“We have seen that as an alternative to emigration, there has been an influx into Cape Town from other provinces, and these would-be buyers often rent first while they acclimatise to the city before deciding where to buy,” says Seeff. With the election over, it is expected that bo...
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The Western Cape, whose economy may be starting to benefit more noticeably from years of relatively sound regional management and superior attraction and retention of skilled labour, could be the outperforming regional property market in 2023.
“The demand is largely driven by the value of the rand and the global energy crisis. The Western Cape remains the most sought-after region for international investors in the luxury property realm.” 3. Would-be homebuyers opt to rent ...
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this month asserted a power to prohibit — through the end of 2020, but actually for as long as the CDC deems “necessary” — the eviction of private tenants from privately owned residences because of unpaid rent. This, even though eviction levels have been below normal during the lockdown...
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Many management companies also look to rent the student properties out throughout the vacant summer period, however this revenue should be considered an additional bonus rather than expected. In Scotland, the rules are different, as all tenancies are considered Private Residential Tenancies. This ...