Being a landlord can be just as challenging as managing any other business and, in a slow market where stock outnumbers prospective tenants, its especially important to have a thorough understanding of the current rental market and to take a hard, objective look at your property.
JSE listed Balwin Properties, South Africa’s largest turnkey sectional-title developer, today announced a rental transaction that will see Balwin Rentals (Pty) Ltd retain a right of first refusal to acquire 4 544 rental apartments to be developed by Balwin Properties.
In the 2nd Quarter 2018 FNB Estate Agent Survey Buy-to-Let demand is perceived to be slower of late, along with moderating near term expectations amongst agents.
While the number of international buyers in residential property in South Africa remains relatively low, at somewhere in the region of three percent nationally, investors from elsewhere on the continent – including returning expats - retain their appetite for the acquisition of South African real estate for a variety of reasons.
South African focussed JSE listed REIT Arrowhead announced strong operating performance for the period ending 31 March 2018.
House prices in the Northern Cape are reflecting robust growth as the demand for residential accommodation outstrips supply.
An intriguing spike in TPN's rental statistics bears this out: South African men in their 30s generally don't rent – until they turn 39, when suddenly the figures jump.
Due to the current economic conditions fewer people are able to purchase a home – albeit it to live in or to buy-to-let.

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