Repo Rate Decrease

The Reserve Bank (SARB) has cut the repo rate from 6.75 percent to 6.5 percent.⁣⁣ This means banks will also cut their prime lending rates by 25 basis points to 10 percent.⁣⁣⁣⁣Article By: ENCA⁣⁣

For the love of Cape Town⁣

For travelers, Cape Town isn’t only the best city in Africa – but it also beat out Middle Eastern cities!⁣⁣The Mother City received some much-needed love from Travel + Leisure for their World’s Best Awards by taking the top crown on the continent. It won against the likes of Jerusalem, Marrakesh, Beirut and even Dubai, …

For the love of Cape Town⁣ Read More »

LuxuryNites Featured Image

Know Your Rights

Under the CPA a tenant has the right to cancel any lease by providing 20 business days’ notice. But – and this is a very big but – this doesn’t mean a tenant can simply walk away penalty free and there could well be some financial repercussions in the form of a cancellation fee, the …

Know Your Rights Read More »

LuxuryNites Featured Image

Property Psychology

The 2018 real estate year, while challenging at times, has provided valuable insight into the psychology of the Property Market. Property24 has put together a fantastic blog post about what we can expect from Cape Town property in 2019.

LuxuryNites Featured Image

Short Term Letting

A ban on short-term letting is an amendment on how a property is used and this has an effect on constitutional rights and property rights of an owner STBB Shares an article about the prohibiting of short-term letting in sectional title schemes