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Source : www.bizcommunity.com Even through South Africa’s technical recession and the Western Cape drought, foreign tourism rose by 2.4% in 2017, building on a 12.8% increase in 2016, while domestic travel showed the greatest increase since 2014, rising 4.2% in 2017. “The odds have been against us, what with a constrained economy, a drought, tourism […]
Ever thought of building a home out of a container? Have a look at this one! ___________________________ A look inside a R400,000 South African container home Staff Writer 17 April 2018 – Business Tech “With the average house price in South Africa now having surpassed the R1 million mark, it has become increasingly difficult for […]
A bit on what’s happening with property in the UAE. _______________________________ Dubai’s realty a top attraction for foreign investments Transparency in its real estate regulations is rated a top factor Published: 17:31 March 11, 2018 Gulf News “Dubai is among the world’s top cities for foreign investments in real estate, according to a new update […]
Airport’s – a new investment opportunity? ________________________________ The rise of SA’s aerotropolis property market 24 Apr 2018 Property24 “Airports are increasingly becoming magnetic centres of economic and industrial activity, giving rise to what has been termed “aerotropolis” – a new form of airport-centric commercial development – which is essentially transforming airports in major cities into […]
We all want to see the South African property market growing and flourishing. Follow the links to the original articles. ________________________________________________ SAPOA, Property Sector Charter Council to continue partnership on transformation – BizCommunity “The South African Property Owners Association (SAPOA) will continue to fund the Property Sector Charter Council (PSCC) to the tune of around […]
Hotel Valuations – If you are thinking of having your hotel valued it might be helpful to have a look at the following articles regarding what makes a hotel successful – a successful hotel is going to have a greater value! A successful hotel requires excellent people, product and performance. By Liz Beneski ~ CEO […]
Some interesting articles below on how we are and how we should be valuing educational institutions. _____________________________ How do we value universities? The Conversation – Article source, follow the link for the full article We have become accustomed to hearing the benefits of higher education measured in economic terms. But is this the only way […]
Wildlife estates are becoming more and more popular in South Africa, especially with foreign buyers. Here are some of the top wildlife estates in South Africa, ranked in alphabetical order. Article Source – Property24 – Author: Andrew Amoils Gondwana Private Residences Gondwana is located just outside Mossel Bay and encompasses 12 000 hectares of bushveld. Gondwana is […]
An excerpt taken from ADR The Rule of Thumb – validity and Suggestions for it’s Application By John W. O’Neill For the full article please follow the link – http://www.personal.psu.edu/jwo3/Hotel%20Average%20Daily%20Rate%20(ADR)%20Rule-of-Thumb%20Article.pdf Rules of thumb have been used in real-estate appraisal, general real estate, and general business for many years. More accurate and up-todate value indexes are […]
Limpopo cleanup welcomed by South Africa’s property sector Radical changes in the Limpopo Provincial Government by Cabinet’s recent announcement of new administration for five departments has been welcomed by the South African Property Owners Association (SAPOA). The national cabinet ordered that five provincial government departments including, education, treasury, public works, health and roads and transport […]
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