27/06/24
One On Albert
WESTERN CAPE: Investment and Location
In today’s South African property market it’s no secret that Cape Town, and specifically the CBD and Atlantic Seaboard are the investment buzz areas, however the Western Cape in general is by far the preferred property area when it comes to Real Rate Of Returns and Capital Growth
Woodstock, centrally located within walking distance to these areas (approximately 4 kms), and is also on the My City bus route.
Woodstock was notoriously known for its gangster activities in years gone by, but has evolved into a modern growth area, abuzz with restaurants, office blocks, hotels, and Micro Accommodation, to name but a few activities in the area.
With numerous projects in and around the Cape Town CBD, Micro accommodation has exponential returns with short-term letting, Air BnB and long-term letting for students and young up and coming business persons.
ONE ON ALBERT is exactly one of these pioneering developments launched to the market in 2021, with 165 units.
ONE ON ALBERT is a development that qualifies for tax relief under the SARS, City of Cape Town Urban Development Zone tax scheme, Do you qualify for this tax benefit?
Currently, standing on 67% sold out, there are only 69 units left for sale and available to purchase directly from the developers. This obviously means the prices include VAT so there is NO TRANFER DUTY PAYABLE.
There are 18- (2 bedroom) units range from 37m² - 41m² in size available and are priced between R1,673 500.00 – r1,731 000.00
The remaining 51 (Studio) units are the most popular Air BnB investor options and they range from 24m² -27m² in size and price from R1,074 000.00 – r1,387 500.00
Financing is available for both First-time buyers (up 106% of purchase price) as well as seasoned investors at attractive interest rates.
There are two approved specialist rental management companies available to investors to assist with their rental and tenant management.
Luxury micro apartments are the solution to the housing shortage and young professionals are demanding well located, central, affordable housing.
This brand-new development of micro apartments offers high end fixtures, fittings and come semi furnished. Designed by award winning architects Peerutin Karol, this ideally located development is perfect for the young entrepreneur, investor looking to maximize the rate of return, the student and the Air BnB investor.
The development consists of: 8 Floors of apartments ranging from 21m² studio units to 48m² 2 bed room units, a pool area, a ground floor retail shopping area and security access control.
The building is fitted with fiber and TV/Netflix and is located on the MyCiti bus route. The building is 1,5km from Cape Town CBD and 4km from the V&A Waterfront, offering an ideal answer to both first time buyers and seasoned property investors.
Exodus Resort
Inclusive Residential Compound with Luxury Facilities Near The Beach in Alanya, Turkey
Starts from: $109,473Exodus Resort Comfort City is a luxury residential development in Alanya, Turkey. It offers a harmonious blend of comfort and quality architecture. This development provides an ideal escape from the hustle and bustle of the city, allowing residents to enjoy breathtaking sea views from their apartment balconies. Exodus Resort Comfort City creates a tranquil retreat for families seeking a private lifestyle.
This complex offers access to a wide range of social amenities that cater to different interests. From lush green spaces to well-equipped sports facilities, this community ensures that everyone can lead a healthy life without having to travel far from their new home.
The apartments at The Exodus Resort Comfort City offer a variety of layouts, including 1+1, 2+1, 3+1, and 4+1, each with sunlit balconies and functional interiors.
This development was launched by Izbir Yapi in August 2022. Izbir Yapi has a successful track record that includes previous projects such as Exodus Residence and Exodus Park Oba in Alanya. Their extensive portfolio demonstrates a commitment to quality and innovation.
Where is the Location of Exodus Resort Comfort City Property?
The Exodus Resort Comfort City properties enjoy a strategic location in Mahmutlar, Alanya, a favored destination for permanent foreign residents. This area offers comprehensive social infrastructure, stunning panoramic views, and a serene atmosphere. Homeowners may enjoy convenient access to the sea, schools, shopping centers, and transportation, including a dedicated school shuttle service.
Distance from the complex to the major amenities:
- The beach is just 3.2 km away.
- There are three schools within walking distance.
- The city center is 12 km away.
- Alanium shopping center is 21 minutes away by car.
- Gazipasa Airport is a 33-minute drive.
- There is a Mosque 2 minutes away and an Orthodox Church 8 minutes from the property.
- Public transport runs every 25–30 minutes.
The location of these apartments for sale in Alanya ensures that homeowners can easily meet their basic needs without wasting time in hectic traffic.
What are the Features of Exodus Resort Comfort City?
Here are the features of Exodus Resort Comfort City:
- The project consists of four blocks of 11-floor buildings.
- The development offers 1+1, 2+1, and 3+1 flats with balconies.
- The construction incorporates high-quality materials, finishes, and space-efficient architecture
- The compound is equipped with Solar Energy Systems, partially powering social areas with solar panels.
- On-site Facilities: Two Outdoor Swimming Pools, Aquapark, Indoor Swimming Pool, Children's Swimming Pool, Pergolas & BBQ Areas, Walking and Jogging Areas, and Children's Playground.
- Spa Zone: Fitness Center, vitamin bar, massage rooms, Turkish bath, Russian sauna, steam room, VIP spa (massage rooms, rest area).
- Game Zone: Café-Bar, bowling, billiards, table tennis, TV, cinema rooms, mini club, PlayStation and game room, entertainment area, and disco.
- Business Zone: Meeting Rooms, Co-working Areas, conference hall, and management rooms
- Bazaar Zone: shopping centers, car rentals, laundry, and hairdressers.
- Additional Services: 24/7 Security, high-speed Wi-Fi, satellite television, electricity generator in case of emergency shutdowns.
What are the Reasons to Buy Property From Exodus Resort Comfort City?
Key reasons for choosing this property include:
- Affordable prices with premium quality.
- Different apartment options (1+1, 2+1, 3+1, and 4+1).
- Garden apartments with jacuzzi options.
- Stunning sea, garden, and natural views.
- Year-round operating social areas.
- Profitable investment opportunity.
For Whom is Exodus Resort Comfort City Suitable?
The property is suitable for the following:
- Families looking for a comfortable lifestyle
- Individuals who are looking for a home close to social amenities
- Investors searching for profitable property investments
Is Exodus Resort Comfort City Suitable for Families with Children?
Yes, because this Turkish property offers spacious apartments, green spaces, and year-round social areas for family enjoyment.
Is Exodus Resort Comfort City suitable for singles?
Yes, as it consists of low-maintenance 1+1 apartments and is conveniently located close to amenities that promote a hassle-free lifestyle.
Is Exodus Resort Comfort City Suitable For Who Wants to Be Turkish Citizen?
Yes, by investing in Exodus Resort Comfort City you can apply for Turkish citizenship and enjoy these benefits:
- Visa-free travel to 114 countries and simplified visa procedures for other nations.
- Potential for a European passport.
- Easier business establishment connecting Asia and Europe.
- Fast 4-month citizenship and passport processing.
- Multinational authorization without asset declaration.
- Access to comprehensive medical insurance and quality education.
- Safety, democracy, and free-living privileges in Middle Eastern-European Turkey.
What are The Payment Methods of Exodus Resort Comfort City?
Flexible payment terms with exclusive cash discounts for Istanbul Property clients.
Turkish Citizenship
What are the Ways to Obtain Turkish Citizenship by Investment?
The most common way to acquire Turkish citizenship is by investment. Foreigners have the opportunity to become Turkish citizens by investing in the country. This privilege gives the investor the right to apply for Turkish citizenship by submitting certain documents and following a certain legal procedure through designated authorities.
Any foreigner who meets the specified conditions can acquire citizenship by filing a proposal to the Ministry and waiting upon the decision of the Council of Ministers within the scope of the law.
The methods of obtaining Turkish Citizenship by investment are listed below:
1. Purchasing a Property Worth at Least $400,000
Purchasing an immovable property for $400.000 or more and making an annotation stating that this immovable will not be sold for 3 years to be issued from the title deed registry office.
2. A Capital Investment Worth at Least $500,000
One of the most common ways to comply with Turkish Citizenship application regulations is to make a capital investment of $500,000 or more.
3. Create at Least 50 Employment or Start a Firm with a Capital of $500,000
It has been determined by the Ministry of Labor and Social Security that if a foreigner creates employment for at least 50 people then the investor is eligible to obtain citizenship through their investment.
4. $500,000 or Equivalent Deposit in a Turkish Bank Account
The person who deposits $500,000 or its equivalent in foreign currency or TL in Turkish banks, provided that they do not withdraw it for at least 3 years, has the same opportunity.
5. Buy the Internally Held Public Debt of At Least Worth $500,000
Securities traded by qualified investors with the least risk and often with the assurance of the government are called debt instruments. The determination regarding the purchase of government debt instruments amounting to $500.000 or more is made by the "Ministry of Treasury and Finance".
6. Real Estate Investment Fund Participation Share or Capital Investment Fund Participation Share
A person who buys real estate investment fund participation shares or venture capital investment fund participation shares of at least $500.000 or equivalent in foreign currency or TL and undertakes to keep them for at least 3 years also acquires the right of citizenship within this scope.
Documents Required for Turkish Citizenship by Investment
Specific documents are required to become a Turkish citizen by investment. Accordingly, the following documents must be completed before the application:
Application form containing the relevant application path,
Identity document obtained from the applicant's home country,
If the foreigner is married, the spouse's identity document, if they have children under the age of 18, their identity documents,
Documents proving family ties with family members (marriage certificate, etc.),
Passport photos of other family members,
Birth certificate,
If the spouse or other relatives of the foreigner applying are Turkish citizens, their IDs photocopies and residence information,
Documents, receipts, etc. regarding the payment made before the application.
Apart from these documents, there are also other documents required for the process of real estate purchases by foreigners. The documents are listed below:
Passport and photocopy of the foreign person who will buy the immovable, together with its Turkish translation,
Real estate value certificate obtained from an authorized real estate appraisal company,
If the immovable property is a residence or workplace, a compulsory earthquake insurance policy,
One biometric photo of the person selling the real estate, 2 biometric photos of the buyer,
If the foreigner does not speak Turkish, a certified public translator must be available.
If the sale of real estate is made by a proxy, the original copy of the power of attorney. If the power of attorney is not issued in Turkey, it’s Turkish translated by a sworn translator.
After finalizing the real estate purchase, an application for a short-term residence permit is required. The documents required for a short-term residence permit application are as follows:
Application form containing residence permit request,
The original passport and a photocopy of the relevant pages provided that the validity of the passport should exceed the requested duration of the residence permit by at least 60 days period,
4 biometric photographs taken within the last 6 months,
A valid health insurance policy to cover the requested residence period,
Application fees payment receipt and necessary valuable papers,
The title deed registration document of the purchased real estate.
What are the Other Ways to Obtain Turkish Citizenship by Investment?
Turkish Citizenship Law clearly states that citizenship can be obtained in two ways; by birth or by later acquirement. Being a Turkish citizen by birth is a situation related to the person's birthplace or citizenship bond with his mother and father.
Other than that, the way to acquire citizenship is to win later. Post-acquisition can also take various forms. Accordingly, it is possible to rank the ways of earning later as follows:
Acquisition of Turkish Citizenship by the decision of the competent authority
Acquiring Turkish citizenship through marriage
Acquiring Turkish Citizenship through the adoption
To briefly touch on other ways of earning:
The possibility of regaining Turkish citizenship has been arranged for people who have somehow lost their Turkish citizenship.
In the way of choice, there is a right granted to people who lose their citizenship rights due to the citizenship change of their parents. According to this, people who have renounced Turkish citizenship against their will return to Turkish citizenship by using the method of election.
In addition, some important personalities, and people with certain characteristics can be naturalized exceptionally, even if they do not meet the general conditions for naturalization.
How to Get Turkish Citizenship for Spouse and Children?
Your spouse (husband or wife) and dependents (children under the age of 18 at the time of application) are eligible for citizenship. Same-gender marriages, polygamy, and other forms of relationships are illegal in Turkey. As a result, a spouse must be of the opposite sex, and the pair must be lawfully married. In addition, only one of a man’s wives is eligible for Turkish citizenship if he has more than one.
How Long Does it Take to Obtain Turkish Citizenship by Investment?
By purchasing real estate of US$400,000 or more, the right to apply for Turkish citizenship is provided over a period ranging between 2-4 months at the latest. Depending on the situation, this period may be even shorter. If the documents required for citizenship applications must be complete, the process is completed within a reasonable time. Otherwise, missing information and documents are obtained from the concerned legal entities, and the finalization of the transaction will vary according to the procurement period.
Do I Need to Learn Turkish to Get Turkish Citizenship?
There is no requirement to learn the Turkish language while applying for Turkish citizenship.
Is There a Difference Between Normal Turkish Citizenship and New Turkish Citizenship?
No. According to the Law on the Human Rights and Equality Institution of Turkey, ARTICLE 1- (1) The purpose of this Law; human rights based on human dignity.
Turkey’s Human Rights and Equality, to protect and develop the right to equal treatment, to prevent discrimination in the enjoyment of legally recognized rights and freedoms, to operate in line with these principles, to fight torture and ill-treatment effectively, and to fulfill its duty as a national prevention mechanism in this regard. It is the regulation of the principles regarding the establishment of the institution, its organization, duties, and powers.
Military Service for Foreigners Who Became Turkish Citizens
Under Article 43 of the Recruitment Law No. 7179; Those who acquire Turkish citizenship later, perform their military service like obligatory persons who entered the military age in that year, according to their age and educational status at the time of citizenship. Those who certify that they did or are deemed to have fulfilled their military service in the countries they came from before they were granted Turkish citizenship, and those who were 22 years of age or older in the year they were naturalized, are considered to have served in the military.
Can My Citizenship Be Canceled After Gaining Turkish Citizenship?
The Turkish citizenship of persons determined by the official authorities to have committed the following actions can be lost with the proposal of the Ministry and the decision of the Council of Ministers:
Despite the fact that they are notified by the foreign representatives abroad and by the local administrative chiefs in the country that they have to do any service that does not comply with the interests of Turkey and leave this duty, they are given this duty by their own will within a suitable period of not less than three months.
Those who continue to work voluntarily without the permission of the Council of Ministers in all kinds of services of a state at war with Turkey.
Those who voluntarily do their military service in foreign government service without obtaining permission.
Can I Have Dual Citizenships?
Turkey allows dual citizenship by law, if the country of the application allows multiple citizenships, anyone who meets the conditions declared by the country can apply.
I do not Have an Official Job, Can I Get Citizenship?
Yes. If you act in accordance with the general citizenship acceptance rules, whether you have an official job or not is not an obstacle to Turkish Citizenship.
What are the Advantages of Obtaining Turkish Citizenship?
According to the Henley Passport Index, Turkish citizens had visa-free or visa-on-arrival access to 110 countries and territories as of January 5, 2021. However, many nations need a visa but give it to Turkish residents on lenient terms.
In the context of the negotiations and international agreements between Turkey and the EU, it is expected that if Turkey joins the EU, Turkish citizens will have significant advantages in obtaining a Schengen visa to enter European countries, which could lead to future negotiations to grant Turkish passport holders visa-free access to European countries.
What are the Advantages of Investing in Turkey?
Direct foreign investors may benefit from the same privileges available to local nationals. Direct investment is made through establishing branches, businesses, or partnering with existing enterprises.
However, there is no incentive to purchase stock or bonds. As a result, only long-term direct investors may utilize the state services. The advantages of investing in Turkey are listed below.
An improved and thriving economy: Turkey’s GDP, the country’s most important metric, increased from 231 billion to 820 billion dollars over the past period.
The Increase Rate of Youth Population: When it comes to investing in a place that requires skilled youngsters and trained workers, Turkey’s youthful population surpasses other European nations. Moreover, Turkey is Europe’s most populated country, which ensures that any investor launching a business in Turkey would not face labor shortages.
Flexibility of the investment atmosphere in Turkey: The Investment atmosphere in Turkey is conforming in a way that encourages different types of investors. This provides positive flexibility for those investors. This flexibility is guaranteed by legal regulations. Many nations face hurdles in conducting foreign investments, but Turkey, a member of the Organization for Economic Co-operation and Development (OECD), started taking control over such barriers in 1997. Turkey has recently reached a point where a business is established every six days, and the government treats all investors equally, fostering a competitive atmosphere.
The investment infrastructure: One of the most important motivations for foreign investors to invest is to offer the required infrastructure for investment and low transportation costs. Consequently, Turkey’s fundamental infrastructure has boomed, attracting foreign investment.
The perfect geographical location: Turkey, due to its geographic location, acts as a natural link between Asia and Europe and has an important place between the two continents. Therefore, it has welcomed numerous business connections between the East and the West.
Largest power plant and terminal in Europe: Turkey is a prominent actor in the Asia-European energy trade sector. It participates in the transmission of energy and cash movement from west to east.
Low costs of taxation in Turkey: The institutional profit tax on foreign investors has been cut from 33% to 20% as a way to encourage them to invest in Turkey. Foreigners may be exempted from this tax in several cases. Investors can also engage in other state initiatives like land distribution and incentive schemes.
Membership in the European Customs Union: The European Customs Union always aims to expand Economic possibilities and activities. Turkey has been a member of this customs union since 1996, and the members of the association have signed 20 free trade agreements. Through the signing of new contracts, these commercial connections are growing every day.
Fees and Other Expenses Required During the Process of Acquiring Turkish Citizenship by Investment
In the sale of real estate, there is a title deed fee payment that varies according to the value of the real estate. In addition, there is a revolving fund fee and a service fee paid to the Land Registry Directorate.
As we mentioned above, this process is not a one-step process. Whichever investment method is preferred, many applications are required and the number of transactions to be made increases accordingly. However, in general, we can talk about the existence of the following expense items:
Service fee paid to the State before all these applications,
Costs of measurement evaluations made by the Capital Markets Board,
Compulsory earthquake insurance fee,
Certified translation and notary expenses,
Amounts paid for documents received from different authorities.
25/06/24
Atlas cesme
Beachside Apartments with Recreational Facilities in Izmir, Turkey
Starts from: $280,000
Atlas Cesme is a resort-style development rising in the charming town of Cesme, Izmir. Its exquisite low-rise architecture and calm ambiance make it a perfect haven for those seeking a seaside lifestyle. The property also boasts high-end amenities that bring a holiday atmosphere to your doorstep.
With all these privileges, Atlas Cesme offers attractive investments for both permanent family residences and holiday getaways.
This coastal gem offers a range of spacious 1+1 to 2+1 floor plan apartments with stunning city views and an inviting pool area. With plenty of sunshine on the balconies, you can enjoy a delightful blend of comfort and natural beauty. Whether you are looking for relaxation by the pool or a refreshing swim, Atlas Cesme ensures that all your leisure moments are truly remarkable.
Atlas Real Estate developed this project with a strong commitment to customer satisfaction. Their rich history in the market demonstrates their devotion to this vision.
Where is the Location of Atlas Cesme?
Atlas Cesme's location in the charming city of Cesme, Izmir, offers proximity to the famous blue sea, golden sandy beaches, and a variety of enjoyable activities. This superb location creates a calm living environment with easy access to social facilities, major amenities, and the airport.
With everything from restaurants to hospitals just a stone's throw away, living at Atlas Cesme is all about convenience and comfort.
The Distance from Atlas Cesme to the amenities nearby:
- A 4-minute drive to the golden beach.
- A 6-minute drive to the vibrant center of Cesme.
- Within an hour's drive to Izmir city center, allowing for seamless access to urban life.
- 55 minutes away from Adnan Menderes Airport, ensuring convenient travel.
- Less than 5 minutes to shopping malls, restaurants, hospitals, and other essential amenities.
Living in this property in Izmir promotes a balance between the tranquillity of the sea and the advantages of the city. The short distances to the beach, downtown, and essential services create an ideal environment for a relaxed and fulfilling lifestyle.
What are the Features of Atlas Cesme?
The main features of Atlas Cesme include:
- Six blocks, each with three stories, providing a range of 1+1 and 2+1 apartments.
- Luxurious architecture showcasing quality materials and finishes.
- Elegant bathrooms in every flat, emphasizing comfort and style.
- Multiple open swimming pools for everyone to enjoy.
- A well-equipped gym and fitness salon to support an active lifestyle.
- A family cinema for entertainment and leisure.
- 24/7 security and maintenance services for peace of mind.
- Smart home system, adding modernity to daily living.
What are the Reasons to Buy Property from Atlas Cesme?
Here's a list of the key reasons to invest in Atlas Cesme:
- The prime seaside location: near Cesme's stunning beaches, offering a coastal lifestyle.
- Tranquil living environment for relaxation.
- Convenient access to nearby amenities and the airport.
- Versatile apartments range between 1+1 and 2+1 floor plans.
- Luxurious design, modern, high-quality architecture.
- Abundant amenities: Pools, gym, cinema, and smart homes.
- 24/7 safety and upkeep services.
For Whom Atlas Cesme is Suitable for Purchase?
This development may appeal to :
- Families seeking a coastal lifestyle.
- Individuals looking for a tranquil retreat.
- Investors interested in a vacation or rental property.
Is Atlas Cesme Suitable For Families with Children?
Yes, due to its family-friendly environment, and proximity to beaches and amenities.
Is Atlas Cesme Suitable For Single People?
Yes, living in this Turkish property means enjoying a peaceful atmosphere with access to leisure activities and low-maintenance living in 1+1 apartments.
What are The Payment Methods ofAtlas Cesme?
Flexible payment terms with discounts for Istanbul Property's clients.
Verdana
Rai Properties presents luxury living in Dubai Investment Park! You're invited to explore these all-new luxury studios with flexible payment plans and exceptional values within the vibrant community.
✨ Why Rai Properties? ✨
Prime Location: Our blocks are centrally located within the hub of the Dubai Investments Park, making convenience and connectivity their hallmark.
Modern Design: Stylish interior spaces, sleek designs, and spacious room designs for modern living.
Luxury Amenities: A gym, pool, and landscaped gardens.
Your Dream Home Awaits!
Attractive Payment Plans: Customized solutions according to your financial needs.
Investment Opportunity: High rental yields with further potential capital growth.
Get in touch now!
Key to your future in Dubai with Rai Properties. Book your viewing now!
Features:
High-end finishing
Cozy interiors
Spacious rooms, light, and airy
Ultra-modern gym and swimming pool
Landscaped gardens, abundant greenery
Convenient and easy access to amenities
24/06/24
Umhlanga Mansion
If it's a mansion you looking for then stop the clock..
5 🛌 6 🛁 13 🚗 🏊♀️ 1267sqms
Asking Price: R13,999 000
Rates: R8,650
Shireen M brings you a mansion that you can call home..
Location: Prime of Umhlanga
Minutes away from the beach malls, medical facilities and major routes
An entertainers dream with free flowing living areas, spectacular views and architectural design excellence the home exudes timeless elegance and exceeds expectations.
The home offers..
Ground level..
- Entrance hall
- Gourmet kitchen fitted with bics, hob, oven, extractor, eating nook that flows to a dining area with open balcony and flanked by a scullery with gas hob and a laundry area
- Lounge with balcony
- Tv lounge (can be converted into an Additonal bedroom), opens onto enclosed courtyard
- Bathroom with shower, basin and toilet
- 2 x Double Garages
- Driveway can accommodate an additional 8/9 vehicles
- Open courtyard
First Level..
- Main bedroom with walk in closet and dressing area plus full bathroom and balcony
- Second bedroom leads through to main bedroom
- Third bedroom with full ensuite bathroom and balcony
- Fourth bedroom with ensuite bathroom nd balcony
- Fifth bedroom with ensuite bathroom
- Study or Home office
- Prayer room
- Tv lounge with balcony ( Can be converted into an additional bedroom
- Roof garden
Below Ground level..
- Garden with jungle gym and zipline
- Swimming pool
- Jacuzzi
- Pond
- Maids Quarters
- Store room
- Bathroom
- Generator / Invertor
The home is a must see with additional water features from the entrance through the home to the pool, plenty of space for a growing family, stunning sea views, a location thats unmatched and design thats amazing.
2 Six 2 Apartment
Stunning furnished apartment on Florida rd
3 🛌 3 🛁 3 🚗 🏊♂️ 190sqms
For Sale @ R5,999,000
Levy: R2,695
Rates: R3393
The vibe of Durban is definitely Florida Road, and Shireen M is proud to present this stunning apartment in one of the newest developments 2Six2.
Bright, airy, modern, already tastefully furnished, fully airconditioned and definitely a sought after location in Durban, this apartment should tick all your boxes.
Minutes away from some of the best schools, colleges, medical facilities and if you are a foodie then you are in the middle of food heaven with all the best eateries on your doorstep.
The apartment comprises..
- Open plan lounge, dining and kitchen area
- Three bedrooms with ensuite bathrooms
- Scullery / Laundry area
- Wrap around open garden area with two covered patio sections
- 2 store rooms
- 3 parkings
- Invertor
The apartment has the convenience of drive in access to your door.
The complex offers..
- Biometric access control
- 24/7 security
- Communal pool and braai area
The apartment has the added bonus of being used as air bnb apartment, making it an added bonus as an investment opportunity
VERDANA TOWNHOUSES & RESIDENCES
📌 PROJECT DETAILS :
📍 Location: Dubai Investments Park (DIP)
🏠 Unit types :
- *TOWNHOUSES*
2 BD : 74 townhouses
3 BD : 47 townhouses
4 BD : 151 townhouses
Total number of units: 271
- *RESIDENCES*
STUDIO : 119 Apartments
1 BD : 119 Apartments
2 BD : 109 Apartments
3 BD : 15 Apartments
4 BD : 30 Apartments
Total number of units: 392
🔸 Handover: Q4 2028
🔹 Status: Fully finished (NOT FURNISHED)
‼️ Payment Plan:
▪️ investor
- 40% in 3 months
▪️Normal
- 0% dp 0% discount 1,5% monthly
- 10% dp 5% discount 1% monthly
- 20% dp 10% discount 1% monthly
- 30% dp 15% discount 1% monthly
- 20% dp-80% HO zero discount
- 30% dp- 70% HO with 5% discount
23/06/24
Pros of Investing in Property in SA
1. There’s a High Financial Reward
One of the main reasons why property investment is so popular is that you’re almost guaranteed a good return on investment, especially if you’re up to date with real estate trends Property values appreciate with time — the longer you own your property, the more it’s worth and the more profit you can make!
You can also use your rental income to help pay off your home loan. And once that’s paid off, you get a steady cash flow each month. Plus, paying off your home loan on time can do wonders to boost your credit score which will help you make investments in the future.
2. You Get Tax Benefits
South Africa encourages property investment by giving tax incentives to property investors:
There’s no VAT payable on property in South Africa.
You also benefit from tax deductions on all interest, maintenance, levies, insurance and all other costs incurred on the property.
For every 5 properties you buy, SARS allows a minimum of 55% of the purchase price as a tax deduction.
With property investment, you end up saving money in the long run.
3. Property Remains a Stable Investment
Unlike investing in stocks, investing in property offers relative stability as a physical asset. South Africa’s property market is remarkably stable and is even considered the most stable on the continent. This means that property is a much safer investment where you don’t have to worry about your investment suddenly losing value.
4. You Have Some Freedom
As the owner of your property, you have the freedom to do what you want with it. This includes upgrades and renovations where you can increase the value of your property, boosting your profit. For example, you could install an inverter to beat loadshedding and increase your property’s value.
If you know what you’re doing, flipping houses by purchasing a low-value property and renovating it can earn you a high return on your investment. Alternatively, you can purchase a property, subdivide and sell which also often leads to great financial reward.
5. There’s a Property Shortage
It’s no secret that South Africa has a housing crisis — there simply aren’t enough homes for the number of people. In fact, South Africa has a backlog of over 2.3 million units. This high demand for affordable housing means that you can expect a steady stream of eager tenants and a steady flow of income.
And the development of a strong middle class in South Africa is resulting in a migration to better neighbourhoods and more expensive homes which means a higher growth potential for investors.
6. You Can Benefit From High Property Rental Rates
With the rising interest rates, increasing inflation and high housing demands in South Africa, you can take advantage of the high rental rates at the moment. This allows investors to pay off their home loans faster and make more profit.
However, it’s essential that you choose your property wisely to ensure its increasing value beats the annual rise of inflation.
7. South Africa Is a Popular Holiday Destination
Cape Town is regularly ranked as one of the best value-for-money holiday destinations in the world. This opens up a sea of opportunity for property investors who are looking to invest in holiday property.
The advantages of holiday property are:
You can charge a much higher rental rate, thus making a higher profit.
It’s a lot more flexible with short-term tenants.
You have the option to stay in it yourself by choosing not to rent it out for short periods of time.
However, it does come with its disadvantages:
Your cash flow from rental income is much less reliable when you’re likely to have periods where you don’t have any tenants
There are higher maintenance costs.
8. You Can Capitalise on Relatively Low Interest Rates
While interest rates have recently gone through a series of hikes, they are still relatively low. As of April 2024, interest rates were still at 11,75%, where they were a year ago. However, this still sits below the average of 13% - 15,5%. This means now’s a good time to invest in property before the interest rates increase.
UAE Residence by Investment
The UAE is one of the most attractive business destinations worldwide. UAE Residence by Investment is aimed at providing long-term residence to foreign investors, entrepreneurs, and talented individuals including specialists, students, and researchers who make a significant investment to the country.
Benefits of a UAE golden visa
- Gateway to Africa and the Middle East, Asia, and Europe due to the country’s strategic geographic positioning
- Safe, secure environment
- High standard of services and good quality of life
- Applicant’s spouse and unmarried children of any age may be added at no additional investment
- Among the top 30 countries in the world for ease of doing business
- Favorable tax regime for investors — with no personal income, capital, net worth, or withholding tax (except for those levied in the domestic banking and oil sectors), and several double-tax treaties in place
- Good value from real estate investments
- Streamlined, efficient residence permit system
- Member state of the United Nations, the Gulf Co-operation Council, and the Arab League
UAE golden visa requirements
There are numerous categories of beneficiaries for the UAE's Golden Residence visa, including real estate investors who can obtain a 10-year renewable residence visa by purchasing one of the following:
- A property worth a minimum of AED 2 million (approximately USD 550,000)
- A property worth a minimum of AED 2 million (approximately USD 550,000) with a loan from specific local banks
- One or more off-plan properties worth a minimum of AED 2 million (approximately USD 550,000) from approved local real estate companies
Procedures and time frame of the UAE golden visa
Applications for UAE residence must include completed application forms and should be accompanied by the appropriate fees and supporting documents. Golden Residence visas obtained are valid for 10 years and can be renewed thereafter. Residing outside the UAE does not nullify the visa. Investments must be held for at least three years.
Once the initial due diligence checks have been completed and the retainer paid, then the application for UAE residence can be submitted to the government.
Once the requirements have been fulfilled, pending initial approval of the application, the successful applicant receives a six-month multiple-entry visa and travels to the UAE to apply for an ID card and undergo a medical check. Thereafter, full approval is granted and the client receives the residence visa.
The processing time for the residence application takes over eight weeks.
21/06/24
249 on West
A brand new development bringing you an upmarket lifestyle experience in the heart of Overport at affordable prices.
Perfect for the starter family, the apartment's are comfortably sized with modern fixtures and finishes and the upper floors offer a birds eye view of views of Overport.
Fitted with expansive balcony and large windows, the apartment's are bright and airy allowing maximum natural light.
Location is everything..
- Walking distance to mosques, madressa's, shopping areas
- Minutes away from schools, medical facilities and major routes
Apartments on the upper levels offer spectacular views over Overport and the overlapping sounds of the Azaan will make you feel like you have stepped into a city in the Middle East.
The development offers..
- A safe and secure environment with 24/7 security & controlled access
- No cost spared in ensuring optimal structural engineering with appealing architectural design
- Communal washlines
- Visitors parking
- Additional parking, Storage rooms, available to purchase at an extra fee
- Additional exclusive use courtyards available to ground floor and penthouse units
- Lift with generator
- Prayer Room
- Staff ablution facilities
- Option to run apartments as air bnb
Purchasing direct from the Developer means you save on Transfer Duty Costs.
Levy: From approx R1,000-00
Rates: tbc
Units available are..
Two bedroom apartments
2 🛌 2 🛁 1 🚘 82.5sqms
For sale from R1,500,000
The apartment comprises..
- Open plan living area that comfortably accommodates a lounge and ding area as well as kitchen.
- Kitchen is fitted with quartz tops, bics, hob, oven and washing machine connections.
- Main bedroom with bics and ensuite bathroom with shower, basin and toilet
- Second bedroom with bics
- Family bathroom with shower, basin and toilet
- Open balcony off the lounge
- One parking
Some ground floor units include exclusive use courtyards, however the upper units are compensated for with the views.
Two bedroom duplex apartments
2 🛌 2.5 🛁 1 🚘 131sqms
For Sale @ R2,150,000
Split on two levels the duplex apartment comprises..
Level 1:
- Open plan lounge, dining and kitchen area
- Kitchen fitted with bics, quartz tops, hob, oven, washing machine connections, eating nook
- Guest loo
- Open balcony
Level 2:
- Two bedrooms with bics, ensuite bathrooms consisting of shower, basin and toilet
- One bedroom has an open balcony
- One parking
Three bedroom penthouse apartments
1 x 3 🛌 3.5 🛁 2 🚘 314sqms
2 x 3 🛌 3 🛁 2 🚗 314sqms
For Sale in shell from R2,895,000
The apartment comprises..
- Kitchen area
- Open plan lounge and dining area
- Two end units have two bedrooms with ensuite bathrooms with one family bathroom
- Middle unit has a three bedrooms with three ensuite bathrooms and a guest loo
- Two parkings
- Private Exclusive use private rooftop entertainment area
Purchasing it in shell form gives you the freedom to fit and finish your penthouse to your personal tastes and specifications.
Damac Hills 2
*EOI 30K AED 1BR*
*EOI 60K 2BR*
1- & 2-bedroom apartments coming soon to DAMAC Hills 2
*Starting AVERAGE PRICE from only AED 650K-750K*
Nestled within the vibrant DAMAC Hills 2 community, our new development, ELO, is designed to elevate lifestyles, including contemporary architecture and cutting-edge amenities. Located near Water Town and overlooking the park, ELO takes people from the ordinary to the extraordinary.
Express your interest to book a unit today!
*About ELO*3
🏢🏢2 towers with 14 levels each
🛌🛌1- & 2-bedroom apartments
💵Great ROI
💵💵💵Most affordable of its kind in the market
👪 Perfect for a first home
🏊♀ Swimming pool
🍹Pool bar
🎞️ Outdoor cinema
🔥 🥩 BBQ area
*About DAMAC Hills 2*
🏡 Expansive 55 million sq. ft. community
🌳🌳🌳🌳 Nearly 5.1 million sq. ft. of private parkland
🏖️Malibu Beach
🏄 Wave surfing simulator
🚣 Lazy river
⚽ Multi-sports amenities
🛒 Supermarket
Milos
With *5 years post handover* payment plan
Pay *0.66%* per month
📍Dubai Land Residence Complex
Starting price:
🔹1 bedroom: 807,000 AED
🔹2 bedroom: 1.3M AED
🔹3 bedroom: 1.6M AED
Arjan
Rai Properties brings your luxury Home in Arjan, Dubai
Step into a world of luxury and modern living at Trinity in Dubai! Nestled in the heart of Arjan, Dubai, Trinity offers an exceptional collection of 1, 2, and 3-bedroom apartments designed for those who appreciate elegance and comfort.
Why Choose Trinity?
Experience architectural brilliance, premium finishes, and a range of amenities including a state-of-the-art gym, swimming pool, landscaped gardens, and dedicated parking spaces—all designed to enhance your lifestyle.
Find Your Perfect Home
Whether you're seeking a cozy 1-bedroom retreat, a spacious 2-bedroom haven, or a luxurious 3-bedroom sanctuary, Trinity offers a variety of layouts to suit your needs and preferences.