Now is a good time to invest in a property to rent

Demand for properties to rent is at an all-time high, according to Glenda Taylor, Director of Greeff Rentals. “It’s an excellent time to invest in a property to rent, as you are unlikely to struggle to find a tenant,” adds Taylor.

“Now is the optimal season to buy a property to rent out to the student market,” says Mike Greeff, CEO of Greeff Properties, an exclusive Affiliate of Christie’s International Real Estate.  “From September onwards, parents start seeking  to secure accommodation for 2013 for their varsity going children, so apartments and small houses close to UCT in Rondebosch, Mowbray and Rosebank are excellent investment options and unlikely to depreciate in value as the demand is constant and growing ,” says Greeff. “Claremont properties, close to the Jammie Shuttle are particularly sought after too, and those with excellent security are usually snapped up first,” adds Greeff, whose top choices include the brand new Herschel, where a two- bedroom apartment is currently fetching R10 000 per month and Intaba, where a one- bedroom apartment fetches R6 500 per month and a 2 bedroom apartment, R9 500.

“We have families with school-going children on waiting lists to find homes in the Southern Suburbs, so buying a house near a school is an excellent move,”  says Glenda Taylor, adding that  rentals for  basic houses in Claremont, Rondebosch,  Newlands and Kenilworth,  offering two bedrooms and up range from R8 000 to R20 000.

Buying to rent in Kirstenhof, Tokai, Bergvliet, Plumstead and Wynberg is an equally good bet according to Greeff. “Obviously rentals vary widely depending on area, accommodation and security offered and the condition of the home, particularly the kitchen and bathrooms, but a comparative analysis of rentals being achieved in the vicinity of your property is vital if you’re planning to buy as an investment. Your estate agent should be able to help you with this information,” says Greeff.

Greeff is currently managing over 400 rental properties in the Southern Suburbs. Examples of rentals being achieved by Greeff Rentals division include: A two bed cottage in Kirstenhof for  R5 500 per month, a three-bedroom home with pool in Diep River for R9 000, a one -bedroom apartment in Wynberg Chelsea for  R9 000, a two- bedroomed  garden flat in Rondebosch for R6 200, a three-bedroom house with a pool and tennis court in Constantia for R25 000, a three- bedroomed home with pool  and small garden on Steenberg golf estate for R35 000 per month and a four- bedroomed, furnished home in Bishopscourt  for R65 000 per month.

Original Source:  Greeff Properties

Reasons to Love Camps Bay

The luxurious Camps Bay is a popular place for holidaymakers and Cape Town locals alike; it’s the dream to have either a permanent home in Camps

Bay or a luxury second home, purely for holidays. It offers some of the best Cape Town self catering accommodation available in the entire area; it is sought after by millions and owned by a handful. It’s no surprise therefore, that there are many reasons to absolutely love Camps Bay.

It’s a Beautiful Beach

There are few places in the world this beautiful; this pearly white beach is world famous and offers anyone amazingly lazy days where a comfortable beach chair and a perfect view is what you have to look forward too. The beach is busiest during the hot summer months from December to March. When lazing around on the beach why not rent a beach chair and buy a “lolly to make you jolly” from one of the numerous ice cream boys walking the beach; Camps Bay offers day after day of beach fun.

Nothing Blocking Your View

Camps Bay has no big malls and no other big buildings whatsoever; this means that the wonderful views of the mountains and the gorgeous sea are

unobstructed and you can feel that holiday-feeling all day long. The community takes great care to keep Camps Bay exactly the way it is, with no high buildings or skyscrapers.

Centrally Situated

It can’t simply just be explained exactly how perfectly Camps Bay is situated; while on the one hand you are in a dream world of beach bliss and adventure, on the other hand you are only five minutes away from the City of Cape Town and all its amenities. This is one of the most famous cities in the world and there are loads of attractions and activities to choose from. The wonderful V&A Waterfront is also close by where you can shop until you drop and enjoy some fine South African dining.

Table Mountain

Need we say more? The one-of-a-kind mountain is Cape Town’s pride and joy and can be seen from everywhere in town and from Camps Bay and Clifton. It is a constant reminder of how beautiful Cape Town is and of how special this place, full of possibilities and pride, is.

There are, of course, many other reasons to love Camps Bay and for those who call it home, they’ll simply tell you, you need no reason to love Camps Bay anyway. Next time you find yourself wondering which luxury Cape Town accommodation to use on your trip why not opt for Camps Bay?

Original Source: Holiday Bug / South Africa - A Lifestyle