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Cape Town’s property rental market is going through a major shake-up as new apartment blocks come on stream to provide longer-term tenants with a plethora of choice. The rental market began softening as early as the first quarter of last year in many popular suburbs, including

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Cape Town property owners who ignore a 30-day compliance notice to stop holiday/transient guest letting without approval of city authorities as required under the Municipal Planning By-law 2015 could be found guilty in the municipal court of a criminal offence, says Councillor Brett Herron, Mayoral

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Despite its phenomenal success in South Africa, Airbnb hosts could be inadvertently falling foul of their insurance policies. This is according to Louis Hay, head of Short-Term Insurance Propositions at Standard Bank Insurance Limited, who says many people don’t realise their standard residential, or ‘Personal Lines’, insurance policies typically

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The Airbnb circus flew into South Africa a few days ago, dazzled city fathers and thousands of homeowners in Johannesburg and Cape Town with awe-inspiring figures reflecting serious growth in tourist home stays and in home hosting profits. The company’s Chris Lehane, Airbnb’s global head of

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Holiday letting in apartment blocks is not permitted in Cape Town in terms of the city’s Municipal Planning By-law (MPBL) together with its policies and frameworks, says Councillor Brett Herron, Mayoral Committee Member: Transport and Urban Development. Responding to questions from HomeTimes regarding the growing proliferation

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Q Hi, do the same regulations apply to short-term/Airbnb letting as to long-term leases? Does short-term require specialised regulations? - Pamela A Hi Pamela, it should be kept in mind that there is a marked difference between long- and short-term letting, especially in respect of units that are

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Many people own property in sectional title schemes for investment purposes, and they let out their units to tenants for rental income. With accommodation reservation websites such as Booking.com and Airbnb.com, it has never been easier to find short-term tenants. In schemes that are located in holiday destination

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