2018 Property Investment under the Microscope.

Harcourts Pic

Ida du Plooy -Harcourts Dolphin Coast

 

2018 has certainly started with a ‘BANG’ in South Africa and the property market has reacted in a dramatic way. Our former president’s resignation has propelled investor confidence back into positive territory with the Rand gaining a lot of ground in the latter half of February.

Richard Grey, CEO of Harcourts South Africa assured local as well as international investors, that:

There is no doubt that the political climate in South Africa and Government related activities have influenced our economy. Local investors as well as foreign investors, both buyers and sellers, have been gun shy in certain markets and at times apprehensive to invest, especially in the residential rental market. There is a good chance we’ll see increased activity in flat markets and a renewed interest from buyers and sellers alike. It is important to note though that there are still many political and fiscal challenges and by no means are we immediately saved by the new political regime. However, there is the optimism of a renewed commitment to growth and stability that South Africans so desperately need.”

Should I invest in Property today?

The best time to buy a home is always 5 years ago” – Ray Brown. With the general sentiment of “wait and see” following the broad political statements of land appropriation without compensation, uncertainty has gripped the South African property market. However in reality radical political statements rarely play out in real life the way it was said.

Baron Rothschild, an 18th century British nobleman and member of the Rothschild banking family, is credited with saying that “the time to buy is when there’s fear in the market .” He should know. Rothschild made a fortune buying in the panic that followed the Battle of Waterloo against Napoleon.

WHY PROPERTY IS A SAFE INVESTMENT.

                P – People are always on the move because their circumstances always change.

R- Realistic expectations from buyers and sellers in all market conditions are a pre-   requisite.

O- Opportunity will always present itself for good investments in property. Now is such a time!

P- Place. The famous 3 P’s will always be your best guide when investing in property: Position, position and position.

E- Experience. Don’t hesitate to call on the assistance of an experienced agent. They daily help buyers and sellers in the course of their business and have local experience to benefit you

R- Reality. The expression” Safe as houses” has been proven over and over throughout generations. Everybody wants a place to call a home of his own.

T- Tax and death are the two things no one can avoid, but owning your own property is a save tax-haven for investors.

                Y- You.  Property is so much more than just an investment. It is the anchor for your family and the foundation for your future.

 

Call on the property professionals of Harcourts Dolphin Coast, today. We have the experience, local knowledge and professional skills to help you find the best property investment in Beautiful Ballito. Call us: 032 946 2331 e-mail: dolphincoast@harcourts.co.za and Like us on Facebook.

Property is our business, but People our passion.

 

 

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