According to a poll by SA's largest online search property portal, the 2010 World Cup won't boost the country's sagging property prices but that sexy Cape Town pads are likely to get the biggest fillip from the global event.
Propertygenie.co.za has entered into a partnership with fractionalownership.co.za to provide access to the latest fractional ownership listings which will be available from the 12 December, 2008.
propertygenie.co.za, South Africa's largest property listings website that showcases over 174 000 properties nationwide, has partnered with The Sunday Times and The Times website to provide property listings content for TheTimes.co.za.
Depending on your outlook and your current financial situation, these are either challenging times in the property market, or the start of a period of great opportunity says Johan Strydom, Managing Executive of propertygenie.co.za
Overpowering doggy smells are the biggest turn off for prospective buyers viewing a home according to an online poll by propertygenie.co.za, South Africa's largest property listings website that showcases over 155 000 properties nationwide.
Saul Geffen, Chief Executive of ooba (formerly MortgageSA), says that while there are fears in the property market from higher interest rates and a slowdown in price growth, buyers should recognise that these conditions are a actually positive for those wanting to get on the property ladder and those looking to upsize.
Buying off-plan is an affordable and convenient option for people hoping to buy property but find themselves priced out of the market because of soaring interest rates and high property prices.
Being environmentally conscious doesn't mean that you have to live in a mud hut," says Saul Geffen, Chief Executive of MortgageSA, South Africa's leading bond originator. "South African homeowners can have green homes without sacrificing their living standards."
Online house hunters spent most of their time looking at Cape Town property in 2007 with Cape Town's CBD coming first in the most popular search stakes, while 7 out of 10 of the most viewed suburbs were all in the Western Cape.
Residential property is the asset most South Africans would buy in if they had R1m rand to invest according to a recent poll by propertygenie.co.za.
Saul Geffen, Managing Director of MortgageSA says, "We remain optimistic about prices for 2006 although we do anticipate a cooler market. We therefore expect prices to appreciate by between 10 and 15% in 2006."