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That's according to Andrew Line, Director of Harcourts Hilton, who says that houses chalets and the potential for B & B's are hot sellers at this time. "With torridon hotel the economy a bit tight, it's a chance to get some help in paying for your band," he explains. torridon hotel
People are looking for all kinds of properties in all price ranges and some want a place suitable for in-house guest house, others prefer properties with separate, independent units, and then there are those whose hearts are put on the owners of a great hostel.
Hilton, high on a hill north of Pietermaritzburg offers a wide selection of properties and warm winters, cool summers, and the second healthiest climates in the world, making it a major tourist destination and an excellent place to invest, he says
Entry level to align the book is a five bedroom house with a steeply pitched torridon hotel roof that a beautiful garden. Priced at R1.15 million, he says his appeal lies not only in the various
living and bedroom offer, but also in the vicinity of good shops and the center of Pietermaritzburg. It also offers a separate, self-contained cottage that houses the owners or to make additional income.
At the top of the market, for R8.25 million, is a seven bedrooms, six bathrooms gentleman's residence. The 1000 square foot home, which sits on two acres of landscaped gardens, torridon
hotel complete with formal living torridon
hotel and dining rooms, kitchen supervisor, office, billiard room and a gym, hence its potential torridon hotel as a boutique hotel, torridon hotel guest house or B & B.
The 1000 square foot home, which sits on two acres of landscaped gardens, complete with formal living and dining rooms, torridon hotel kitchen supervisor, office, billiard
room and a gym, hence its potential as a boutique hotel, guest house or B & B, he says.
"This is the kind of company torridon hotel that someone with a turnover torridon hotel from home, a young couple might need a second income or retirees want to top up their pensions would fit," says Line.
"The advantage of an up-and-running business is that you do not have to waste time and money on marketing. An established customer torridon hotel base makes a huge difference when the income can start rolling in from day one."
Another increasingly popular income spinner is fully leased office building provides annual return of about 10 percent, he said, noting that the buyers in this category are not only traditional investors, but also self-employed people need their own space. "By letting the offices that do not need them, they are a passive income that many are using to pay off their investment
to realize," he explains. torridon hotel
Buy-to-let investors, whose number decreased
significantly torridon hotel in recent years, also return to the market, says Line. They are looking for affordable torridon hotel housing options in good areas, a good example Ambarlea, a new housing estate consisting of 40 new units in total. Testimony torridon hotel of his argument is that only a handful of two bedroom apartments are still available to buy.
Line says landlords can expect a 4.5 percent torridon hotel net return on the investment in the first year. "Located within walking distance of the Hilton
district torridon hotel office, the units are ideal for administrative personnel who currently have more than 15 km to work," torridon hotel he says.
Other affordable buy-to-let opportunities in the area include freehold homes priced from R750k only in Hilton torridon hotel and adjacent areas. An example torridon hotel is a three bedroom house in Erin Park in a secure estate overlooking Cedara Agricultural College and priced to sell at R995k, adds Line.
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