The bank lending rate dropped to an incredibly low 7%, as the economy was impacted by the Coronavirus. So far it has stayed at this all-time low.
Affordable Homes In South Africa
Property News and Updates
As you may already know, the bank lending rate recently dropped even further as the economy has become impacted by the Coronavirus . What does this mean for South Africans?
Our beautiful homes in the very popular, ever-growing Kuils River area are STILL AVAILABLE! Each home has luxury modern fittings, a garage, and an enclosed yard.
As average South Africans, we know that money is usually tight, and saving is hard. It’s often very difficult or even impossible, to save enough to put a deposit on a home.
Become a homeowner in a secure estate, perfect for families.
Don't hesitate - become a brand-new homeowner in Gaylee, a growing and popular part of the Cape metro!
It can be pretty tough to afford living expenses. And getting financing for a house is also difficult, so house prices are of paramount importance. Can you afford to buy in the Cape?
Do you want peaceful family living and beautiful views? Then Groehheuwel in Paarl is the right fit for you!
South Africans have a tradition of “Black Tax”, where people help to support family members who may be unemployed or retired. This shows care and respect for your parents and other family.
Thinking of moving to Kuils River? Now is the time to make the best decision of your life! Not only is it affordable, it's also a great area for families to live in, with cool activities not too far from home.
This is the opportunity that homebuyers and investors have been waiting for – we have beautiful, fully fitted luxury semi-detached duplexes for sale in our extremely popular Camelot area.
Exciting news for homebuyers and investors – homes in our extremely popular Kuils River development are now available for sale!
Khayelitsha means “new home” and was created during the apartheid era as a dormitory area for workers in the city and factories. Today, it’s the biggest township on the Cape Flats.
Situated conveniently on the Stellenbosch arterial road (M12) in Kuils River, this fantastic new development is taking shape FAST!
Note: this development is no longer available.
If you’re a single person who has decided to jump into the property market, but at the moment your salary doesn’t quite make the bank minimum for the house you have in mind, don’t worry – there is a way you still become a homeowner!
We know that the property market is the business of buying and selling land and real estate. South Africa has long been a country of political and economic upheaval, and the property market as well as other markets, is volatile (and controversial).
So what are the main trends in the property market for 2016-2017, and what do they mean for South African homebuyers?
If you’re a person in your early 20s, perhaps a recent graduate, or getting your career off the ground, just starting out on your life’s path - making a large purchase like a new house might be the last thing on your mind. You’re still young and want to have some fun and freedom from responsibility, without the hassle of getting a bond and being a homeowner.
If you’ve clicked on this article, chances are you’re trying to decide whether to buy a new home – maybe your first home. It’s a massive decision, as it’s probably be the biggest purchase you’ll ever make. Times are tough and you don’t want to do something that will jeopardise your lifestyle or your family’s wellbeing, right?
If you’re looking at homeowning versus renting a house, you might be asking yourself if it’s worthwhile to buy. South Africa is in a state of economic flux and most people battle to make ends meet. Renting seems like a better option for many of us as the month-by-month expenditure might be less - but don’t be put off from buying, as it has big advantages!
A wise man once said “Home is where the heart is.” True of course, but whether you’re a first-time prospective homebuyer, or someone on the move, you want to make sure your heart feels at home in the right place!
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