Real Estate Investor Magazine South Africa Dec/Jan 2016/17 | Page 12

MASTER INVESTOR In 2016, Patrice Motsepe’s African Rainbow Capital bought a 20% stake in the estate marking a signif icant milestone in the estate’s history. Val de Vie also recently acquired Pearl Valley Golf Estate, and thus the super estate now comprises approximately 1 000 hectares and 2 500 housing opportunities, of which 70% have already been sold. It additionally includes two hotels and a retirement village. In August 2016, New World Wealth announced Val de Vie as South Africa’s top residential lifestyle estate. New World Wealth – a global wealth intelligence and market research company – rates estates on the quality and design of houses, facilities on the estate, activities, security, space, views and resale and growth potential. Ryk says the Val de Vie team is honoured to be recognised as the leading residential estate in South Africa. Ryk ’s business philosophy and objective with Val de Vie is to partner with like-minded companies and investors; develop conservatively and try to assemble the strongest possible team. The Western Cape is becoming increasingly attractive to upcountry buyers. As part of a recent marketing campaign that involved the 60 buyers of the newly developed Polo Village suites, Val de Vie gave away a Ferrari worth R 4 million in a lucky draw. Ryk has had good and bad experiences in investing and believes in keeping his approach hands-on. He shares, “I’ve learned the hard way that it is very unlikely to have a successful investment if you are not actively involved in making it a success.” Ryk believes that “estates are here to stay and already account for a major share of property values in South Africa. Properties in estates generally outperform non-estate properties. I think estates will try to focus more on branding and doing partnerships with strong lifestyle brands or personalities going forward.” While Ryk has seen success in many areas of his life – including having developed his own wine under the Val de Vie label, it is safely said that Ryk ’s passion is now deeply rooted in the property industry. “Investing in my business, Val de Vie, has produced the most signif icant – and rewarding – returns for me,” he concludes. RYK’S PROPERTY INVESTMENT PRINCIPLES 1. Do your research and run the numbers (just because someone else has invested in the same scheme, it doesn’t mean it has passed the numbers) 2. Prepare for the bad times – be conservative 3. Think long term – property investment is not a quick game and you will only see a return on investment a few years down the line 4. Have some cash ready to buy distressed properties in a down market 5. Location! – ensure you do research on the neighbourhood you are looking at investing in Dont’t miss interview with RYK NEETHLING on REIMTV Visit REIM TV for more in depth real estate investment insights 10 DEC/JAN 2017 SA Real Estate Investor www.reimag.co.za