Changing a property's purpose, especially through rezoning, can be an exciting prospect for developers. It unlocks a world of possibilities, but the journey can be long and fraught with waiting games. First, there's the often-difficult process of securing rezoning approval from the municipality. Then, even after that hurdle is cleared, the wait for building plan...
Have you ever dreamt of owning a brand new home, complete with modern finishes and the latest amenities? In South Africa, buying property "off-plan" is a popular way to achieve this dream. This approach involves purchasing a property that is still under development, based on architectural plans and visualizations. While it offers exciting possibilities, it also comes with unique...
Do you have a dream of becoming a property developer? Then understanding the subdivision process can unlock your property development goals. This article aims to give you a detailed guide on the subdivision process and how it helps you in your property development journey. Topics covered include the subdivision process, the significance of Regulation 38, considerations of timing, associated costs,...
Tax In Property: Property Traders vs. Investors in South Africa The South African property market is a dynamic and often lucrative landscape, but for the uninitiated, it can also be a confusing one. One of the most fundamental decisions an aspiring player needs to make is: are you a property trader vs property investor? This seemingly simple question has wide-ranging implications, shaping everything from...
Introduction: Unlocking Property Investment – A Closer Look at The Cap Rate Embarking on the journey of property investment can feel like navigating through a maze of numbers and terms. One such important number is the Capitalization Rate, or Cap Rate. It’s like a guide that helps investors figure out the value of a property and make smart choices. In this article, we're...
A Land Availability Agreement is a legal agreement that allows individuals, communities, or organizations to access and use land for various purposes. This agreement is particularly relevant in South Africa, where land reform has been a contentious issue since the apartheid era. Land Availability Agreements provide a means for individuals, developers and communities to acquire land for their use, and it...
