Suburbs and smaller towns, once overlooked by those tethered to urban offices, are now experiencing a surge in popularity as more people are able to prioritise lifestyle factors such as space, safety, and access to nature.
As a tangible asset, property has long been regarded as a reliable way to build wealth and diversify financial portfolios, however, like any investment, it comes with its own set of risks that, if not managed effectively, can lead to financial losses and setbacks.
For most of us, the dream is to own our own home, and considering property has long been regarded as a good investment on the basis that it’s a tangible asset that generally appreciates over time, it makes good financial sense but there are factors to take into consideration before taking the plunge.
If you’re looking to purchase a home in a sought-after suburb or estate, securing the property you’ve set your sights on can be challenging and, in order to increase your chances of success, you need to make your offer stand out from the crowd.
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.