Live Easy, an innovative residential property business, has developed a solution to the dire shortage of rental accommodation available to those able to pay between R2,000 and R3,000 a month. Often urbanites earning entry- to mid-level salaries are forced to live in unsavoury and overcrowded conditions
Q Hi, kindly advise how the CSOS levies need to be calculated if the following scenario takes place: The body corporate charges normal levies of R1,500 per month per unit, as well as garage levies of R500 per month. Do you calculate the CSOS levies on the
Q Good day, there is confusion in my retirement home as to whether residents who pay rent also have to pay the CSOS levy? - Barbara A Hi Barbara, the complex will charge the owner directly. It is, however, up to the owner as to whether he chooses
The Garden Route and Eastern Cape region performed better than expected last year, said Tony Ketcher, regional manager for the Seeff property group’s operations across the region, saying that Seeff’s branches recorded some of the best activity in more than five years. Lightstone data for the
In recent years more and more South Africans have embraced the concept of hive living, with multi-generational households becoming a familiar concept in many suburbs. This trend is driven to a large extent, by the fact that higher living costs, coupled with rising property prices have
In January, 12.3% of properties sold for a loss – and 76% of these homes (9.4%) were sold for 5% less than their original purchase price. This is according to John Loos, FNB’s household and property sector strategist, who said according to deeds data property transfers
Demand for sectional title apartments in key nodes throughout northern Johannesburg has continued to gain momentum in the first month of 2017, said Chris Renecle, MD of Renprop. Renecle noted that this demand is predominantly seen in the middle market for properties priced between R1m and
“John, did you see the email from the managing agent?” “No, what email?” “Basically, the body corporate has to raise a special levy. Something like R13,000.” “Gosh, why?” “Someone hasn’t been paying their levies.” “Thirteen thousand rands’ worth?” “Yes. So for the next 10 months my levy is going up by
After just fourteen weeks on the market the historic Cape Villa built by the well-known De Villiers family in 1860, sold for R22m. Marketed and sold by Ann Broderick of RE/MAX Elite, the home has had several owners since it was built in the Victorian era,
House robbery is the most feared crime by South Africans, according to last month’s StatsSA Victims of Crime survey. In the report, almost 60% of South Africans perceived it to be the most common while both burglary and house robbery are two of the most