Cape Affluent Property Investment

13/07/2018

“If you always do things by the BOOK and always follow the RULES you will always be the one who suffers the most” But Why ????

It’s NOT fair that the BUYER of a property pays for everything including the cost which are supposed to be paid by the SELLER.

Let’s analyze it a bit.

The Buyer when purchasing a property pays for the following.

1- The Bond Attorney R17,000 Cash
2- The Transfer Attorney R18,000 Cash
3- The Property Agent hired by the Seller at 5% commission rate meaning for a property selling for R500K the commission will be R25,000 included on the bond price.

That means the buyer must pay R60,000. R35,000 Cash and R25,000 once the property is registered.

While the Seller pays only for the:

1- Electric Certificate
2- Plumbing Certificate.

And the cost of these two certificates are already included in the selling price as a profit margin.

This is NOT fair to the buyer !!!

The property buying system needs to be revised and corrected.

04/06/2018

On a R1m bond over 20 years at prime rate of 10%, you could save over R730k in interest by halving the term. Calculate your saving...

23/05/2018

That property project you always wished for. Those flats you always wanted to build. That plot you always wanted to buy. All that is NOT going anywhere, it’s waiting for you to just JUMP !!!!

13/05/2018

Let’s follow the law !!

18/02/2018

This is worth reading as a Property Investor

If you don’t have a background in finance, concepts like the repo rate and prime lending rate might seem a little mysterious at first. Most of us know that they have something to do with how much interest you pay on a loan in South Africa, but how these rates are set and how they affect things isn...

13/02/2018

Negotiate and know when to fix your interest rate, and here's what you'll save if you pay an extra R500 to R1 000 into your bond each month...

07/02/2018

Which one are you ? A Saver or Investor

05/02/2018

The POWER of knowing your Business inside out is very important.

Are you seeking capital? Karen Grant, Executive Director and Founder, Angel One Investor Network, provides key advice for startups preparing to approach pote...

02/02/2018

Rental Protection Awareness for Landlords !!

With tenants under pressure, landlords cannot afford to cut corners. Be savvy about where you buy, drawing up a contract and more to protect your investment.

28/01/2018

Give your Kids the best gift 🎁. Which is Financial Education, you must prepare them early to be financially independent and intelligent citizens.

23/01/2018

There is a growing demand for Student Accommodation in Cape Town.

Universities in the city of Cape Town are completely running out of space and cannot meet the growing demand of accommodation every year.

The best alternative used by these Universities or Students is to RENT premises from communities close to their University.

If you are a property investor, this is an opportunity knocking at the DOOR 🚪

Let it be you, Whose poster is attached below !!

South Point offers a multitude of different Student Accommodation Options. You are sure to find your perfect match in Cape Town.