Property investment considerations in South Africa

This treatise is concerned with property development in its role as an investment rather than as a speculative venture. The property is, therefore, one which is to be held as a rent producing development with the hope of capital appreciation as a hedge against inflation rather than for the realisation of a profit by means of a sale. Careful and thorough investigation must be undertaken by the developer with regard to a possible project. The aspects of such considerations are dealt with in this article as follows : 1. Investigations prior to the acquisition of a property investment. 2. The illustration of certain of the considerations necessary by means of a viability study of a hypothetical case of a block of flats. 3. The post-construction administration of the property