Real Estate

Semigration

What’s behind the semigration trend in South Africa?

South Africans are increasingly looking to greener pastures within our country’s borders in search of a better quality of life away from the stresses of big cities, notes Andrea Tucker, director at MortgageMe. Semigration, or moving from one part of the country to another, is firmly in the spotlight as Covid-19 makes working remotely de rigueur. Data from FNB shows a continued trend towards...

level 3

Tenants and landlords – what you need to know about level 3 lockdown rules

The amended level 3 lockdown regulations give tenants who can’t pay their rent due to “the disaster” some “breathing room”, but landlords will still be entitled to demand their rentals and cancel leases if tenants remain in breach indefinitely. That’s according to Cape Town-based rental property attorney Marlon Shevelew. The regulations make the following practices “unfair” in...

Property rentals

Knowing Your Rights

Knowing your rights and obligations as a tenant in South Africa With South Africans being forced to tighten their belts even further this year, it’s becoming increasingly important for consumers to learn where and how they can save money and the rental arena is no exception. There are a number of situations where tenants can unwittingly incur unnecessary and avoidable costs and even place themselves...

3 Things to do when hitting the property market today

For many of us, this has meant discovering the limitations of our current properties, triggering a search for a more suitable home in which to enjoy our new normal. Luckily, there has never been a better time to venture onto the property market. Tony Clarke, MD of the Rawson Property Group, explains how best to navigate it in today’s unusual times. Prioritise safety “The most important thing for...

Semigration

SEMIGRATION : What exactly is it all about ?

What is semigration and what’s driving it? Semigration or semi-emigration is the act of moving to another location within your home country. While this definition may prompt one to ask: “Isn’t that just known as moving?”, semigration is distinguished by the motivating factors behind the relocation. Just like those who emigrate, they hope that a change of location will be the key to a better...

SA Property Pages Land Reform

Property Rights Under Threat

Paving the way for a land-grab free-for-all By Anthea Jeffery -August 27, 2020 In a judgment handed down on Tuesday this week, the Cape Town high court issued an interim interdict barring the City of Cape Town from evicting illegal land occupiers from their shacks – whether these are occupied or not – without first obtaining a court order. This interim interdict will...

SA Property Pages Cape Town Property trends 2020

2020 Cape Town Property Trends

Cape Town Property Trends for 2020 Category Property Advice Unfortunately for sellers, it continues to be a market leaning toward the buyer, with FNB's property barometer showing that while prices continue to drop, buyers are getting their biggest home loans in a decade. More supply, of course, equals more choice. And with prices continuing to drop - and home loans trending in the opposite...

The art of negotiation when buying your first house

The Art of Negotiation When Buying Your First House .   Most of us are uncomfortable about negotiating a deal, especially on a property. Mastering a few tricks will give you the power to go out and get yourself the best deal. Ask any salesperson and they will tell you there's an art to negotiating the best deal possible in any transaction. Buyers don't generally offer the full purchase price...

What Does Purchasing a House With an Encroachment Mean?

Many purchasers of residential real estate do not engage a surveyor to survey the property before purchasing it. This can be a mistake in compact older residential areas where side yards are small or with any property that is bounded by a neighbor's fence. Surveys can identify encroachments on the property that are a threat to your ownership and use of it. Encroachment Defined An encroachment exists...

The cheapest cities to live and work in South Africa

Online job aggregator Adzuna has published on a new analysis which ranks South Africa’s cities on earnings, job opportunities per person, average house prices and rental figures. Johannesburg was crowned as the best place to live in South Africa based on the availability of job opportunities, average salary and house price affordability. Since the average renter only spends about 19% on rent...

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