JUST PROPERTY rental market , coupled with the ongoing financial constraints experienced by others , continued to put downward pressure on rental prices into the first quarter of 2021 ”.
" Technology is delivering property-investment opportunities through property platforms that facilitate real estate investment anywhere in the world ."
Further , TPN reports that fewer than 75 % of tenants are in good standing . Some landlords are under pressure to maintain their properties , as well as pay taxes , insurance , and their mortgage . Keep an eye on rental listings that stay on the market - you may find someone willing to offload their property .
Rethinking Suburban Life Lockdown taught us that many of us can work from home , and workplaces need to offer softer factors , such as wellbeing , culture and leisure to compete with the work-from-home lifestyle . Mixed-use developments offer the modern worker all that , and will become increasingly sought after and valuable , especially in sprawling cities like Johannesburg and Cape Town where commuting can be time-consuming and difficult . Those that are also close to transport nodes are likely to offer exceptional return on investment .
There has not been a better opportunity in many years to enter the investment-property market or to increase one ’ s holdings . Do your own research and speak to highly regarded agents in the areas where you decide to focus . This is the best way to assess local value and demand .
For details on the developments mentioned , email : developments @ just . property
MORE ABOUT PAUL STEVENS
COMPANY : Just Property Group Holding ( Pty ) Ltd
YEARS COMPANY HAS OPERATED : 21
EDUCATION : BA ( Psychology ) degree and is a certified Master Practitioner in Real Estate
BOOKS YOU ARE CURRENTLY READING : 7 Habits of Highly Effective People
WHO DO YOU CONSIDER TO BE YOUR MOST IMPORTANT MENTORS / ROLE MODELS ? Richard Branson
WHAT IS YOUR LIFE MOTTO ? Enjoy life , you only get one shot at it !
WHAT WOULD YOU STILL LIKE TO ACHIEVE ? Build South Africa ' s top Real Estate Brand
SA Real Estate Investor Magazine JULY 2021 9