Cape Town residents Property Rates

The Cape Town city council has received thousands of objections to municipal property rates valuation increases of more than a third on average – but in some cases as high as 100%. There is also expectations that more objections will flow in faster as the end of month deadline for property rates objections approaches. It …

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Turnaround in commercial properties

South Africa’s commercial property market made a “significant turnaround” in terms of investment activity last year by increasing 63.4 percent to R19 billion, according to the JLL Sub-Saharan Africa 2018 Investment review released yesterday. “Investment activity recovered notably year-on-year. This is partly attributed to a marked improvement in investor confidence on the back of Cyril …

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Property Prices and Lifestyle in Blouberg Cape Town

Blouberg in Cape Town Flying into Cape Town International Airport, looking out towards Robben Island you will see a massive area of urban activity. What you are looking at is Blouberg or to be exact a tightly knit group of suburbs slowly margining into a single mini-metropolis. The suburbs At the heart of the Blouberg …

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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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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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Seek legal advice first! Property suretyship

Seek legal advice first! Property suretyship Signing surety for another’s debts carries huge risk. Yet every day directors of property holding companies happily sign personal suretyships for their company’s, usually substantial, debts. Whether you want to sell your residential property or buy a new real estate investment, a house or an apartment, your Property Angel …

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