Real Estate Investor Magazine South Africa Real Estate Investor Magazine - March 2017 | Page 17

RESIDENTIAL

Here Comes the Sun

The Growth of Residential Solar Energy

SAMUEL SEEFF
CHAIRMAN , SEEFF PROPERTIES “ The effect of a poor economy is a weakened property market with slow volumes and stalling prices . A good property market needs a good economy . People need a reason to invest , we should be encouraging that , not scare them away with populist policies and higher taxes .”
MIKE GREEF
CEO “ There ’ s a drive to get a foot in the door with regards to Cape real estate , particularly with the steady flow of people from other provinces migrating to the Cape . The highest growth sectors will continue to be security estates , sectional title apartments and family homes near leading schools , however , land is in short supply in the Cape , given the natural boundaries of mountain and sea , so even properties further and further from central areas are starting to grow in value . “
ADRIAN GOSLETT
CEO RE / MAX SA “ Before purchasing a home it is in the buyer ’ s best interest to check the title deed to see whether there are any restrictive conditions that exist on the property , especially if they plan on building on or changing the property in any way . The aim of restrictive conditions in a title deed is to create a property or neighbourhood with specific characteristics that appeal to a certain demographic of resident .”
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