Buy2LetNow offers you hassle-free property investment opportunities in Gauteng, South Africa, with up to 17% returns on your investment
Things to consider when investing in property
Yes, we all know that location, location, location is key to good property investment, but there are a few other factors to also consider when investing in property.
Let’s just consider location first. Ideally you want to buy and investment property in an up-and-coming area that is busy becoming more sought after. Buying into an emerging area means you buy at cheaper prices, but as the area’s popularity increases the value of your investment also increases exponentially resulting in greater returns. The higher demand for housing in such areas also ensures that it is easier to tenant your investment property and keep it tenanted. The last thing you want as a property investor is for your unit to lie vacant. Which brings us to the next point: hassle-free property investment.
A property investment is only a viable investment option if it is easy to manage. You can manage your property yourself, but that can become a time-consuming exercise. Making use of a reliable property management service at a minimal fee, takes away all the headaches of finding and replacing tenants, doing maintenance, admin and phone calls, collecting rent and conducting in- and out-inspections.
Another little-known fact in property investment is that buying a newly built property directly from a developer makes for an even better investment than simply buying any pre-owned property. The reason being that when you buy directly from a developer there are no transfer duties, attorney fees or agent commissions payable, so you as investor save tens of thousands of Rands when buying the property, again increasing your returns.
Lastly it is all about timing. Warren Buffet said the following about investment: “Be fearful when others are greedy and greedy when others are fearful.” Currently we are very much experiencing a buyer’s market. Due to the uncertain economic climate there is an oversupply of properties in the market placing the buyer in a perfect position to negotiate the best deals possible. Now is the time to buy! When the market improves, so will your investment. Another timing factor to consider is when buying directly from a property developer, to buy as soon as possible to the launch of a new development capitalising on special launch prices. Even though a newly built development will always offer the advantage of all costs included, buying early on makes it an even more lucrative investment.
Why buy an investment property from Buy2LetNow?
We’ve done all the hard work for you, because property is our business and has been for more than 27 years. The Buy2LetNow brand is backed by Central Developments which is the largest residential property developer in Gauteng.
We’ve already done all the homework with regards to the best locations. We ensure that all our developments are located close to economic hubs with easy access to major highways and transport routes. They are also located close to places of work, schools, shops, hospitals, churches, sport facilities, public transport and other amenities ensuring that there is a high demand for housing in the area. In most cases the developments are in emerging areas further ensuring good growth.
As an additional service we also offer our investors fully tenanted investment properties and we have a long-established relationship with CSi Rentals who can manage your property for you to ensure a steady rental income and a hassle-free investment. Furthermore we offer rental assistance to our investors in the form of special promotions which could be anything from free levies to free management options. Conditions apply.
Contact us today if you are looking for a hassle-free property investment with a well-established, reputable developer offering above-average returns on investment. We’re eagerly waiting to hear from you and to embark on your property investment journey with you.