studies show that installing a solar photovoltaic (PV) system – solar panels, batteries and inverter – can increase your home’s value by between 3 and 8%, the theory has yet to be tested in a housing market that is still adopting solar power as an Eskom alternative, at scale.

Cloud-based workspace management crucial for reducing costs and improving efficiency

Real estate and facility costs make up a fifth of the average company’s expenditure, which is why Covid-19, the lockdowns and hybrid working accelerated the need for an integrated workspace management system (IWMS).

Real Estate Investor Magazine

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