Rentals are on the increase when it comes to residential and commercial property options, particularly in the current economic climate in South Africa and around the world. With interest rate hikes becoming a regular fixture on the Reserve Bank’s agenda, consumers have been forced to tighten their belts and curb spending. Far less people are able to afford new homes and are forced to rent rather than buy, with buy-to-let investments on the increase as a result.
The stock of rental property advertised on the SAHometraders site ranges from high end villas to relatively low end flats and apartments, which are available furnished or unfurnished depending on the lease specifications. Rentals are generally a stepping-stone in the market as first time homeowners prepare to move up the property ladder. The various types of rental property advertised on the site include:
- Houses
- Sectional title or freehold units
- Security complexes
- Retirement homes
- Golf, wine or equestrian estates
- Cluster homes
- Townhouses
- Apartments and flats
When you are looking to rent property in a specific area, it always helps to find out information relating to a number of important factors. These include the weather and climate, the local infrastructure, such as schools, medical facilities, entertainment and shopping centres in the vicinity, as well as sports, recreation and leisure facilities nearby. You should also seek out professional advice in terms of trends in rental prices, as well as what security measures may be necessary.
If you are looking to put your property up for rent, real estate agents advertising on the SA Hometraders site would be more than happy to assist you in managing the property on your behalf. Services on rentals include finding the right tenant, negotiating the lease agreement, collecting the monthly rental, monitoring the property and ensuring that it is well maintained. SAHometraders specializes in the provision of a property portal, marketing rentals online.
Find rental property in the following provinces:
Western Cape
Eastern Cape
Northern Cape
Kwazulu Natal
Gauteng
Mpumalanga
Free State
North West
Limpopo |
