Buying property in Mauritius

Buying property in Mauritius. South Africans are increasingly dominating the property market in Mauritius with their buying power, contributing to growth in the construction and real estate sector. This is according to Diane Watkins, executive director of Barnes International Realty in Mauritius. Whether you want to sell your residential property or buy a new real …

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Soweto Workshop South Africa Property Network

Soweto Workshop working with South Africa Property Network – SAPIN When: 4 October 2018Time: 18h00 registration for 18h30 start until 22h00Where: Soweto Theatre – Cnr Bolani Link and Bolani Rd, Jabulani, Soweto, 1868Topic: How technology will make it easier to transact Whether you want to sell your residential property or buy a new real estate …

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Why global buyers like the Cape

Why global buyers like the Cape. The success of the Cape Town property market is built on a number of pillars such as good governance, the fabulous location, tourism and attractions and the excellent schools and universities. Western Cape and Cape Town schools in particular frequently rank among the best performing when it comes to …

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Boost for first-time home buyers

Boost for first-time home buyers. With the rand regaining some ground and inflation surprising on the downside this week, existing and aspirant home buyers will be relieved at the Monetary Policy Committee’s decision ON 20 September 2018 not to increase the repo rate, says Dr Andrew Golding, chief executive of the Pam Golding Property group. …

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Buying property through a legal entity

Buying property through a legal entity. Individuals often purchase immovable property in their personal capacity or in the name of a trust. It is however possible to purchase immovable property in the name of a legal entity, such as a closed corporation or a private company, as well. Whether you want to sell your residential …

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Recession may be good for property buyers

Recession may be good for property buyers. Last week’s announcement that the economy has slipped into a recession does not bode well for the local property sector, according to Adrian Goslett, regional director and CEO of RE/MAX of Southern Africa. Stats SA reported on Tuesday last week that the country was in a technical recession …

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Property expenses not allowed

Property Expenses not allowed. According to Alvin van Staden, a director at The Consulting Services Hub, maintenance and repairs should be noted as specific costs, and these should not be confused with improvement costs. The latter is a capital expense that would be included in the base cost of the property, to effectively reduce the …

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Rental income Tax Deductions

Rental income Tax Deductions. This article first appeared in the 2nd quarter 2018 edition of Personal Finance magazine. All income from property investments, including rental income, must be declared to the South African Revenue Service (SARS) and is subject to income tax. In preparation for tax season, you can begin gathering all the supporting documents …

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What is Property Value investing?

What is value investing? It is an investment style that places an emphasis on Stocks and REITs with lower-than-average price to book ratios and higher dividend yields. Investopedia defines Value Investing as an investment strategy where stocks are selected that trade for less than their intrinsic values, so they actively seek stocks they believe the …

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Receiving a fine from your complex

Receiving a fine from your complex or housing estate. Home Owners Associations (HOAs) often implement a number of rules in an attempt to regulate everything from speed limits to noise levels. This means that it may not come as a surprise to find a white envelope in your postbox with the signature of your Body …

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