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News

How to understand foreign ownership
International irrationality aside, there's no doubt that talk of banning or regulating foreign land ownership in SA is gorgeously convenient politics for leaders of the ruling party who are preparing to face their grassroots support base at the December conference. By Troye Lund, Finweek...
21 Sep 2007
First-time buyers could be extinct
More could be done to encourage first-time home ownership, says a property executive...
20 Sep 2007
Buy from foreigners: Withhold tax
Anyone buying property from a non-South African resident should be aware that they must withhold tax from the proceeds of that sale as of 1 September this year...
17 Sep 2007
Plan ahead for home ownership
Planning is the key to successful home ownership and the first thing to plan is how to afford your first property...
17 Sep 2007
CGT on fractional re-sales?
The rapid growth in fractional ownership sales has raised questions about the tax implications of this relatively new type of property ownership. By Joan Muller...
29 Aug 2007
Credit Act doesn't deter expats
The National Credit Act, which came into effect on the 1st of June this year, has not diminished the number of expatriate buyers of South African property...
27 Aug 2007
Keep an eye out for water damage
Water damage in a home is often overshadowed by more noticeable problems such as a messy garden, a bad paint job or lack of light...
27 Aug 2007
Expats interested in SA property
It is clear that many South Africans living abroad still feel a connection to this country, and want to keep a foothold here by owning local property...
23 Aug 2007
Drop in 1st buyers in last 2 years
The number of first time homebuyers entering the SA housing market has dwindled significantly over the past two years, latest FNB housing figures show. By Joan Muller...
21 Aug 2007
Foreign buyers only affect top-end
Sales to foreign investors of free market properties can influence top-end property prices, but have no effect on the affordable end of the market...
21 Aug 2007
Fractions now available in Dubai
Fractional title options are now available to South African investors in a Dubai development...
10 Aug 2007
New players enter fractional fray
Leisure property investors are becoming spoilt for choice as more and more developers and real estate groups start to add fractional ownership options to their product offering. By Joan Muller...
08 Aug 2007
Exclusive estate goes fractional
Until recently few could get their hands on a piece of prime property at Pinnacle Point Beach and Golf Resort (PPB&GR) at Mossel Bay, but that is about to change with the introduction of Pinnacle Point's Fractional Ownership investment...
03 Aug 2007
'Don't ban foreign buyers'
With the resurgence of the foreign property ownership debate, the commission has tabled a draft policy that restricts ownership under certain conditions. Property experts believe the reasons are largely invalid...
02 Aug 2007
NCA to increase demand for options
The recent promulgation of the National Credit Act is likely to create heightened demand for leisure concepts such as Fractional Title Ownership, which brings exclusive holiday homes within reach of the man in the street...
01 Aug 2007
London property still a good buy
South Africa's asset managers and estate agents are again starting to punt London residential property. By Joan Muller...
16 Jul 2007
Home inspections highlight defects
Homebuyers are continuously getting caught off-guard when buying homes with hidden defects, when a thorough inspection could have highlighted the problems ahead of the purchase. By Herman Zolty...
10 Jul 2007
Older homes may be better buys
Established homes in older residential areas often have the upper hand over homes in new developments in terms of location...
05 Jul 2007
'Cooling-off' period for homebuyers
According to Section 29A of the Alienation of Land Act if someone purchases a property valued at R250 000 or less they are entitled to a "cooling-off period". This doesn't apply to higher priced properties though. By Bavani Naidoo...
27 Jun 2007
NCA loophole for home buyers
There is a loophole in the new National Credit Act through which homebuyers can side-step the stricter financial measures contained in the act. By Elma Kloppers...
20 Jun 2007

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