It is always wise to be clear about what kind of investment you need or what the property will be used for. Will it be a holiday destination or purely an investment property?
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Property maintenance is good investment practice as it enhances the attractiveness of the property and increases interest when the property goes on sale.
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This is a serious dilemma facing lending institutions, as the implications could be far reaching if credit amnesty is approved by Cabinet as proposed by the Department of Trade and Industry (DTI) and the National Credit Regulator (NCR).
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You decided to purchase a second property as an investment, and the cash to purchase the property is readily available.
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With interest rates low, the affordability of property has improved. Within the current climate both selling and buying is acceptable.
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There are both positive and negative aspects of owning and renting holiday accommodation. It is a matter of preference and financial feasibility.
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Pretoria east is fast becoming a shoppers- and investors haven. With the advent of the major development being undertaken with Nedbank as funding partners for this monumental project, the east of Pretoria could experience an upsurge in property value.
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When deciding to invest in a buy-to-let property, there are some aspects you need to consider:
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What is it that makes coastal property so attractive? Is it the lifestyle, pace of living, living expenses or just the idea that you can take a walk on the beach whenever you want to?
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Investing in a Retirement property, in my view, makes sound financial sense. When you retire you do not have the convenience of an annual increase in salary. The cost of living is guaranteed to increase and a safe way to counter this inflation is by investing in retirement property.
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