Tag Archives: residential real estate

residential real estate: Latest News

  • Downturn Resistant: 5 Countries Topping The African Real Estate Boom

    African real estate boom By Kurt Davis Jr., 11:08 am AFKI Original

    The economic downturn did little to stifle demand for African real estate. Some of the biggest returns and opportunities exist in rental properties, from beachfront getaways to hidden villas. Affordable housing is a major challenge for governments. Private investment is seen as a solution. Developers, private investors, and ordinary people can play a role in addressing the construction gap in the real estate sector and make a good return while doing so.

  • What You’ll Get For Your Money Renting A Home In South Africa

    By Dana Sanchez, 10:18 am AFKI Original

    Real estate companies are struggling with rising vacancies and unpaid rents in South Africa, and rent is relatively cheap. Rents compare favorably with similar properties around the world. There are extra costs you should be aware of. In a South African rental home, you may have to maintain the garden and hire a gardener — around $12 a day plus breakfast and lunch. A live-in maid might be part of the rental contract and that will cost around $154 a month.

  • ‘We Are Not Discouraged By Anything’ Say SA Retail Developers In Nigeria

    SA Retail developers in Nigeria By Dana Sanchez, 4:08 pm

    Nigeria has a housing deficit of 17 million units, but most investors in Nigerian real estate prefer commercial rather than residential development, BusinessDayOnline reports. South African investors have been visible in most sectors of the Nigerian economy for the last decade. Right now, they’re all over retail mall development. “We are not discouraged by anything,” said Dieter Boshoff, leasing adviser for South African developer RMB Westport.

  • Who’s Buying Commercial Real Estate In Nairobi?

    By Dana Sanchez, 2:42 pm

    While individual private investors focus on residential developments, institutional investors are buying commercial real estate In Nairobi. Kenya has just 20,000 mortgages but that hasn’t stopped locals from buying and investing in real estate. Most use alternative financing sources like savings and credit coops and investment groups. “Kenyans love real estate,” a local Realtor says.

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