The global Covid-19 pandemic has sent many markets into a tailspin, and now more than ever people are looking for a safe means of protecting and growing their wealth. Property is and has remained a stable investment class in South Africa; and coupled with our unbelievably low interest rate, at 7%, many people are opting to invest in property instead. Currently, if one had to compare the value yields on a property located in a key growth area versus leaving the money in a bank, the value growth of the property outstrips any interest accrued on money sitting in the bank. There has not been a better time to invest in property, as long as it offers real potential for growth by being located in a highly desirable location.
– Charles Thompson, Director