Real Estate Investor Magazine South Africa August 2018 | Page 21

RESIDENTIAL 22 Learn more about the current trend in corporate accommodation and the rebirth of the serviced apartment. 26 Buying a home can be an arduous task. In this issue we share the top 10 things every home buyer should know to set them up for success. AMELIA DIEPERINK Absa’s head of affordable housing SA’s residential sector has held its own, coming in slightly lower than The Netherlands and Germany but well ahead of 10 other countries included in MSCI’s coverage. BRUCE SWAIN MD of Leapfrog Property Group The question around whether to pay up your first bond before applying for a second needs to be considered from the tax perspective as it becomes un- likely to claim your interest deductions against rental income. KARIEN HUNTER Licence partner, Engel & Völkers KZN Dolphin Coast If you are planning to be abroad when purchasing or selling a property, it will be advisable that a Power of Attorney is signed prior to your departure from South Africa.