NG Edition 06&07/2017 by Engel & Völkers SA

NATIONAL GUIDE TO REAL ESTATE PROPERTY NEWS & INFORMATION

Free Copy Edition 06/07

‘17

published by

Cover Feature Gauteng · Bryanston SA: Foreign Investor’s Destination of Choice Layer Your Living Room with Warmth E&V Kalk Bay Under New Management

ISSUE 104

w w w. n a t i o n a l g u i d e t o r e a l e s t a t e . c o . z a

CORPORATE NEWS Engel & Völkers Kalk Bay under new management “We are very excited about the new challenge we have taken on and I am also fortunate enough to have Belinda Sloan & Frances Charles joining me in sales to dominate our areas. Rose Field our wonderful team assistant and office mother who holds down the fort will also be a valuable asset to our new team. The brand is part of me, and it attracts the calibre of buyers and sellers, both nationally and internationally, who appreciate what the Southern Peninsula has to offer. We are set to start embracing all the aspects that the brand provides, especially the advanced marketing systems which has been a true eye-opener” Jackie shared.

Engel & Völkers embraces change as they welcome their newest Licence Partner to the Engel & Völkers network with the signing of the new Kalk Bay and surrounds. Jackie & Anton de Waal are the proud new owners of the licence territory, although they are old faces in the area. Jackie has been in the real estate industry for more than 10 years and joined the brand in 2007, during which she has firmly grown her footprint in both the brand and area. She is known for her exceptional customer service and numerous accolades which include top achiever status, platinum status and nominations for 6 categories at the National Awards Ceremony in March 2017. She banked the Agent of the Year for both the Western Cape as well as nationally for the past 2 years in a row, as well as the most units sold for 2016. Jackie has dominated her area over the last number of years and is a property specialist when it comes to Kalk Bay and its surrounds.

EVENT ZONE

“We know that she will grow even further, and bring the E&V brand to new heights in the Kalk Bay and surrounding areas” noted Craig Hutchison, CEO of Engel & Völkers Southern Africa.

Their Licence area averages over a R1 billion in registered sales over a 12 month period and i n c l u d e s t h e s u bu r b s o f : Lakeside, Klein Wassenaar, Zandvlei, Muizenberg, Marina da Gama, San marina, Capricorn, Costa da Gama, Kalk bay and St James. The management change of the Engel & Völkers franchise is being implemented with immediate effect and will create Anton & Jackie de Waal, great prospects for the new sales Licence Partners of Engel & Völkers Kalk Bay. team, which is currently undergoing rapid expansion. “We wish Jackie and her team the best of luck and know that we will see nothing but great success from her and her team going ahead” Craig concluded.

The details of the new team below: Jackie de Waal 084 581 0404 | Anton de Waal 084 700 5415 Belinda Sloan 082 828 4746 Frances Charles 079 498 0069 | Rose Field 072 754 1839

New wheels for Xolani

ngel & Völkers Hyde Park recently shifted its focus from dream homes to granting a little boy's dream. Chwayita Hoyi, Property Sales Advisor and event organiser said “Engel & Völkers understands that to build a sustainable and thriving business it is imperative to work alongside the community in which you operate. We are cognisant of the needs of society around us and feel it is our duty and responsibility to give back and in our small way impact and improve the lives of the most vulnerable amongst us”. An opportunity presented itself at the Christmas market of St David's Marist Inanda School, where Engel & Völkers Hyde Park took part and sponsored some activities for the children. A raffle was held and the lucky winner had an opportunity to nominate a charity of their choice. The winner was Joanna Coetzee, one of the parents at the school who chose a 10-Year-old boy

named Xolani Zondo from Forest Town School for children with special needs. Young Xolani suffers from cerebral palsy and cannot walk or do anything independently and was in dire need of a wheelchair in order to get around at home. Scott Pharoah, Licence Partner Engel & Völkers Hyde Park made the generous donation towards getting Xolani his own custom-made automated wheelchair and a walker to use at home. These were recently handed over by Scott and Xolani and his father, Nkosinathi Khumalo at Forest Town School, who gave a heartfelt thank you for the gift. Khumalo said both his and his son's lives have been changed for the better. The Engel & Völkers Hyde Park team would like to thank St David's Marist School for the opportunity to participate at their annual Christmas market and are happy to have been part of Xolani's journey to independence.

WELCOME INSIDE LIMPOPO

SPECIAL FEATURES

Hoedspruit

1 Welcome 1 Cover Feature: Gauteng, Bryanston

cover

G AU T E N G

INDUSTRY NEWS 11 SA - Still a Property Investment Destination

eleven

Pretoria, New East 4 Pretoria, Old East 5-6 Centurion 7 - 10 Midrand 13 Johannesburg, The Parks 14 Johannesburg, Hyde Park 15 Johannesburg, Greenstone | Bedfordview 16 Johannesburg, Fourways | Broadacres 17 - 18 Johannesburg, Bryanston | Sandton 1; 19 - 20 Johannesburg, West Rand 21 Johannesburg, Lonehill 22

N O RT H W E S T

23 Outside In | Inside Out

Potchefstroom Hartbeespoort Dam

25 26

OBC Fighting the Winter Cold

WESTERN CAPE

CORPORATE NEWS

27 28 29 30 31 32 33 - 34

IFC Engel & Völkers Kalk Bay Under New Management IFC Event Zone

IFC

Winelands Durbanville Plattekloof & Surrounds Bloubergstrand Southern Suburbs Kalk Bay Atlantic Seaboard | Camps Bay

twenty three

LIFESTYLE FEATURES

35 LIPA Profile

GLOBAL

International Properties

thirty eight

FINANCE NEWS 38 Latest Bank LTV’s

37 39 Transfer and Bond Costs

The Visual Key Guide: Unlock your new home

* INTERIOR

Bedroom

Bathroom House size

Aircon

P Security Parking Electric FenBay/Area ce (EF) etc

Fitness Fireplace Gym/Tennis Gym Wine cellar etc

Jacuzzi

Living area

Home theatre

Infrastructure

Borehole

* EXTERIOR

Stand size

Swimming Entertainment/Braai pool area

Garage

Carport

SPECIAL FEATURES

Location

Game / Game farm

Big 5

Vineyard

Views

Pet friendly

OB Out buildings/Extra Plan / builCommer- Retirement Accommodation/Staﬀ ding Village cial Quarters (SQ)/Flatlet etc. package

Share block

River frontage

PROPERTY TYPE / FEATURES

Full title

Sectional title

Farm

Lodge

Rondavels

Guest House

WELCOME Dear Reader

inter is now upon us! We look out on a landscape of bare trees and brown grass anticipating the cold winter days. This month we have a bumper winter edition for you, that will run over the months of June and July with many features, properties and information to keep you entertained. For the winter months ahead, most of our time will be spent hybernating and snuggling up indoors, or for the lucky few, sitting infront of a crackling fireplace in your living room. Read our lifestyle feature on layering your living room with warmth on page 23 and how to make the best of this space during the nippy winter season. It may be cold here in SA at the moment, however we are known for our warm hearts. South Africa has millions of annual foreign visitors who purchase property once they experience our beautiful country and its people. Find out more about the process of foreigners purchasing property in SA on page 11. Brace yourselves against the cold by using our winter survival feature on the outside back cover, where you can find everything needed to see you through this season.

Publisher Engel & Völkers Southern Africa

We have a very significant public holiday coming up on the 16 June, Youth day. This day serves to remind South Africa of the importance of its youth and brings across the message that something like “the Soweto riots” should never happen again. We hope you will enjoy the day off, and take a moment to think about our current youth who might be in need of a meal or warm blanket this winter. Should you have any spare clothes or items which could help the less fortunate, please feel free to drop them off at your closest E&V shop and we will ensure they go to someone who really needs it. Until our next edition in August we would like to wish all the father's a Happy Fathers day on the 18th of June. May you all be spoilt and spend a relaxing day with your family and loved ones, and may your weekend be filled with Super Rugby – good luck to our boys!

Editor Craig Hutchison Creative Director Elzanne Venter Account Executive Karen Erasmus Production Manager Chantalle Bell Feature Writer Chantalle Bell Copy Editor Tihara Baker Designer Maggie Magnus Advertising and Marketing pr@nationalguidetorealestate.co.za Newsletters and Subscriptions Tel: +27(0)11 929 3096 Web: www.engelvoelkers.com/south-africa Physical & Postal Address Shop 6B, Centurion Lifestyle Centre, 80 Old Johannesburg Road, Centurion Social Media www.facebook.com/engelvoelkerssouthafrica @engelvoelkersSA www.linkedin.com/englevoelkerssouthafrica www.pinterest/engelvoelkerssa

Sit back and enjoy the read. Until next month.

Electronic Version available at www.nationalguidetorealestate.co.za and www.issuu.com/engelvolkerssa

Craig Hutchison, CEO Engel & Völkers Southern Africa

Proud Partner of

COVER FEATURE Gauteng · Bryanston Breathtaking views in idyllic surrounds From the combined talents of architect Louis Louw and landscaper designer Patrick Watson, this elegant family home embraces generous indoor - outdoor living and entertainment. Leading from the splendid double volume entrance hall, the ground floor open plan entertainment rooms have the option to be divided with a cavity door system for extra privacy or expansive entertaining. The modern gourmet kitchen has beautiful views of the indigenous garden which also features a unique duck pond and rim flow pool. This home offers 4 - 5 well appointed bedrooms, en suite bathrooms and walk in cupboards. 3 large garages, double staff quarters, numerous indoor storage options and shingle roofing complete the picture. Blair Atholl Golf Estate encompasses 600 hectares and includes The Blair Atholl Championship Golf Course (a Gary Player design), Spa & Wellness Centre, Clubhouse with Restaurant & Bar, Equestrian Centre with arena and stables, informal Village Green family centre and kilometres of cycling and hiking tracks. Country estate living and modern amenities set amidst the undulating landscape of the golf course, surrounding riverine flora and beautiful Magaliesberg Mountain range, makes this estate a most beautiful and sought-after destination. Bryanston office · Tel. +27(0)11 706 6570 Bryanston@engelvoelkers.com

Web: ENV64702 ZAR 16 million

Limpopo · Hoedspruit

Klaserie Private Nature Reserve Ryan Forder Web: ENV92238 082 332 9149 ZAR 38 million

961ha

Big5

Game Farm

Hoedspruit Wildlife Estate Paul Marneweck Web: ENV96439 083 302 4071 ZAR 3,5 million

472m²

5600m²

500m²

Raptors View Wildlife Estate Cindy Hopkins Web: ENV96621 073 549 1856 ZAR 3,15 million

222m²

1ha

Kampersrus Annie Osbourne 072 540 3467

Jejane Private Nature Reserve Cindy Hopkins Web: ENV82630 073 549 1856 ZAR 4,92 million

Game Viewer

Big 5

Hoedspruit Wildlife Estate Paul Marneweck Web: ENV94946 083 302 4071 ZAR 2,65 million

220m²

6100m²

E M XC A LU N S D IV A T E E

Raptors View Wildlife Estate Cindy Hopkins Web: ENV89429 073 549 1856 ZAR 4,95 million

Web: ENV92692 ZAR 2,4 million

300m²

4440m²

Raptors View Wildlife Estate Ryan Forder Web: ENV95322 082 332 9149 ZAR 2,05 million

Hoedspruit · Tel. +27(0)15 793 0793 Unit 2, Khayagelo Business Suites, Hoedspruit Main Rd, Hoedspruit Hoedspruit@engelvoelkers.com · www.engelvoelkers.com/hoedspruit

175m²

1ha

NewlyBuilt

Hoedspruit Wildlife Estate Annie Osbourne Web: ENV89620 072 540 3467 ZAR 950 000

80m²

4900m²

Good

eing a real estate agent takes a lot of hard work and perseverance. It is not simply signing an offer to purchase - there are many activities which need to take place leading up to the successful conclusion of an offer. We ensure that our appointed sales advisors are correctly trained and ready to deal with the on-going changes in the environment they work in and have targets which they need to strive to achieve. Herewith our top agents for the last month:

Congratulations

to our TOP ACHIEVERS

EVELINE ZINSSMEISTER 082 041 9181

JAMES LE BIHAN 082 777 3543

SUSAN CROUCAMP 083 260 9549

VERE KILLASSY 083 601 1309

Gauteng | Pta New East: Lombardy Estate, Silver Lakes Estate, Silverstream Estate

Gauteng | Fourways | Broadacres: Maroeladal, Fourways

Gauteng | Centurion: Highveld, Irene

Gauteng | Broadacres: Jukskeipark, Waterford, Olivewood Estates

HEIKE DEGENER 083 265 4244

AMANDA WHITE 082 464 8016

ADRI SCHEEPERS 083 236 4743

Gauteng | Broadacres: Chartwell, Farmall, Kengies

Gauteng | Pta New East: Faerie Glen

Gauteng | Greenstone/Bedfordview: Greenstone

Lombardy Estate Eveline Zinssmeister Web: ENV92911 082 041 9181 ZAR 4,65 million

M D A U N A D L A T E

3½

Y Breathtaking

Moreleta Park Malcolm Bredenkamp Web: ENV93298 082 580 8074 ZAR 3,725 million

Web: ENV94675 ZAR 4,5 million

Moreleta Park Malcolm Bredenkamp Web: ENV93295 082 580 8074 ZAR 3,65 million

2½

Flatlet Mountain

E X M C A LU N S D IV A E T E

Zwavelpoort Claudette Oosthuysen 072 156 6219

M D A U N A D L A T E

Lombardy Estate Eveline Zinssmeister Web: ENV96676 082 041 9181 ZAR 3,995 million

Silver Lakes Golf Estate Claudette Oosthuysen Web: ENV84617 072 156 6219 ZAR 4,5 million

E M XC A LU N S D IV A T E E

2½

E M XC A LU N S D IV A T E E

Gauteng · Pretoria, New East

Faerie Glen Amanda White 082 464 8016

3½

La Montagne Web: ENV94955 ZAR 3,01 million

Mountain

Rensche Smit 074 588 9588

6½

Web: ENV53875 ZAR 2,95 million

Pretoria New East · Tel. +27(0)12 809 2205 Shop 8, Chamberlain Centre, Cnr Solomon Mahlangu & Bendeman Blvd, Silver Lakes PretoriaNewEast@engelvoelkers.com · www.engelvoelkers.com/pretoria-neweast

Louise Brits 082 974 4375

Pierre van Ryneveld Web: ENV96888 ZAR 815 000

Patio

E M XC A LU N S D IV A T E E

M D A U N A D L A T E

E M XC A LU N S D IV A T E E

Gauteng · Pretoria, Old East

Waterkloof Ridge Cristina Rosa 073 661 8446

Study

Erasmuskloof

Sonia Ford 082 786 1443

Web: ENV97098 ZAR 4,7 million

Natasha Wilken 076 912 3062

Web: ENV96425 ZAR 3,2 million

Boomed

E M XC A LU N S D IV A T E E

Brooklyn Web: ENV96586 ZAR 5,98 million

Menlo Park

Waterkloof Ridge Cristina Rosa 073 661 8446

Study

Menlo Park

Mariëtte Kühn 082 555 8334

Web: ENV95035 ZAR 2,95 million

Estate

2½

Web: ENV95828 ZAR 2,17 million

Estate

M D A U N A D L A T E

Erasmuskloof

Hatfield Disemelo Talaia 079 223 3477

Mariëtte Kühn 082 555 8334

E M XC A LU N S D IV A T E E

Web: ENV96305 ZAR 3,295 million

Web: ENV96067 ZAR 1,985 million

Dining Room

Built-in Braai

Natasha Wilken 076 912 3062

Waterkloof Park Web: ENV96029 ZAR 1,795 million

Cristina Rosa 073 661 8446

Web: ENV97161 ZAR 950 000

P 2

Dining Room

Estate

Waterkloof · Tel. +27(0)12 030 0301 The Club Retail 204, C/O 18th St & Pinaster Ave, Hazelwood Waterkloof@engelvoelkers.com · www.engelvoelkers.com/waterkloof

Gauteng · Pretoria, Old East

NOW IT'S YOUR MOVE: WE ARE LOOKING FOR PROPERTY SPECIALISTS IN THE PRETORIA OLD EAST AREAS The role of a Real Estate Agent is to create market share in your designated area or territory by canvassing, listing, evaluating and negotiating the sale of properties between buyers and sellers in your area. Your role involves innovative ways to market the property to attract potential buyers and to negotiate the best possible deal. The ability to effectively do this is achieved by guiding and advising your clients through the legal and financial milestones of the largest financial purchase they will ever make and through your exceptional professional advice and service, building a reputable personal brand that leads to referral business and a credible network of contacts.

WHAT QUALIFICATIONS ARE REQUIRED? n

EXPERIENCED AGENT: Estate Agency Affairs Board (EAAB) qualification and registration § NQF4 qualification required from 2011 § Computer literacy § Recognition of prior learning (RPL) § Registration with the EAAB prior to July 2008 will be advantageous.

NEW APPLICANTS: Registration with the EAAB as intern agent Recognition and exemption for specific professional qualifications towards the NQF4/5 standard § Sales and marketing qualifications and experience, as well as computer literacy, are beneficial § §

WHY SHOULD I CHOOSE A CAREER IN PROPERTY? n n n n n n

The property market is one of the most important pillars of any country's economy and thus offers long term career prospects Create your own business opportunities under the Engel & Völkers brand Lucrative earning potential “Be local, think global” – global expertise channelled into local markets Exposure to excellent networking opportunities Obtain a skill set ensuring international employment opportunities

WHAT ARE THE ATTRIBUTES OF A PROPERTY AGENT? n n n n n n

People and interpersonal skills Leadership: The habit of integrating resilience, discipline, a team oriented approach, the propensity to act immediately and self confidence with an attitude of positive involvement Results driven and self motivated Focused on achieving professional and personal goals Skilful negotiator at all levels of business Perseverance

If you comply with all the abovementioned qualifications and are eager to work for a dynamic company where you determine your own earning potential, please send your CV to: Mariëtte Schoeman 012 030 0301 / 079 874 5572 Mariette.Schoeman@engelvoelkers.com

Waterkloof · Tel. +27(0)12 030 0301 The Club Retail 204, C/O 18th St & Pinaster Ave, Hazelwood Waterkloof@engelvoelkers.com · www.engelvoelkers.com/waterkloof

www.engelvoelkers.com/waterkloof

Bev Meerholz 082 443 2952

Blue Valley Golf Estate Web: ENV71987 ZAR 6,39 million

3xen suite

785m²

1106m²

Blue Valley Golf Estate Web: ENV91680 ZAR 5,95 million

Underﬂoor Heating

700m²

1297m²

Bev Meerholz 082 443 2952

Blue Valley Golf Estate Web: ENV92139 ZAR 4,65 million

466m²

880m²

520m²

1119m²

Flatlet

Irene Woods

Web: ENV87453 ZAR 4,7 million

1990m²

Flatlet

Susan Croucamp 083 260 9549

391m²

702m²

Bev Meerholz 082 443 2952

2xen suite

407m²

Estate

M D A U N A D L A T E

Web: ENV96432 ZAR 3,999 million

685m²

S A O N LE D A T E

M D A U N A D L A T E

Amberfield Valley Jacqueline Scholtz Web: ENV96288 081 482 7227 ZAR 3,18 million

Blue Valley Golf Estate Web: ENV89554 ZAR 4,95 million

Irene Susan Croucamp 083 260 9549

Bev Meerholz 082 443 2952

E M XC A LU N S D IV A T E E

Bev Meerholz 082 443 2952

E M XC A LU N S D IV A T E E

Gauteng · Centurion

Blue Valley Golf Estate Web: ENV96298 ZAR 3,16 million

4xen suite 300m²

600m²

Patio

Eldoraigne Shaine Webb 083 239 6643

Web: ENV96353 ZAR 2,89 million

450m²

1760m²

Centurion · Tel. +27(0)12 661 1452 Shop 6B, Centurion Lifestyle Centre, 80 Old Johannesburg Road, Centurion Centurion@engelvoelkers.com · www.engelvoelkers.com/centurion

E X M C A LU N S D IV A E T E

Gauteng · Centurion

Eldoraigne Shaine Webb 083 239 6643

400m²

750m²

Flatlet

Owen Tolmay 072 446 6464

Web: ENV96539 ZAR 2,35 million

234m²

549m²

Estate

Thatchfield Gardens Elaine Bezuidenhout Web: ENV92186 076 962 7640 ZAR 2,295 million

230m²

Patio

Estate

M D A U N A D L A T E

Amberfield Manor Web: ENV94928 ZAR 2,55 million

Thatchfield Gardens Elaine Bezuidenhout Web: ENV94818 076 962 7640 ZAR 1,75 million

430m²

1000m²

Web: ENV94458 ZAR 2,25 million

The Reeds Jackie van Zyl 079 246 6703

Underﬂoor

2xen suite Heating

337m²

110m²

Thatchfield Close Estate McCayla Warriker Web: ENV94352 062 292 3969 ZAR 1,795 million

181m²

503m²

Patio

E M XC A LU N S D IV A T E E

Wierdapark Nathalie Elliott 084 602 2845

Wierda Glen Estate

Highveld Web: ENV94818 ZAR 1,75 million

430m²

1000m²

Susan Croucamp 083 260 9549

Web: ENV96779 ZAR 1,69 million

117m²

Centurion · Tel. +27(0)12 661 1452 Shop 6B, Centurion Lifestyle Centre, 80 Old Johannesburg Road, Centurion Centurion@engelvoelkers.com · www.engelvoelkers.com/centurion

Garden

Welina Little 083 926 2922

Web: ENV93972 ZAR 1,62 million

157m²

Patio

150m²

1320m² Boomed

250m²

Duet

Estate

Amberfield Manor Jacqueline Scholtz Web: ENV97012 081 482 7227 ZAR 1,395 million

136m²

Estate

134m²

Estate

Tom Davids 073 669 2174

160m²

1035m²

Eldoraigne

The Reeds Web: ENV91863 ZAR 1,28 million

Web: ENV96703 ZAR 1,285 million

175m²

300m²

Built-in Braai

M D A U N A D L A T E

Web: ENV96702 ZAR 1,46 million

Shaine Webb 083 239 6643

The Reeds

Jackie van Zyl 079 246 6703

500m²

E M XC A LU N S D IV A T E E

Tom Davids 073 669 2174

The Reeds Web: ENV96522 ZAR 1,49 million

M D A U N A D L A T E

Thatchfield Gardens Elaine Bezuidenhout Web: ENV96681 076 962 7640 ZAR 1,43 million

Lyttelton Manor Nadine Hobkrik 083 636 5083

E M XC A LU N S D IV A T E E

Rooihuiskraal North Web: ENV96484 ZAR 1,58 million

E M XC A LU N S D IV A T E E

Amanda de Vos 083 732 2768

E M XC A LU N S D IV A T E E

M D A U N A D L A T E

Gauteng · Centurion

The Reeds Web: ENV97063 ZAR 1,28 million

119m²

Built-in Braai

Estate

Tom Davids 073 669 2174

Web: ENV91711 ZAR 1,25 million

170m²

927m²

Gate

Centurion · Tel. +27(0)12 661 1452 Shop 6B, Centurion Lifestyle Centre, 80 Old Johannesburg Road, Centurion Centurion@engelvoelkers.com · www.engelvoelkers.com/centurion

M D A U N A D L A T E

E M XC A LU N S D IV A T E E

Gauteng · Centurion

Amberfield Crest

127m²

Marcus Margot 082 508 3032

Highveld Susan Croucamp 083 260 9549

95m²

78m²

Tom Davids 073 669 2174

Gate

100m²

Estate

24H

Nathalie Elliott 084 602 2845

Web: ENV96290 ZAR 910 000

95m²

Garden

Jackie Van Zyl 079 246 6703

121m² Balcony

Wierdapark Web: ENV95166 ZAR 949 000

The Reeds Web: ENV97221 ZAR 890 000

121m²

Web: ENV96398 ZAR 1,05 million

M D A U N A D L A T E

Die Hoewes Nadine Hobkirk 083 636 5083

Nadine Hobkirk 083 636 5083

The Reeds Web: ENV96056 ZAR 980 000

E M XC A LU N S D IV A T E E

Die Hoewes Web: ENV95509 ZAR 1,07 million

E M XC A LU N S D IV A T E E

Clubview Web: ENV96330 ZAR 1,1 million

E M XC A LU N S D IV A T E E

Owen Tolmay 072 446 6464

Clubview Web: ENV96248 ZAR 800 000

81m²

Garden

Centurion · Tel. +27(0)12 661 1452 Shop 6B, Centurion Lifestyle Centre, 80 Old Johannesburg Road, Centurion Centurion@engelvoelkers.com · www.engelvoelkers.com/centurion

Marcus Margot 082 508 3032

Stand

1047m²

Web: ENV96878 ZAR 710 000

Central

Walled

Res. 1

INDUSTRY NEWS

South Africa – Still a sought-after destination for investors BY CHANTALLE BELL

outh Africa has millions of annual foreign visitors who purchase property once they experience our beautiful country and its people. Although there has been some uncertainty about foreign investors being allowed to own property in SA, this has now been dispelled. Foreigners can purchase and own immovable property in South Africa without restriction - nonnationals are subject to the same laws as nationals. The only ineligible people are illegal aliens who are not allowed to own immovable property in SA. Political and macroeconomic uncertainties have taken centre stage following President Jacob Zuma's cabinet reshuffle and the firing of the minister of finance and his deputy on the 30th of March. The subsequent downgrades by S&P Global Ratings and Fitch have further increased concerns about South Africa's economic outlook. “Although political and economic conditions do impact on the property industry, we stand firm that property still remains your best investment as housing is not an optional extra”, says Craig Hutchison, CEO Engel & Völkers Southern Africa. We can remain proud of our country as it has many unique aspects. The possibility is that you could potentially come across an international visitor wishing to purchase a second home and we thus look into the process to familiarise you with the ins-and outs. South Africa is reputed to have one of the best deeds registration systems worldwide with an exceptional degree of accuracy and security of tenure being guaranteed. Property can be owned individually, jointly in undivided shares or by an entity such as a company, close corporation, trust or a similar entity registered outside South Africa. An international investor would need to work through a reputable and global real estate company so that they are assured of both an ethical as well as a professional service and that their transactions are handled in an efficient and legal manner. “We only work with transferring attorneys who are reliable and well-known, so they will be able to advise international investors

of any specific local regulations that they need to be aware of” Craig noted. “Our South African property sale processes are acknowledged as being structured, secure and professionally managed”. A substantial percentage of the current market is being fuelled by foreign exchange. Willing investors or expats looking to buy a permanent holding or holiday home can expect to pay on average R950 000 which adds up to about 53 000 Euro for a small home (80m²-140m²), R2 million or 111 000 Euro for a medium – size home (141m²-220m²) and for really extravagant and special homes of between R20 to R50 million, this amounts to a mere 1.1 million Euros. Investing in South Africa: According to the FNB House price index: § 4.89% of SA homes are owned by foreign investors. § The 1st quarter 2017 Foreign Home Buyer Confidence Index +0.09, from -0.016. § In Euro terms, the FNB House Price Index rose by 24.3% year-on-year, in Dollar terms by 19.3%, and in UK Pound terms by 36.5% (The Brexit impact) year-on-year in February. Secondary home buying has risen to 14.47% by the 1st quarter of 2017. § Buy-to-let homes remain the major driver of secondary home demand, accounting for 9.5% of total home buying in the first quarter. § In the 1st quarter of 2017 holiday home buying was 3.77% of all sales. § Buying a home for a family member or relative to live in, remains at around 1%. § In total, secondary properties make up an estimated 16.24% as at January 2017. BEFORE BUYING Non-residents who are intending to stay in their SA property for long periods will need to comply with the Immigration Act, and may need to acquire a residence. Within the first week of arriving in South Africa, foreigners must apply for an extension on their 90 day visa, from the new visa centres, as this will no longer be done through the Home Affairs offices. Non-residents who are purchasing property in the name of a company or other legal entity rather

than in their own names will first have to register that entity in SA and appoint a local public officer. LEGAL CAPACITY TO ENTER INTO A SALE AGREEMENT The buying and selling of property in South Africa is governed in terms of our common law. The transferring attorney's requirements to conclude the transfer are almost the same to that of a transfer to a South African resident, except that regardless of your foreign marriage regime, your spouse still has to sign all the documents pertaining to the purchase of the property. MAKING AN OFFER Conveyancing documents must be signed before either a notary public of the country where the person lives, or at the South African Consulate or Embassy in such country. COSTS TO BE AWARE OF Transfer duty (tax) is payable by the buyer on all pre-owned properties in SA valued at more than R900 000. Newly-built properties acquired from developers, on the other hand, usually attract value-added tax (VAT) at 14% of value, included in the sale price. If the buyer will be letting out the property while they are not in SA, they should be aware that they will need a non-residential South African bank account. BANKING Non residents can open a local bank account to service instalments on a home loan or perhaps to receive rental income from the property you bought. Any deposit made into this account in SA will require the approval of the Reserve Bank, because non-residents are not allowed to generate any income in SA except for rentals and the interest on investments such as shares. The following documentation will be required by the banks before they consider a non-resident for bond approval: § A certified copy of the passport; § 3 months overseas bank statements; § 3 months payslips (6 months statements and payslips where the purchaser earns commission or is paid overtime).

INDUSTRY NEWS You can open a special "non-resident" bank account with a South African Financial Institution and ensure that all funds expended for purposes of the property investment, go through that account. Once the financing details have been finalised, the transfer attorney can go ahead with getting the property registered in the new owner's name. FINANCING South African exchange control regulations determine the extent to which foreign buyers can borrow money locally to fund the purchase: § Non-resident purchaser who does not work in South Africa § Non-resident buyer will not granted more than 50% of the purchase price to fund the purchase. § The balance must be paid in cash and this may be cash generated in South Africa, or off shore funding. § Non-resident purchaser who is on a temporary work permit in South Africa. § May be granted more than 50% of the purchase price, but the loan amount will still depend on the bank's criteria. § A condition of the loan will be that the buyer reduces the bond to less than 50% of the registered amount before they leave South Africa to go back abroad. Some institutions would possibly require a work permit of at least 4 years before they would consider a bond for more than 50% of the purchase price. CASH PURCHASE Money must come into the country via the Reserve Bank, after which a deal receipt showing the exchange rate is issued. While there might be a short-term gain by paying the seller directly from an overseas account at a discounted price, you will not be able to take money back out of the country when selling. Money in a property transaction must go straight to an attorney or estate agent's trust account pertaining to the purchase of the property. This is so that there is proof that the money went towards the purchase of the property. Non-residents who decide to sell their property in SA can repatriate all funds invested plus any profit made on the sale, less Capital Gains Tax. Keeping detailed receipts of all improvements made to the property can be used to write off against any profit made when selling, resulting in paying a lower Capital Gains Tax amount. The following documentation should be kept by the foreign purchaser to avoid any delays regarding the repatriation of funds from the sale of the property: § Proof of the derivation of the purchasing funds, including statements on the foreign transferring account as well as the receiving conveyancer's bank statements. § A copy of the original sale agreement. Upon the eventual sale of the property, application will be made for Exchange Control Approval for the repatriation of the funds, supported by the following documents in addition to the documents as set out above: § Sale agreement (onward sale); § Conveyancers final statement of account reflecting calculation of the sale proceeds; § Foreign bank account information; § ID and proof of residence of non-resident.

the required rate until clearance is received from the South African Revenue Service (SARS) from any amount to be paid to the seller or the seller's agent (tax directives for a lower rate or an exemption can be obtained for the withholding tax): § 7.5% of the amount payable where the seller is a natural person; § 10% of the amount payable where the seller is a company; or § 15% of the amount payable where the seller is a trust The above only pertains to properties that sold for more than R2 Million. The full proceeds of sale, (less any capital gains tax obligation), can be taken out of the country. THE PROCESS Sign the offer > Transfer attorneys receive contract > Bond approval > Receive guarantees from Bond attorney > Fees & deposits paid > Documents signed > Transfer documents sent to deeds office > Transaction is lodged at deeds office > Property registers in new owners name > Seller vacates property. > Buyer takes occupation > Pay-out of any funds needed & close file. It is important to contact a reputable real estate agency whether it be to either sell your property to foreign investors, if you yourself are considering investing in SA as an overseas visitor, or even if you wish to advise friends and family visiting from abroad on what they would need. “Engel & Völkers has a truly international network of shops in over 35 countries and our sales advisors are trained on international standards, ensuring that only the best advice and step by step support is given to all our clients” Craig concluded.

TAX IMPLICATIONS AS A NON-RESIDENT Non-residents who purchase property in South Africa are required to register as South African tax payers solely for the purposes of their capital gains tax obligation. Foreign buyers have to ensure that they have a South African tax number, and any entity buying or selling must also provide a South African tax number. This is not difficult to get and is easily accessed through either the parties' attorney, tax consultant or online. At the moment, the highest rate of capital gains tax in South Africa for individuals is 18% of the capital profit. There is a withholding tax, where immovable property in South Africa is purchased by any person from a nonresident, that purchaser (through the conveyancing attorney) must withhold

Kyalami

600m²

Estate

4½

Carlswald North Country Estate Andrea Pace Web: ENV96459 082 456 5192 ZAR 3,9 million

Rienie Burger 071 314 9965

3½

438m²

Estate

580m²

Estate

3½

Vorna Valley Heshni Muthal 084 446 2116

330m²

388m²

Jane Labuschagne 082 504 2363

2½

Web: ENV97018 ZAR 4,5 million

480m²

Estate

Glen Austin Web: ENV95574 ZAR 3,8 million

Debbie Robertson 061 491 5188

Vorna Valley Web: ENV96280 ZAR 2,3 million

Rienie Burger 071 314 9965

Kyalami

E M XC A LU N S D IV A T E E

Kyalami Web: ENV96263 ZAR 5,35 million

E M XC A LU N S D IV A T E E

E X M C A LU N S D IV A E T E

5½

Wilson Dikgale 079 946 0868

E M XC A LU N S D IV A T E E

Noordwyk Web: ENV96780 ZAR 10 million

Web: ENV88879 ZAR 3,5 million

460m² 17131m²

E M XC A LU N S D IV A T E E

Rienie Burger 071 314 9965

E M XC A LU N S D IV A T E E

Gauteng · Midrand

Midrand Web: ENV94649 ZAR 1,15 million

114m²

Andrea Pace 082 456 5192

Web: ENV95506 ZAR 1,13 million

100m²

Patio

Estate

Midrand · Tel. +27(0)11 027 5557 Illovo Edge Phase 3, Section 3, Cnr Fricker Rd & Harries Rd, Illovo, Sandton Midrand@engelvoelkers.com · www.engelvoelkers.com/south-africa

E M XC A LU N S D IV A T E E

Gauteng · Johannesburg, The Parks

Parkwood Piet Botha 082 376 7893

Home Oﬃce

380m²

Flatlet

Web: ENV94839 ZAR 5,5 million

401m²

Cottage

Web: ENV94203 ZAR 4,4 million

310m²

Flatlet

Faith Thomas 072 375 8587

Web: ENV93333 ZAR 3,999 million

1276m²

Greenside Dominique Cacao 072 063 7488

Web: ENV96228 ZAR 3,8 million

288m²

E M XC A LU N S D IV A T E E

495m²

E M XC A LU N S D IV A T E E

Web: ENV96225 ZAR 4,3 million

Greenside Dominique Cacao 072 063 7488

Parktown North

Parkhurst Faith Thomas 072 375 8587

Piet Botha 082 376 7893

E M XC A LU N S D IV A T E E

Piet Botha 082 376 7893

E M XC A LU N S D IV A T E E

Parkwood

Parkwood Web: ENV95535 ZAR 7,2 million

202m²

Parkwood

Greenside Web: ENV93780 ZAR 2,85 million

Dominique Cacao 072 063 7488

Web: ENV93896 ZAR 2,75 million

280m²

The Parks · Tel. +27(0)11 027 5557 Illovo Edge Phase 3, Section 3, Cnr Fricker Rd & Harries Rd, Illovo, Sandton, 2196 TheParks@engelvoelkers.com · www.engelvoelkers.com/theparks

Faith Thomas 072 375 8587

Web: ENV93543 ZAR 1,7 million

82m²

Patio

E M XC A LU N S D IV A T E E

M D A U N A D L A T E

E M XC A LU N S D IV A T E E

Gauteng · Johannesburg, Hyde Park

Atholl Grace Mijiga 072 899 0364

Dunkeld West Web: ENV96544 ZAR 8,599 million

Candice Robinson 072 732 1109

Hyde Park Web: ENV96499 ZAR 6,2 million

Ansie Labuschagne 082 466 1755

Web: ENV96994 ZAR 6 million

P 2½

500m²

Estate

Underﬂoor Heating

224m²

450m²

Estate

E M XC A LU N S D IV A T E E

Melrose Leslie Borland 061 522 5039

Hurlingham Web: ENV95955 ZAR 5,5 million

Grace Mijiga 072 899 0364

Melville Web: ENV96711 ZAR 4,3 million

Gontse Mazwi 081 346 7196

Web: ENV97057 ZAR 2,999 million

FT Walled

3½

244m²

Hurlingham Chwayita Hoyi 071 134 4108

Rosebank Web: ENV96915 ZAR 2,7 million

Chwayita Hoyi 071 134 4108

123m² Building

260m²

Chwayita Hoyi 071 134 4108

Web: ENV96333 ZAR 2,35 million

P 2

Illovo Web: ENV96388 ZAR 2,69 million

P 2

E M XC A LU N S D IV A T E E

Central

E M XC A LU N S D IV A T E E

1349m²

78m²

Complex

P 2

95m²

Hyde Park · Tel. +27(0)11 027 5557 Illovo Edge Phase 3, Section 3, Cnr Fricker Rd & Harries Rd, Illovo, Sandton, 2196 HydePark@engelvoelkers.com · www.engelvoelkers.com/hydepark

M D A U N A D L A T E

S A O N LE D A T E

E M XC A LU N S D IV A T E E

Gauteng · Greenstone

Linbro Park

Adri Scheepers 083 236 4743

Web: ENV95694 ZAR16 million

Adri Scheepers 083 236 4743

385m² 3

Adri Scheepers 083 236 4743

Web: ENV96268 ZAR 1,95 million

385m² 20 350m² Farm Developer

8 724m²

Developer

Excellent

2½

158m²

Estate

E M XC A LU N S D IV A T E E

Greenstone Hill Web: ENV94393 ZAR 6,5 million

Greenstone Hill Adri Scheepers 083 236 4743

Greenstone Hill

Web: ENV96241 ZAR 1,399 million

Adri Scheepers 083 236 4743

Greenstone Hill Web: ENV96428 ZAR 1,35 million

Adri Scheepers 083 236 4743

Web: ENV95708 ZAR 1,59 million

ST 1

97m²

Garden

Estate

Built-in Braai

Terenure Web: ENV95460 ZAR 1,19 million

81m²

Estate

Adri Scheepers 083 236 4743

2xen suite 139m²

24H

E M XC A LU N S D IV A T E E

M D A U N A D L A T E

Greenstone Hill Adri Scheepers 083 236 4743

82m²

E M XC A LU N S D IV A T E E

2½

Greenstone Hill Web: ENV96597 ZAR 1,3 million

1272m²

Greenstone · Tel. +27(0)11 027 5557 Illovo Edge Phase 3, Section 3, Cnr Fricker Rd & Harries Rd, Illovo, Sandton Greenstone@engelvoelkers.com · www.engelvoelkers.com/south-africa

Garden

Adri Scheepers 083 236 4743

Web: ENV95370 ZAR 990 000

76m²

Balcony

24H

E M XC A LU N S D IV A T E E

Gauteng · Johannesburg, Fourways | Broadacres

Chartwell

730m²

Heike Degener 083 265 4244

3½

Broadacres

504m²

593m²

M D A U N A D L A T E

4½

James LeBihan 082 777 3543

770m²

Vere Killassy 083 601 1309

3½

Web: ENV95474 ZAR 3,65 million

350m²

Jukskei Park

Cedar Creek Web: ENV95811 ZAR 3 million

285m²

Web: ENV96326 ZAR 6,595 million

Fourways Web: ENV95853 ZAR 4,5 million

E M XC A LU N S D IV A T E E

4½

Vere Killassy 083 601 1309

Douglasdale

630m²

Jukskei Park Web: ENV96062 ZAR 5,68 million

Scott Riddell 082 561 8650

James Le Bihan 082 777 3543

E M XC A LU N S D IV A T E E

Heike Degener 083 265 4244

Maroeladal Web: ENV83098 ZAR 6,65 million

E M XC A LU N S D IV A T E E

4½

E M XC A LU N S D IV A T E E

Broadacres Web: ENV96318 ZAR 8,7 million

E M XC A LU N S D IV A T E E

Heike Degener 083 265 4244

Web: ENV82474 ZAR 2,85 million

271m²

Estate

Vere Killassy 083 601 1309

Web: ENV96368 ZAR 2,95 million

586m²

Broadacres · Tel. +27(0)11 465 0410 Shop 1E, Needwood House, Broadacres Shopping Centre, Cedar Ave, Fourways Broadacres@engelvoelkers.com · www.engelvoelkers.com/broadacres

E M XC A LU N S D IV A T E E

Gauteng · Johannesburg, Fourways | Broadacres

Magaliesig

200m²

463m²

James Le Bihan 082 777 3543

Jukskei Park Web: ENV95693 ZAR 1,85 million

150m²

Estate

E M XC A LU N S D IV A T E E

2½

E M XC A LU N S D IV A T E E

Fourways Web: ENV97059 ZAR 2,75 million

Broadacres

Fourways James Le Bihan 082 777 3543

Vere Killassy 083 601 1309

Web: ENV96099 ZAR 1,795 million

Web: ENV94965 ZAR 1,83 million

255m²

James Le Bihan 082 777 3543

Craigavon Web: ENV96161 ZAR 1,65 million

Anthony Craemer 083 560 6206

Web: ENV97014 ZAR 1,35 million

FT Y

Estate

1500m²

Estate

Central

Magaliesig Tilana Kruger 079 114 6895

Cedar Creek Web: ENV96719 ZAR 1,04 million

69m²

Estate

E M XC A LU N S D IV A T E E

165m²

E M XC A LU N S D IV A T E E

2½

E M XC A LU N S D IV A T E E

Tilana Kruger 079 114 6895

James Le Bihan 082 777 3543

Dainfern Web: ENV96752 ZAR 1,05 million

Dale Obermeyer 083 555 5651

Web: ENV83553 ZAR 930 000

FT 2

78m² Communal Estate

1087m² Available

Central

Broadacres · Tel. +27(0)11 465 0410 Shop 1E, Needwood House, Broadacres Shopping Centre, Cedar Ave, Fourways Broadacres@engelvoelkers.com · www.engelvoelkers.com/broadacres

Estate

Green Areas

80m²

Complex

Gauteng · Johannesburg, Sandton | Bryanston

Monaghan Farm Estelle Du Toit 083 229 9370

4½

786m²

Patio

Estelle Du Toit 083 229 9370

Web: ENV95206 ZAR 7,6 million

573m²

Estelle du Toit 083 229 9370

4½

Solar Heating

Joanne Uitslag 083 353 3422

4½

680m²

Patio

Web: ENV92841 ZAR 4,8 million

Joanne Uitslag 083 353 3422

Web: ENV94241 ZAR 7,9 million

Balcony

Sandown Web: ENV96975 ZAR 7,6 million

Joanne Uitslag 083 353 3422

Web: ENV94246 ZAR 7,5 million

Study

660m²

Gate

Bryanston West

Sandown

Bryanston Colleen Siebert 083 604 0988

Web: ENV88257 ZAR 8,2 million

Monaghan Farm

Bryanston Debbie Stride 082 853 2156

Sandown

Monaghan Farm Web: ENV89721 ZAR 8,9 million

Web: ENV94468 ZAR 4 million

Colleen Siebert 083 604 0988

Web: ENV94789 ZAR 3,4 million

ST 4

763m²

239m²

24H

Bryanston · Tel. +27(0)11 706 6570 Shop L30, Nicolway Shopping Centre, 2959 William Nicol Dr, Bryanston Bryanston@engelvoelkers.com · www.engelvoelkers.com/bryanston

Gauteng · Johannesburg, Sandton | Bryanston

Petervale

Bryanston West

Patio

212m²

Adri Scheepers 083 236 4743

Bryanston East Web: ENV92314 ZAR 2,5 million

335m²

Debbie Stride 082 853 2156

Bryanston Web: ENV95073 ZAR 1,6 million

Laundry 124m²

S A O N LE D A T E M

Edenburg Joanne Uitslag 083 353 3422

Web: ENV95092 ZAR 2,36 million

S A O N LE D A T E

Web: ENV93275 ZAR 3,4 million

Colleen Siebert 083 604 0988

Debbie Stride 073 948 4780

Petervale Web: ENV96207 ZAR 1,35 million

Joanne Uitslag 083 353 3422

Web: ENV94968 ZAR 995 000

P 2

77m² Communal

89m² Communal

Balcony

Are you familiar with the Bryanston/Sandton area? §

Do you have a keen interest in the property market

Communicative, committed and a skilled negotiator

Are you familiar with the above areas?

Do you have your own transport?

Uncapped earning potential!

Send your CV to Hendrien.Hodson@engelvoelkers.com

Bryanston · Tel. +27(0)11 706 6570 Shop L30, Nicolway Shopping Centre, 2959 William Nicol Dr, Bryanston Bryanston@engelvoelkers.com · www.engelvoelkers.com/bryanston

? -

E M XC A LU N S D IV A T E E

Gauteng · Johannesburg, West Rand

Ruimsig

Homeshaven

Dominic Ruskovich 072 300 2610

3½

Built-in Braai

Dominic Ruskovich 072 300 2610

Built-in Braai

276m²

3½

Ruimsig Web: ENV96001 ZAR 2,85 million

Estate

Dominic Ruskovich 072 300 2610

Web: ENV93308 ZAR 2,35 million

2½

400m²

E M XC A LU N S D IV A T E E

Web: ENV92458 ZAR 3,5 million

Willowbrook

159m²

2½

Candice De Sousa 072 754 1651

Willowbrook Web: ENV93252 ZAR 1,2 million

159m²

E M XC A LU N S D IV A T E E

Wilgeheuwel Web: ENV96864 ZAR 1,8 million

Wilgeheuwel Candice De Sousa 072 754 1651

Wilgeheuwel Web: ENV97073 ZAR 1,15 million

Gcina Nkau 084 425 8319

137m²

Candice De Sousa 072 754 1651

Web: EN95568 ZAR 1,15 million

123m²

Estate

E M XC A LU N S D IV A T E E

Gcina Nkau 084 425 8319

Willowbrook Web: ENV96148 ZAR 1,15 million

2½

140m²

Gcina Nkau 084 425 8319

Web: ENV97067 ZAR 1,1 million

2½

139m²

West Rand · Tel. +27(0)11 958 0370 Shop 30 B, Featherbrook Village Shopping Centre, Ruimsig WestRand@engelvoelkers.com · www.engelvoelkers.com/westrand

E M XC A LU N S D IV A T E E

Gauteng · Johannesburg, Lonehill

Lonehill Jurgen Schuning 072 126 9172

495m²

Barry Walker 082 824 5040

Lonehill Web: ENV89547 ZAR 4,25 million

384m²

600m²

Stuart Isdale 072 988 2141

Web: ENV97177 ZAR 3,4 million

450m²

1152m²

Flatlet

E M XC A LU N S D IV A T E E

Lonehill Web: ENV95223 ZAR 4,3 million

Beverley

Study

340m²

Barry Walker 082 824 5040

Sunninghill Web: ENV89547 ZAR 2,55 million

260m²

376m²

M S A O N LE D A T E

Lonehill Web: ENV90384 ZAR 3,35 million

Beverley Ryan Spronk 072 409 0194

2½

Sunninghill Web: ENV89855 ZAR 1,35 million

Ivete Miguel 082 291 2890

Communal

Barry Walker 082 824 5040

Web: ENV93010 ZAR 1,675 million

146m²

E X M C A LU N S D IV A E T E

Ryan Spronk 072 409 0194

Paulshof Web: ENV96524 ZAR 1,22 million

74m²

Lonehill · Tel. +27(0)11 465 8405 East Block, First Floor, Pineslopes Shopping Centre, The Straight, Lonehill Lonehill@engelvoelkers.com · www.engelvoelkers.com/lonehill

Storage Garden

Stuart Isdale 072 988 2141

Web: ENV91509 ZAR 1,2 million

101m²

INSIDE OUT | OUTSIDE IN

Layer your living room with warmth this winter

BY CHANTALLE BELL

Usually, the living room is the first area that people see when entering your home, which is the reason why it should be a well-decorated area which is versatile and flexible. Traditional living rooms usually include a large comfortable, inviting sofa and two armchairs which surround the coffee table. If you have room a fireplace, the whole room would be organised around it, making the fireplace the focal point of the room. In terms of accessories, living rooms almost always include a TV with an entertainment centre, a large coffee table, artwork and ornaments, functional lighting and long draped curtains.

inter is upon us and most of your time will now be spent snuggling up indoors, so it is the ideal time to layer your living room with warmth. In Western architecture, a living room, also called a lounge or sitting room, is a room in a house which is seen as the heart of the home. It's the main, comfortable but also somewhat formal social area, where family members and guests are welcomed and gather. The living room is the most spacious room of the house, it is sometimes connected to the dining room, and in some cases they become a part of the kitchen itself, mainly in open planned homes and smaller apartments, to create the illusion of more space. Your living room, regardless of size, should be able to function as a space for relaxation and entertaining.

Think about creating a warm cosy interior with chunky knit cushions, faux fur throws and woollen rugs. “Creating a cosy living area isn't necessarily about turning up the heat and huge electricity bills, but more about how you dress the area during the colder months so that it looks and feels warmer”, concluded Craig.

Homeowners often had to compromise on the comfort in their property in order to elevate the look of the room, but this is no longer the case. Focus on the furniture that offers value for money, a timeless quality and many years of trouble free performance. Sometimes it's the simple things that are beautiful. “A perfect living room is all about creating a comfortable and cosy living space that is both visually and functionally appealing, while remaining fun and catering to one's need to either watch movies, entertain guests or curl up and read a book” says Craig Hutchison, CEO Engel & Völkers Southern Africa. “If you have a large family, create a child-friendly space that is also very stylish - it should be a space that the whole family can share. Spend some time on designing your living room, plan ahead and make sure that what you have planned for is what you really need as not to waste money”.

Whether it's a quick change or a complete over-haul, spice up the family's favourite room with these tips this winter: Create a cosy atmosphere with your furniture – The living area should feature comfortable sofas, recliners and occasional chairs placed around the centre coffee table. Occasional chairs are the best solution to maximising floor space – they are smaller and are easy to move around and can be used in small spaces. They can be easily re-upholstered when your tastes change, and are one of the quickest ways to update the look of your home.

[2]

[1]

[14] [7] [8] [5]

[12]

[9]

[3] [6] [4]

[10]

INSIDE OUT | OUTSIDE IN Cushions and throws that suits your décor – An easy solution for trying out new patterns and colors in your living room without any major commitment. Draping a throw over the back of a sofa gives the living room an inviting look, while a faux fur throw adds texture and warmth for the winter nights.

fireplace, it has no gas odours and very effective gas consumption. No chimney or extraction is required because this vent-free fireplace gives you all the heat you need, with the added benefit of no smoke. If you want to add a wood-burning fireplace, that's not impossible either. You just need space above the roof to get a chimney through it.

Rugs – Should you have tiled flooring, your feet are sure to freeze during the winters, so to save your feet from the chilly floors, place a modern rug or carpet on the floor that will visually define the seating area and to make the living room look and feel warmer.

Add warmth to any space with lighting Lighting the living area is a fun way to set the ambiance and glam up the space. During winter, brighten up your living room with beautiful lights that will create a warm atmosphere. Dress up a side table or other accent table with a beautiful lamp. Hang a single chandelier over the entire space above the coffee table to make a statement. Should you be on a budget, why not go with

Fireplace – We all would really love a fireplace in winter. Why not think of installing one? For the easiest installation, choose a direct-vent gas

[2]

Meycer Day Bed Price: From R21 720.00 Available from: Weylandts

[4] [18]

[11] [5]

Rod Bookcase Price: R9 995.00 Available from: Weylandts Lincoln Button Tub Chair Price: R8 995.00 Available from: Mr Price Home Hossack Stool Price: R1 495.00 Available from: Coricraft

[13] Modern Tripod lamp Set Price: R 1 299.00 Available from: Woolworths [14] Copper Lamp Price: R 699.00 Available from: Woolworths [15] Madison Colour Block Scatter 60x40cm Price: R 220.00 Available from: Woolworths [16] Buchanan Ottoman Price: R5 495.00 Available from: Block and Chisel

Classique Chair Price: R4 495.00 Available from: Rochester

[7]

Franco Coffee table Price: R4 995.00 Available from: Rochester

[17] Shapes Floor Cushion in Stone or Grey Price: R850.00 Available from: Zana Products

[8]

Shaggy Rug Price: R1 300.00 Available from: Mr Price Home

[18] Carry - Natural Side Table Price: R1 150.00 Available from: Hello Pretty

[9]

Karoo Plasma Large Price: From R6 000.00 Available from: Mr Price Home

[19] Halōs - Black Pendant Lamp Price: R1 500.00 Available from: Hello Pretty

[10] Staggered 12 Picture Multi Frame Price: From R199.99 Available from: Mr Price Home

[21]

[12] Vintage Trim Footed Hurricane Price: From R179.99 Available from: Mr Price Home

[6]

[19]

[17]

Personalising your living room – Create a photo gallery and keep it on the coffee table, or fill the shelves with books you love, add souvenir items of where the family has been together. Picture frames of photos could also be put up on the main wall in the living area, these are pictures you already have and make a very cost effective background wall or décor items for the living room.

AGA Ludlow Fireplace Price: From R20 000.00 Available from: AGA

[3]

[15]

Drapes/Curtains – Instead of using blinds for the windows which let the cold in, use long flowing curtain or drapes. The living room curtains are particularly important for the interior, as they have a dramatic effect and beautify the living room.

[1]

[13]

[20]

decorative yet attractive aromatic candles that will give a cosy setting.

[11] Chenille Throw 140x180cm Price: From R259.99 Available from: Mr Price Home

[20] Jumbo Boribori Bean Bag Price: R5 000.00 Available from: Design Store [21] Suspender Shelves Birch Price: R2 450.00 Available from: Design Store [22] Industrial TV Stand Price: R6 850.00 Available from: Hello Pretty

[21]

[16]

E M XC A LU N S D IV A T E E

Winfield Estate Full title homes consisting of 3 bedrooms and 2 bathrooms set on a 704m² stand. Boasts quality finishes and the spacious living area and open plan kitchen are flooded with natural light. Energy efficient features and a double garage complete the picture. Beatrice Joubert Web: ENV97148 071 674 5673 ZAR 1,25 million

de Land Estate Ideal opportunity for developers. Develop townhouses on the remaining Res3 stands in the 30ha de Land Estate which offers state-of-the-art security. Includes a 4ha village for 55+ year residents featuring a care unit, assisted living apartments, 1,2 and 3 bedroom homes. Beatrice Joubert Web: ENV93376 071 674 5673 Stands from R 585 000

M D A U N A D L A T E

E M XC A LU N S D IV A T E E

North West · Potchefstroom

Van der Hoff Park

Mooivallei Park

Heinrich van der Walt 071 883 2784

390m²

Heinrich van der Walt 071 883 2784

Web: ENV82440 ZAR 2,9 million

Central

Miederpark

Zannè Kruger 076 714 2529

450m²

E M XC A LU N S D IV A T E E

Web: ENV94799 ZAR 2,68 million

Web: ENV97048 ZAR 1,35 million

705m²

Jürgen Schreck 071 378 0203

Web: ENV95037 ZAR 1,2 million

200m²

Potchefstroom · Tel. +27(0)18 297 5777 65 Retief St, Potchefstroom Potchefstroom@engelvoelkers.com · www.engelvoelkers.com/potchefstroom

E M XC A LU N S D IV A T E E

North West · Hartbeespoort Dam

Schoemansville

Developer 5xHouses

5xStands

Estate

Port Provence

Teresa Viljoen 081 460 0518

Web: ENV77955 ZAR 4,78 million

633m²

Guesthouse

1488m²

E M XC A LU N S D IV A T E E

10x Properties

Schoemansville Web: ENV97295 ZAR 22,5 million

Westlake

Beau Rivage

Alan Grobler 072 285 5025

301m²

776m²

Estate

Moira Becker 082 374 4349

Web: ENV91128 ZAR 2,999 million

387m²

1020m²

Kosmos Village Lorna Stander 071 435 2160

300m²

11,343m²

Boat Site

Lorna Stander 071 435 2160

2,44ha

748m²

Estate

Xanadu Eco Estate Maryka Broodryk Web: ENV95642 079 514 3180 ZAR 2,65 million

816m²

400m²

Kosmos Village Web: ENV55274 ZAR 2,3 million

Web: ENV95161 ZAR 3,95 million

E M XC A LU N S D IV A T E E

Web: ENV92808 ZAR 3,19 million

Moira Becker 082 374 4349

E M XC A LU N S D IV A T E E

Teresa Viljoen 081 460 0518

La Camargue Web: ENV41894 ZAR 550 000

Excellent

Dam

Hartbeespoort · Tel. +27(0)12 111 1080 Shop 18A, Village Mall, c/o R511& Magalies Boulevard, Schoemansville, Hartbeespoort Hartbeespoortdam@engelvoelkers.com · www.engelvoelkers.com/hartbeespoortdam

Marina Roux 078 011 7877

1191m²

Web: ENV96891 ZAR 490 000

Building Plans

Estate

Western Cape · Winelands

Stellenbosch Kobus Taljaard 079 499 7239

Stellenbosch

Franschhoek Web: ENV87048 ZAR 15,95 million

Annelise Atkins 082 560 8351

Web: ENV95189 ZAR 7,35 million

Mia Heymann 060 583 5180

Web: ENV90510 ZAR 7,25 million

OB 6

155.68ha

Workshop

450m²

370m²

Stellenbosch

Stellenbosch Johann Du Toit 082 572 5273

390m²

Web: ENV90292 ZAR 6,995 million

Johann Du Toit 082 572 5273

770m²

Estate

Paarl Web: ENV64599 ZAR 6,8 million

Barbara Jackson 076 901 7397

Web: ENV96650 ZAR 5,5 million

P 2

385m²

954m²

483m²

1407m²

4½

300m²

E M XC A LU N S D IV A T E E

Franschhoek

Kylemore

Franschhoek Annelise Atkins 082 560 8351

Web: ENV96756 ZAR 5,2 million

Anton Breytenbach 072 529 5838

Web: ENV96629 ZAR 2,775 million

Annelise Atkins 082 560 8351

Web: ENV95196 ZAR 1,8 million

FT 3

297m²

513m²

2½

198m² Mountain Estate

608m²

Estate

Country Living

Stellenbosch · Tel. +27(0)21 861 7777 Stellengracht Building, 1 Plein Street, Stellenbosch, 7599 Stellenbosch@engelvoelkers.com · www.engelvoelkers.com/stellenbosch

E M XC A LU N S D IV A T E E

Western Cape · Durbanville & Surrounds

Sontraal Heights Antoinette Swanepoel Web: ENV94666 082 376 2373 ZAR 8 million

Welgedacht Antoinette Swanepoel 082 376 2373

Web: ENV90043 ZAR 6,895 million

Fairtrees Estate, Sontraal Jessica Kolver Web: ENV96018 074 888 2132 ZAR 3,75 million

P 5

Eversdal Jessica Kolver 074 888 2132

340m²

E M XC A LU N S D IV A T E E

Web: ENV96671 ZAR 2,985 million

Ridgeworth Jessica Kolver 074 888 2132

Web: ENV88666 ZAR 2,222 million

3½

538m²

Falcon Crest, Tyger Valley Antoinette Swanepoel Web: ENV96529 082 376 2373 ZAR 2,3 million

105m²

Balcony Intercom

24H

275m²

Sonstraal Heights Antoinette Swanepoel Web: ENV91909 082 376 2373 ZAR 2,25 million

2½

E M XC A LU N S D IV A T E E

Sonstraal Heights Antoinette Swanepoel Web: ENV96053 082 376 2373 ZAR 1,99 million

Jessica Kolver 074 888 2132

200m²

Estate

Blommendal Web: ENV95233 ZAR 1,59 million

P 2

94m²

Balcony Intercom Basement

2½

129m²

Durbanville · Tel. +27(0)21 020 0136 Unit 13 Imperial TerracesWaterfront Road, Tyger Waterfront, Tygervalley, Bellville Durbanville@engelvoelkers.com · www.engelvoelkers.com/durbanville

Estate

2½

Mountian

Western Cape · Plattekloof & Surrounds

Plattekloof Jimmiëtte von Loggenburg 083 656 7600

640m²

Plattekloof Heinrich von Loggenburg 082 550 5981

6½

4xen suite

Web: ENV92829 ZAR 8,98 million

1300m²

Knysna Heinrich von Loggenburg 082 550 5981

Dining Room

Web: ENV97403 ZAR 15,95 million

Study

De Tijger Jimmiëtte von Loggenburg 083 656 7600

Study

1280m²

Plattekloof Heinrich von Loggenburg 082 550 5981

3½

Web: ENV92617 ZAR 10,99 million

Study

483m²

Belhar Web: ENV97198 ZAR 3,675 million

500m²

Elsie Phalane 078 447 6543

Web: ENV97070 ZAR 1,6 million

130m²

Turn your sales talent into success become an Engel & Völkers property sales specialist!

pp ly

no w

Web: ENV94696 ZAR 19,4 million

Are you a talented and ambitious salesperson with plenty of passion for real estate? Now is your chance to become part of the Engel & Völkers success story. Get started today by sending your application to Plattekloof@engelvoelkers.com.

For more information, contact Engel & Völkers Plattekloof & Surrounds on 021 911 2490 or send your CV to Plattekloof@engelvoelkers.com or sms EV CAREER PLATTEKLOOF and your name to 33282* (SMS charged at R1,50. Free minutes does not apply).

Plattekloof & Surrounds · Tel. +27(0)21 911 2490 Shop 12, Panorama Healthcare Centre, Hennie Winterbach Street, Panorama Plattekloof@engelvoelkers.com · www.engelvoelkers.com/south-africa

E M XC A LU N S D IV A T E E

Western Cape · Bloubergstrand

Yzerfontein Silvia Salm 084 614 0586

Port Owen Web: ENV96282 ZAR 18,95 million

Andrew Maspero 081 425 9748

Big Bay Web: ENV95348 ZAR 10,5 million

Silvia Salm 084 614 0586

Web: ENV92454 ZAR 5,5 million

P Y

30000m²

7xSQ

4½

860m²

1600m²

Private Jetty

Yzerfontein Silvia Salm 084 614 0586

Flamingo Vlei Web: ENV94986 ZAR 4,95 million

Oﬃce

421m²

Ocean

Silvia Salm 084 614 0586

Blouberg Sands Charl Krumm 084 515 9524

347m²

631m²

Patio

Garden

E M XC A LU N S D IV A T E E

E X M C A LU N S D IV A E T E

Garden

347m²

1038m² Garden

Silvia Salm 084 614 0586

2½

Parklands North Web: ENV90425 ZAR 2,95 million

134m²

Parklands North Web: ENV88563 ZAR 3,95 million

Andrew Maspero 081 425 9748

Garden

Bloubergstrand · Tel. +27(0)21 554 2942 Shop 21, The Emporium Centre, Sandown Road, Sunningdale Bloubergstrand@engelvoelkers.com · www.engelvoelkers.com/bloubergstrand

180m²

Walled

Patio

Parklands Web: ENV96642 ZAR 2,15 million

Web: ENV90613 ZAR 2,35 million

Electric Fence

Charl Krumm 084 515 9524

1½

Web: ENV83800 ZAR 1,5 million

Western Cape · Southern Suburbs

Claremont

Upper Claremont Nicole Cornell 082 728 5984

Flatlet

Nicole Cornell 082 728 5984

Rondebosch Web: ENV96257 ZAR 4,995 million

Excellent

Nicole Cornell 082 728 5984

Web: ENV96919 ZAR 3,65 million

24H

Balcony Concierge

P 1

E M XC A LU N S D IV A T E E

5/6

Web: ENV97292 ZAR 7,2 million

Plumstead Jo Mitchell 083 227 9771

Web: ENV96665 ZAR 3,55 million

Rondebosch Village Paula Caradoc-Davies Web: ENV97117 083 711 6096 ZAR 3,2 million

Rondebosch Nicole Cornell 082 728 5984

Web: ENV96976 ZAR 2,65 million

P 4

Garden

97m²

197m² Excellent

75m²

Mountain Balcony

Southern Suburbs · Tel. +27(0)21 671 9274 St Albans on Cavendish, 2 Osborne Road (Cnr of Cavendish and Osborne), Claremont SouthernSuburbs@engelvoelkers.com · www.engelvoelkers.com/southernsuburbs

M D A U N A D L A T E

Western Cape · Kalk Bay

Kalk Bay Jackie de Waal 084 581 0404

129m²

Ocean

The best address for prime addresses both globally and locally

M J A OI N N D T A T E

· Welcome Home ·

Web: ENV84372 ZAR 3,5 million

Engel & Völkers News We have moved The Kalk Bay Engel & Völkers team is, as always, at your service and can now be found in the Orange Building, 64 Main Road, Kalk Bay. Our contact details are: Jackie de Waal 084 581 0404 · jackie.dewaal@engelvoelkers.co.za Frances Charles 079 498 0069 · frances.charles@engelvoelkers.co.za Belinda Sloan 082 828 4746 · belinda.sloan@engelvoelkers.co.za

Muizenberg Belinda Sloan 082 828 4746

126m²

Ocean

E M XC A LU N S D IV A T E E

Web: ENV95906 ZAR 3,495 million

Muizenberg Frances Charles 079 498 0069

Web: ENV97328 ZAR 1,35 million

Our new offices in Kalk Bay, which will soon undergo its transformation to the unique shop concept.

91m²

254m²

Walled

Kalk Bay Office · Tel. 0860 22 77 77 Orange building, 64 Main road, Kalk Bay. KalkBay@engelvoelkers.co.za · www.engelvoelkers.com/south-africa

S A O N LE D A T E M

M J A OI N N D T A T E

Western Cape · Atlantic Seaboard & City Bowl

Camps Bay Hans de Lange 083 295 1662

Furnished 500m²

Hout Bay Hans de Lange 083 295 1662

Web: ENV95548 ZAR 26,9 million

640m²

1685m²

Ocean

Fresnaye Julie Haggiyannes 083 456 7303 Hans de Lange 083 295 1662

Web: ENV96936 ZAR 24,85 million

Armed Response

E M XC A LU N S D IV A T E E

Web: ENV54892 ZAR 35 million

Camps Bay Julie Haggiyannes 083 456 7303 Hans de Lange 083 295 1662

Web: ENV97044 ZAR 25 million

Fresnaye Judith Horne 079 565 7857 Hans de Lange 083 295 1662

Web: ENV95967 ZAR 16,5 million

Gardens Jean Lalonde 072 211 2024 Hans de Lange 083 295 1662

P 3½

358m²

24H

Hout Bay Jean Lalonde 072 211 2024 Hans de Lange 083 295 1662

205m²

Mountain

Underﬂoor Heating

371m²

E M XC A LU N S D IV A T E E

Web: ENV92609 ZAR 16,3 million

490m²

Solar Heating

Web: ENV90356 ZAR 15,9 million

Balcony

Hout Bay Enzo Lezzi 082 974 1128 Amanda Croker 082 437 7137

7950m²

Web: ENV73164 ZAR 11,995 million

Armed

City Centre Jean Lalonde 072 211 2024 Hans de Lange 083 295 1662

330m²

Web: ENV94606 ZAR 9,85 million

Camps Bay · Tel. +27(0)21 438 8722 Shop 6, Central Parade, cnr Camps Bay Dr & 89 Victoria Rd, Camps Bay CampsBay@engelvoelkers.com · www.engelvoelkers.com/campsbay

Tamboerskloof Mongezi Mevana 074 557 2568 Web: ENV93932 Hans de Lange 083 295 1662 ZAR 7,75 million

E M XC A LU N S D IV A T E E

M J A OI N N D T A T E

E M XC A LU N S D IV A T E E

Western Cape · Atlantic Seaboard & City Bowl

3½

250m²

470m²

Hout Bay Enzo Lezzi 082 974 1128 Amanda Croker 082 437 7137

City

Web: ENV67846 ZAR 5,5 million

Hout Bay Teresa Hills 076 367 6551 Hans de Lange 083 295 1662

233m² Mountain

Sea Point Judith Horne 081 463 0282 Hans de Lange 083 295 1662

Web: ENV97109 ZAR 6,6 million

Web: ENV96392 ZAR 3,95 million

Hout Bay Teresa Hills 076 367 6551 Hans de Lange 083 295 1662

242m²

Web: ENV96516 ZAR 5,995 million

2088m²

City Centre Charles Turner 072 965 7487 Hans de Lange 083 295 1662

Web: ENV91548 ZAR 3,4 million

ST 3

2271m²

57m²

Ocean

Gate

City Centre Rose Polic 083 258 6619

Web: ENV95075 ZAR 3,25 million

92m²

97m²

Balcony

24H

S A O N LE D A T E M

Gardens Janine Zillmann 084 409 6934 Hans de Lange 083 295 1662

Web: ENV97279 ZAR 2,2 million

Hout Bay Karin vd Westhuizen 079 796 1076 Web: ENV96514 Hans de Lange 083 295 1662 ZAR 1,3 million

ST 1

E M XC A LU N S D IV A T E E

56m²

Sea Point · Tel. +27(0)21 434 4460 · SeaPoint@engelvoelkers.com Cape Town City Bowl · Tel. +27(0)21 462 5226 · CityBowl@engelvoelkers.com www.engelvoelkers.com/seapoint · www.engelvoelkers.com/capetown

Intercom

FT 626m²

Ocean

COPRORATE NEWS

Q&A In the Spotlight ... “Special occasions are made to be celebrated, and March sees us celebrating two of our Licence's Birthdays. We had a chat to the Licence Partners of each of the shops to gain some insight into their businesses and reflect back on where it all started. We would also like to thank them for their years of dedication and hard work, and wish them the best of success for the many years ahead.” - Craig Hutchison Engel & Völkers Southern Africa - CEO

Antoinette Swanepoel Licence Partner Engel & Völkers Durbanville & Surrounds

Celebrates 3 Years with all conveniences, restaurants and businesses.

Q> Why did you join E&V? A> In December 2004 I was head hunted by the Licence Partner of the Engel & Völkers Hartbeespoort Dam shop at the time. I could not resist the brand, the image and the systems that put us ahead of our competitors. We have a clean, neat and professional image and I believe Engel & Völkers is a market leader. Q> Since you opened your licence, what has your experience been within the E&V group? A> Cherry Grobler and I became the new Licence Partners of the Engel & Völkers Hartbeespoort Dam Licence in April 2014. The opportunity for growth was tremendous and the challenge for us to take on a licence in the Western Cape could not be resisted. We expanded our reach to the Durbanville and surrounds, where after I relocated here to take on the running of the new licence. We have since then built the best great sales and admin team possible. One of my highlights in my career was attending the Licence Partner training in Hamburg in 2016. Q> Can you tell us a bit about your licence area? A> Our Licence area is vast and very diverse. Our shop is located at the Tyger Waterfront, which is a hub of activity with its mixture of residential and commercial space, quite unique for the Northern Suburbs. Tyger Waterfront offers a modern, city-living feel,

The Durbanville/Bellville area is centrally located and situated within close proximity to the main highways of the Western Cape, which makes it a convenient area in which to live as it is easy to access the CBD of Cape Town. It is a very scenic area, with its lush trees and farm-like atmosphere, offering many homeowners a relaxed and calm living experience. It offers popular suburbs to live in, and homes offer good value for money with relatively large family homes being sold for reasonable prices. The area offers also various public and private schools, golf courses, excellent medical facilities and various shopping malls. One of the main attractions of the area is its wine route and is home to many awardwinning wine cellars and award-winning wines, and is also close to other Cape Winelands regions. It is very well situated for access to all the other splendours that Cape Town offers, easy access via the N1 and is just 25 kms from the CBD of Cape Town, and about 15km from CT International Airport. Q> What areas do you currently cover? A> Our shop is still growing in the area. Suburbs that we cover at present are the prestigious Welgedacht Estate, situated in the Tygerberg Hills area of Bellville, north of the N1. Durbanville suburbs include Eversdal, Eversdal Heights, Valmary Park, Sonstraal Heights. We will soon be expanding our wings to Kuilsrivier. Q> What does your current team look like and what are your plans for expanding? A> We are still a growing team currently undergoing great expansion to meet the

demands of our licence area. Recruitment is an on-going process. Q> What are your plans for the year ahead? A> Recruitment remains one of our main objectives. This is always a difficult task as our standards are very specific, so our new recruits need to meet these standards to form part of our current team. Our immediate target is to grow our team with at least another 12 sales advisors.

Engel & Völkers Durbanville & Surrounds Unit 13, Imperial Terraces, Waterfront Road, Tyger Waterfront, Bellville Tel: +27(0)21 020 0136 Durbanville@engelvoelkers.com

Roger Mortlok Chief Operating Officer Engel & Völkers Southern Suburbs

Celebrating 8 Years

LIPA FEATURE Q> Can you tell us a bit about your licence area? A> The Southern Suburbs is an incredibly diverse area, consisting of large family homes with sprawling gardens bordering on areas with trendy apartments mixed with commercial buildings, restaurants, art galleries and some of the most prestigious private schools in the country. Wine farms, historical homes, presidential homes and areas of natural beauty. Q> What areas do you currently cover? A> Our office has a prominent corner location in Claremont, which has been earmarked as the new business district in the Southern Suburbs. This year we are focusing and building market share in the surrounding areas, particularly Claremont Upper, Rondebosch, Lynfrae, Upper Wynberg, Upper Kenilworth, Plumstead and Lower Constantia. Q> What does your current team look like and what are your plans for expanding? A> We have a team of 6 exceptional sales advisors at the moment, with myself heading the office as the Chief Operating Officer and Delia Walters as the Office Manager. We will be expanding with a mix of experienced and intern agents in the near future. We believe in steady sustainable growth and building a strong cohesive team. Careful consideration is given when adding a new member to the team and the dynamic changes to ensure we maintain a harmonious working environment. Q> What is your connection to property? A> I have been in property since 2006 faced numerous challenges during the property crisis that began with a sudden shock in 2008, which I was fortunate enough to overcome. I

owned a property franchise covering the Fourways area in the northern belt of Johannesburg before joining the migration down to the beautiful Cape.

the Southern Suburbs, to penetrate the market by distinguishing ourselves from our competitors and to offer a superior service to our clients.

Q> How do you view your market area? A> The Southern Suburbs is known to consistently perform above the average national property growth rate, achieving top prices due to the desirability of the area, the high demand, and the presence of excellent schools and educational institutions. Since the end of last year we have definitely noticed purchasers becoming reluctant to pay such high prices. There was a tendency for properties to go to market well over priced and then sit for 3 to 4 months with no sale. It seems some sellers are catching onto this and are now willing to launch with more realistic asking prices. We firmly believe a seller will achieve a better price with less inconvenience by going to market with a realistic price, and being less negotiable than inflating it and allowing the property to sit and become stale.

Q> What does the market prices look like in your area? A> For first time buyers in the Southern Suburbs, entry level homes in Plumstead and Diepriver start at about R1.9 million for a 2 / 3 bedroomed home. Flats in these same areas can cost anything from R1.3 million for a 2 bedroom. Entry level in lower Constantia is around R5.5 million and in Rondebosch Village, which is entry level to Rondebosch a semi- detached cottage could cost anything from R3 million upwards. Upper Claremont, Upper Kenilworth and Upper Wynberg family homes start at around the R5 million mark.

Q> What do you think E&V offers your market? A> I believe E&V is a truly international brand well suited to the Southern Suburbs as it caters for foreign investors and we are able to find these investors a place to call home, or to sell the exclusive properties within our network to overseas clients. Q> What new areas are you looking at breaking into? A> Newlands, Rosebank and Diep River is where we will be expanding into as these areas back onto those we currently cover.

Engel & Völkers Southern Suburbs St Albans on Cavendish, 2 Osborne Road,

Q> What are your plans for the year ahead? A> To grow and raise the profile of the brand in

c/o Cavendish & Osborne, Claremont Tel: +27(0)21 671 9274 SouthernSuburbs@engelvoelkers.com

Become part of our future We are currently seeking franchise partners to join us in the following areas: Residential: JHB: East Rand · Randpark · Rustenburg Plettenberg Bay · Knysna Commercial: Cape Town Metropol · Johannesburg Metropol Durban Metropol

For more information sms EV FRANCHISE and your e-mail address to 33282* or contact: Engel & Völkers Southern Africa · 0860 22 7777 SouthAfrica@engelvoelkers.com *SMS charged at R1,50. Free minutes do not apply.

International

Switzerland Graubünden, Davos

Germany Hamburg, Alstertal

Web ID: W-01EGSU Price: CHF 5,75 million

456 m²

1500m²

Web ID: W-022M2M Price: € 1,65 million

312m²

1500m²

Spain Girona, Centre-Barri Vell

885m²

Greece Dodecanese Islands, Symi

Web ID: W-023FEI Price: € 3,5 million

2,000m²

Web ID: W-01ZZRB Price: € 1,4 million

247m²

909m²

United States Mississippi, New Orleans

Oman Muscat, The Wave Muscat

Web ID: E-0024DK Price: $ 3,5 million

477.89 m²

3.24 ha

Web ID: W-0263SZ Price: OMR 535 000

541m²

668 m²

Southern Africa · Tel. +27(0)11 929 3096 Shop 6B, Centurion Lifestyle Centre, 80 Old Johannesburg Road, Centurion SouthAfrica@engelvoelkers.com · www.engelvoelkers.com/south-africa

Max 80% Max 80%

> R2.5 to ≤ R3m

> R3m

Max 80%

> R2.5m - ≤ R3m

Max 100%

Maximum loan amount based on salary Minimum Loan Amount 100K

Max LTV 70%

Max LTV 50%

Minimum and Maximum Loan Amount

SA Citizens Working Abroad

Temporary Residents/Foreign Nationals

Same as Ordinary loans - SA Citizens living and working in SA - Full time employed

Maximum loan amount based on salary Minimum Loan Amount 100K

Further Advances payable through Housing Finance Minimum loan amount of R20 000. Required Documents: latest rates & taxes account, payslip, 3 months bank statement, application form.

Income - Maximum R20 000 Fulltime employed: Further Advance Ordinary Max LTV 95% | Further Advance Building Max LTV 80% Self employed: Further Advance Ordinary Max LTV 70% | Further Advance Building Max LTV 70%

Nedbank Clients Max 100% Max 100% Max 95% Max 95% Max 90% Max 90% Max 80% Max 80% Bank to Assess Private Bank Clients

Non-Nedbank Clients

Private Bank Clients

Non-Nedbank Clients Max 100% Self Employed Max 95% Non Nedbank Client applications Max 90% will be Maxnot 80% considered

Max 100% Max 95% Max 90% Max 80% Bank to Assess

Nedbank Clients

Max 80% LTV will apply in the following instances; Max LTV 75% Must be FNB primary banked for a minimum of a year Temporary resident permit must have a remaining term of 3 years

1.The application is a joint application and the main income earner is a South African Citizen – the temporary resident must be the co-applicant and the lower income earner. 2.Proof must be supplied of the Temporary Resident having a bank account at any South African Bank. If the Temporary Resident is unemployed, no proof of listing with a bank is required. 3.Valid work permit

Max LTV 50%

Minimum Loan amount: R100 000. Maximum loan amount based on affordability

Direct Channels only

Lending on vacant land not considered

Same as Ordinary loans SA Citizens living and working in SA Full time employed

Private Clients - Full time employed: Same as Ordinary loans SA Citizens living and working in SA - Full time employed

≤ 2.5m > R2.5m - ≤ R3m > R3m - ≤ R3.5m > R3.5m - ≤ 5m > 5m

Purchase price

Private Clients - Full time employed Same as Ordinary loans SA Citizens living and working in SA - Full time employed

≤ 2.5m > R2.5m - ≤ R3m > R3m - ≤ R3.5m > R3.5m - ≤ 5m > 5m

Purchase price

Up to 25 years

Max LTV 50%

Minimum Loan amount R20 000 Maximum Loan amount R650 000

Max 85%

Max 85% > R3m

Income - Between R3 500 and R20 000

Max 90%

< R3m

Further Loans

FNB clients

Max 90%

Max 95%

Maximum LTV 60% Minimum land size - 150m2 Maximum land size - 2 Hectares

Non FNB clients

RMB Criteria would apply

Private Bank Clients

Not Considered

Maximum Ltv 60% Minimum land size 150m2 Maximum land size 25 Hectares

ABSA clients Max 90% Max 75% Max 70%

Non ABSA clients Max 90% Max 75% Max 70%

> R3m

< R3m

FNB clients

LTV between 60% and 80% depending on scoring of application Minimum land size - 120m2 Maximum land size - not stipulated - assessor will conﬁrm

Up to 95% Up to 90%

≤ R3m > R3m

Up to 75%

Up to 85%

ABSA clients Up to 90%

Vacant Land

≤ R2m > R2m - ≤ R3m > R3m

Up to 75%

Up to 85%

Private Bank Clients ABSA Private Bank Clients: ABSA Private Bank Clients:

> R3m

> R2m - ≤ R3m

≤ R2m

Max 90%

Max 95%

Max 100%

FNB clients

Building Packages - As per Ordinary Loans

Same as Ordinary loans

Private Bank Clients

Max 80%

Max 90%

> R1.5m - ≤ R2.5m

≤ R1.5m

> R3m

Max 90%

> R3m Private Bank Clients

Max 95%

Non FNB clients

Non ABSA clients Up to 90%

95%

100%

Max 100%

≤ R2.5m > R2.5m to ≤ R3m

Non FNB clients

Salaried-FNB and non-FNB transactional clients

Non SBSA clients Max 100%

> R3m

≤ R3m

Up to 90%

Up to 95%

Up to 100%

Non FNB - Max loan term 20 years FNB Clients - Max loan term 30 years

RMB Criteria would apply SBSA clients Max 100%

Max 80%

Private Bank Clients

> R3m

> R2m - ≤ R3m

≤ R2m

ABSA and Non-ABSA clients

Up to 30 years

Same as Ordinary loans

Private Bank Clients

Max 100%

Max 90%

> R1.5 to ≤ R2.5m Max 100%

Max 100%

SBSA clients

≤ R1.5m

Non SBSA clients

Up to 30 years

* Figures shown are accurate at the date of printing.

Building Loans

Ordinary loans SA Citizens living and working in SA Self Employed

Ordinary loans SA Citizens living and working in SA Full time employed

Loan Term

FINANCE

Although every effort has been made to ensure the accuracy of the contents, the Engel & Völkers group accept no liability in respect of any errors contained herein.

ALL BANKS MAXIMUM LTV’S

2015 2016 Purchase Price / Bond Amount

TRANSFER & BOND COSTS Total Transfer Transfer Costs Duty Natural Natural & & Legal Legal Person Person

TRANSFER COSTS Transfer Fee

VAT

Deeds Ofﬁce

BOND COSTS Bond Fee

VAT

Deeds Ofﬁce

Total Bond Costs

60 000.00

4 600.00

644.00

35.00

5 279.00

4 600.00

644.00

360.00

5 604.00

70 000.00

4 600.00

644.00

35.00

5 279.00

4 600.00

644.00

360.00

5 604.0

75 000.00

4 600.00

644.00

35.00

5 279.00

4 600.00

644.00

360.00

5 604.00

80 000.00

4 600.00

644.00

35.00

5 279.00

4 600.00

644.00

360.00

5 604.00

85 000.00

4 600.00

644.00

35.00

5 279.00

600.00

644.00

360.00

5 604.00

90 000.00

4 600.00

644.00

35.00

5 279.00

4 600.00

644.00

360.00

5 604.00

95 000.00

4 600.00

644.00

35.00

5 279.00

4 600.00

644.00

360.00

5 604.00

100 000.00

4 600.00

644.00

35.00

5 279.00

4 600.00

644.00

360.00

5 604.00

105 000.00

5 300.00

742.00

75.00

6 117.00

5 300.00

742.00

360.00

6 402.00

125 000.00

5 300.00

742.00

75.00

6 117.00

5 300.00

742.00

360.00

6 402.00

130 000.00

5 300.00

742.00

75.00

6 117.00

5 300.00

742.00

360.00

6 402.00

150 000.00

5 300.00

742.00

75.00

6 117.00

5 300.00

742.00

360.00

6 402.00

155 000.00

6 000.00

840.00

75.00

6 915.00

6 000.00

840.00

400.00

7 240.00

175 000.00

6 000.00

840.00

75.00

6 915.00

6 000.00

840.00

400.00

7 240.00 7 240.00

180 000.00

6 000.00

840.00

75.00

6 915.00

6 000.00

840.00

400.00

200 000.00

6 000.00

840.00

75.00

6 915.00

6 000.00

840.00

400.00

7 240.00

205 000.00

6 700.00

938.00

465.00

8 103.00

6 700.00

938.00

400.00

8 038.00

250 000.00

6 700.00

938.00

465.00

8 103.00

6 700.00

938.00

400.00

8 038.00

255 000.00

7 400.00

1 036.00

465.00

8 901.00

7 400.00

1 036.00

400.00

8 836.00

300 000.00

7 400.00

1 036.00

465.00

8 901.00

7 400.00

1 036.00

400.00

8 836.00

305 000.00

8 100.00

1 134.00

580.00

9 814.00

8 100.00

1 134.00

580.00

9 814.00

350 000.00

8 100.00

1 134.00

580.00

9 814.00

8 100.00

1 134.00

580.00

9 814.00

355 000.00

8 800.00

1 232.00

580.00

10 612.00

8 800.00

1 232.00

580.00

10 612.00

400 000.00

8 800.00

1 232.00

580.00

10 612.00

8 800.00

1 232.00

580.00

10 612.00

410 000.00

9 500.00

1 330.00

580.00

11 410.00

9 500.00

1 330.00

580.00

11 410.00

450 000.00

9 500.00

1 330.00

580.00

11 410.00

9 500.00

1 330.00

580.00

11 410.00

460 000.00

10 200.00

1 428.00

580.00

12 208.00

10 200.00

1 428.00

580.00

12 208.00

500 000.00

10 200.00

1 428.00

580.00

12 208.00

10 200.00

1 428.00

580.00

12 208.00

510 000.00

11 600.00

1 624.00

580.00

13 804.00

11 600.00

1 624.00

580.00

13 804.00

600 000.00

11 600.00

1 624.00

580.00

13 804.00

11 600.00

1 624.00

580.00

13 804.00

610 000.00

13 000.00

1 820.00

815.00

15 635.00

13 000.00

1 820.00

810.00

15 630.00

700 000.00

13 000.00

1 820.00

815.00

15 635.00

13 000.00

1 820.00

810.00

15 630.00

710 000.00

14 400.00

2 016.00

815.00

17 231.00

14 400.00

2 016.00

810.00

17 226.00

800 000.00

14 400.00

2 016.00

815.00

17 231.00

14 400.00

2 016.00

810.00

17 226.00

810 000.00

15 800.00

2 212.00

930.00

18 942.00

15 800.00

2 212.00

935.00

18 947.00

900 000.00

15 800.00

2 212.00

930.00

18 942.00

15 800.00

2 212.00

935.00

18 947.00

910 000.00

17 200.00

2 408.00

930.00

300.00

20 838.00

17 200.00

2 408.00

935.00

20 543.00

1 000 000.00

17 200.00

2 408.00

930.00

3 000.00

23 538.00

17 200.00

2 408.00

935.00

20 543.00

1 100 000.00

17 900.00

2 506.00

1 050.00

6 000.00

27 456.00

17 900.00

2 506.00

1 050.00

21 456.00

1 200 000.00

18 600.00

2 604.00

1 050.00

9 000.00

31 254.00

18 600.00

2 604.00

1 050.00

22 254.00

1 300 000.00

19 300.00

2 702.00

1 050.00

13 500.00

36 550.00

19 300.00

2 702.00

1 050.00

23 052.00

1 400 000.00

20 000.00

2 800.00

1 050.00

19 500.00

43 350.00

20 000.00

2 800.00

1 050.00

23 850.00

Purchase Price / Bond Amount

Total Transfer Transfer Costs Duty Natural Natural & & Legal Legal Person Person

TRANSFER COSTS Deeds OfďŹ ce

BOND COSTS Deeds OfďŹ ce

Total Bond Costs

Transfer Fee

VAT

1 500 000.00

20 700.00

2 898.00

1 050.00

25 500.00

50 148.00

20 700.00

2 898.00

1 050.00

24 648.00

1 600 000.00

21 400.00

2 996.00

1 050.00

31 500.00

56 946.00

21 400.00

2 996.00

1 050.00

25 446.00

Bond Fee

VAT

1 700 000.00

22 100.00

3 094.00

1 050.00

37 500.00

63 744.00

22 100.00

3 094.00

1 050.00

26 244.00

1 800 000.00

22 800.00

3 192.00

1 050.00

44 500.00

71 542.00

22 800.00

3 192.00

1 050.00

27 042.00

1 900 000.00

23 500.00

3 290.00

1 050.00

52 500.00

80 340.00

23 500.00

3 290.00

1 050.00

27 840.00

2 000 000.00

24 200.00

3 388.00

1 050.00

60 500.00

89 138.00

24 200.00

3 388.00

1 050.00

28 638.00

2 100 000.00

24 900.00

3 486.00

1 275.00

68 500.00

98 161.00

24 900.00

3 486.00

1 456.00

29 842.00

2 200 000.00

25 600.00

3 584.00

1 275.00

76 500.00

106 959.00

25 600.00

3 584.00

1 456.00

30 640.00

2 300 000.00

26 300.00

3 682.00

1 275.00

86 000.00

117 257.00

26 300.00

3 682.00

1 456.00

31 438.00

2 400 000.00

27 000.00

3 780.00

1 275.00

97 000.00

129 055.00

27 000.00

3 780.00

1 456.00

32 236.00

2 500 000.00

27 700.00

3 878.00

1 275.00

108 000.00

140 853.00

27 700.00

3 878.00

1 456.00

33 034.00

2 600 000.00

28 400.00

3 976.00

1 275.00

119 000.00

152 651.00

28 400.00

3 976.00

1 456.00

33 832.00

2 700 000.00

29 100.00

4 074.00

1 275.00

130 000.00

164 449.00

29 100.00

4 074.00

1 456.00

34 630.00

2 800 000.00

29 800.00

4 172.00

1 275.00

141 000.00

176 247.00

29 800.00

4 172.00

1 456.00

35 428.00

2 900 000.00

30 500.00

4 270.00

1 275.00

152 000.00

188 045.00

30 500.00

4 270.00

1 456.00

36 226.00

3 000 000.00

31 200.00

4 368.00

1 275.00

163 000.00

199 843.00

31 200.00

4 368.00

1 456.00

37 024.00

3 100 000.00

31 900.00

4 466.00

1 275.00

174 000.00

211 641.00

31 900.00

4 466.00

1 456.00

37 822.00

3 200 000.00

32 600.00

4 564.00

1 275.00

185 000.00

223 439.00

32 600.00

4 564.00

1 456.00

38 620.00

3 300 000.00

33 300.00

4 662.00

1 275.00

196 000.00

235 237.00

33 300.00

4 662.00

1 456.00

39 418.00

3 400 000.00

34 000.00

4 760.00

1 275.00

207 000.00

247 035.00

34 000.00

4 760.00

1 456.00

40 216.00

3 500 000.00

34 700.00

4 858.00

1 275.00

218 000.00

258 833.00

34 700.00

4 858.00

1 456.00

41 014.00

3 600 000.00

35 400.00

4 956.00

1 275.00

229 000.00

270 631.00

35 400.00

4 956.00

1 456.00

41 812.00

3 700 000.00

36 100.00

5 054.00

1 275.00

240 000.00

282 429.00

36 100.00

5 054.00

1 456.00

42 610.00

3 800 000.00

36 800.00

5 152.00

1 275.00

251 000.00

294 227.00

36 800.00

5 152.00

1 456.00

43 408.00

3 900 000.00

37 500.00

5 250.00

1 275.00

262 000.00

306 025.00

37 500.00

5 250.00

1 456.00

44 206.00

4 000 000.00

38 200.00

5 348.00

1 275.00

273 000.00

317 823.00

38 200.00

5 348.00

1 456.00

45 004.00

4 100 000.00

38 900.00

5 446.00

1 750.00

284 000.00

330 096.00

38 900.00

5 446.00

1 765.00

46 111.00

4 200 000.00

39 600.00

5 544.00

1 750.00

295 000.00

341 894.00

39 600.00

5 544.00

1 765.00

46 909.00

4 300 000.00

40 300.00

5 642.00

1 750.00

306 000.00

353 692.00

40 300.00

5 642.00

1 765.00

47 707.00

4 400 000.00

41 000.00

5 740.00

1 750.00

317 000.00

365 490.00

41 000.00

5 740.00

1 765.00

48 505.00

4 500 000.00

41 700.00

5 838.00

1 750.00

328 000.00

377 288.00

41 700.00

5 838.00

1 765.00

49 303.00

4 600 000.00

42 400.00

5 936.00

1 750.00

339 000.00

389 086.00

42 400.00

5 936.00

1 765.00

50 101.00

4 700 000.00

43 100.00

6 034.00

1 750.00

350 000.00

400 884.00

43 100.00

6 034.00

1 765.00

50 899.00

4 800 000.00

43 800.00

6 132.00

1 750.00

361 000.00

412 682.00

43 800.00

6 132.00

1 765.00

51 697.00

4 900 000.00

44 500.00

6 230.00

1 750.00

372 000.00

424 480.00

44 500.00

6 230.00

1 765.00

52 495.00

5 000 000.00

45 200.00

6 328.00

1 750.00

383 000.00

436 278.00

45 200.00

6 328.00

1 765.00

53 293.00

Transfer Duty Natural & Legal Person (Valid on all agreements signed as from 1 March 2017) R0.00 - R900, 000.00 = (0%) Exempted R900,000.01 - R1,250,000.00 = 3% of the value above R900 000.00 R1,250,000.01 - R1,750,000.00 = R10 500.00 + 6% of the value above R1 250 000.00 R1,750,000.01 - R2,250,00.00 = R40 500.00 + 8 % of the value above R1 750 000.00 R2,250,000.01 - R10,000,000 = R80 500.00 + 11% of the value above R2 250 000.00 R10,000,000.00 upwards = R933 000.00 + 13% of the value above R10 000 000.00 Additional Costs - Rates, Clearances and Levies / Postages & Petties

Fighting the Winter Cold

FLU FIGHTING CHICKEN NOODLE SOUP 45-60 minutes to prepare | serves 6 INGREDIENTS Chicken: 500g boneless, thinly sliced skinless chicken breast 2 tablespoons olive oil 1 teaspoon garlic powder 1 teaspoon onion powder 1/2 teaspoon chili powder 1/2 teaspoon cayenne 1/2 teaspoon dried oregano 1/2 teaspoon dried basil kosher salt and freshly ground pepper, to taste Soup: 1 L low-sodium chicken stock 2 cups noodles 1/2 cup fresh dill 8 cloves garlic, minced 3 stalks celery, diced 2 large carrots, peeled and diced 2 sprigs rosemary 1 large onion, finely chopped 1 bay leaf 1 lemon, juiced 1/4 teaspoon red pepper flakes olive oil, as needed kosher salt and freshly ground pepper, to taste

VAPOUR RUB FOR COLD & FLU Peppermint oil + Eucalyptus oil Lavender oil + Coconut oil SOOTH DETOX FOR SORE THROAT Lemon oil + Water

PREPARATION Ÿ Preheat oven to 375º F. Ÿ Season chicken breasts generously with salt and pepper, then drizzle with olive oil and season with remaining herbs and spices. Rub everything on both sides of chicken, then transfer to a large baking dish. Ÿ Bake for 25 minutes, or until chicken is cooked through. Remove from oven and cut or shred into pieces. Set aside. Ÿ For the soup: heat 2-3 tablespoons olive oil in a large stock pot or Dutch oven over medium-high heat and sauté onion, carrot and celery until softened. 10-12 minutes. Season with salt and pepper and red pepper flakes. Ÿ Add garlic and bay leaf and cook for 1 minute, or until fragrant, then pour in chicken stock and noodles. Ÿ Bring mixture up to a boil, then reduce heat to low and simmer for 15-20 minutes, or until pasta is al dente. Ÿ Add shredded chicken to soup and stir in lemon juice and fresh dill. Taste and adjust seasoning, if necessary. Ÿ Ladle into serving bowls and serve hot.

CINNAMON MILK SHOT Great for colds & flu, sore throat, Insomnia, winter tonic, indigestion, glowy skin 1 cup warm milk Honey as per taste Half teaspoon cinnamon powder

FLU BLAST DETOX BATH Fully immerse yourself in this bath for a minimum of 20 minutes once a week A detox bath is simple to create and you probably have the ingredients you need around the house. 1-2 cups of Epsom salts 1 cup Baking soda 2 tbsps powdered ginger or ginger root (ginger root would be best 1/2 cup sea salt (optional) PREPARATION Ÿ Draw your bath as hot as you can stand it.

Pour ingredients into the bath and soak for 40 minutes. Ÿ They say the first 20 minutes is to detoxify and the last 20 is so your skin can absorb the minerals. You should be having a good sweat at this time, be sure to hydrate during your bath. I drank two glasses before, one during and two after. Ÿ When you get out of the tub, do so slowly. You are more than likely light headed at this time. Ÿ Dry off and wrap yourself in a towel and cover in a robe. You will feel very warm for at least an hour afterwards. You want to keep sweating it out!

COUGH MIX Pour 1 cup of water into a pan Add 4-5 pieces of ginger & boil Strain the liquid Add 1 tbsp honey Add the juice of ½ a lemon Drink this 3-4 times daily

DO NOT put lotion or anything on your skin after and don't eat immediately after. Give yourself that hour to let your body do its thing

HAND SANITISER FOR DAILY PROTECTION Eucaluptus oil + Vodka

PILLOW SPRAY FOR A GOOD NIGHT'S SLEEP Lavender Oil + Water

RELIEF FOR CHEST CONGESTION & COUGH Eucalyptus oil + Lime oil

COOL IT FOR FEVER & TENSION RELIVE Peppermint oil

MOISTURISER FOR DRY WINTER SKIN Lavender Oil + Coconut oil

STOMACH SOOTHER FOR NAUSEA & DIGESTION Ginger oil or Peppermint oil