Higher property values = higher rental
Rental costs increase annually
No adding a personal touch to the home to suit your specific needs
Any additions / changes to the property will be lost once you move. Changes could even have financial implications if the landlord wants them undone.
No security beyond the term of your rental contract. You could end up moving from unit to unit (additional costs & inconvenience)
Once you move, you have nothing to show for the time you rented.
Renting will be cheaper than bond repayments
Renting is similar to a holiday, you are only left with the memories
Higher property prices = investment growth = more profit
Bonds remain the same (except for inflation). Estimated that after 5 years, bond repayment will be less than rental rates.
You can change your home to fit in with your living standards & requirements (within legal limits)
Additions / changes will increase value of investment
The property is yours and you can form a solid foundation for your future & family. You can live there as long as you want to.
If you decide to move, you can either sell your home for a profit, or you can rent it out and start building your investment portfolio.
Although bond repayment is higher than rental, you are essentially also building your ‘saving’ or retirement fund in the form of assets.
Owning a home adds value to your credit profile and you start to build a legacy & increase your net-worth.
Nico Conte 074 580 4601
Shirley le Roux 082 940 1299
Nokwanda Khanyile 083 314 3154
Sa & Sun: 10:00-14:00