According to the UK Based Telegraph banks are being very cautious with lending criteria.  The way this will affect the market is fairly obvious for the short and long term.  This makes affordability a thing of the past and one way to get round this is to put up a bigger deposit.

Although easier said than done in the lower end of the market, in the middle to upper end this is a plausible way to plan.  What this means for property values depends on a few unknowns at the moment, the possible elections in June and the fear of a jittery market.  However as ChaseDevonshire is international we can provide the best of both worlds for exclusive property lettings where you , the buyer, letter or seller have the benefit of our EU and African wide base of properties and landlords from which we can get you, our client the best value for your options.  Especially good for our clients is our experience in helping other agencies with their support structures . This means we have a vast network of workers, suppliers and craftsmen and women of all types from which we know we can rely on to provide you with the best possible service excellence.

To talk to ChaseDevonshire about your options please use the to contact us please do call 0207 740 1770 for emergencies we do have an after hours number. Chasedevonshire now has skype online and if you use skype you can call using your skype phone or compatible headset or handset. Written by Staff - Visit Website

Please use the contact form or to contact us directly call us on 0207 740 1770 for emergencies we do have an after hours number.
Chasedevonshire now has skype online and if you use skype you can call using your skype phone or compatible headset or handset.

Chasedevonshire has a range of services and properties across the globe to suit your desire for exclusive property. From London,UK to Athens, Germany and yes also South Africa. We can advise you where you can get the best returns on your long term property investments. Short terms rental income and property management are also covered by the ChaseDevonshire umbrella group of companies portfolio of services.

South African Property Market
Africa property market – South Africa
South Africa has seen its share of ups and downs, however, for the past several years the South Africa property market has seen more prosperity than anything else. This sunny outlook has been, in large part, influenced by the favorable tax incentives that the South African government has instituted in a big push to revitalize the real estate markets in sixteen South African cities including such troubled spots as Johannesburg.The South African property market has seen tremendous growth in the coastal regions including places such as Cape Town where plush golf courses line the shores. However, the cities have been where property values have stagnated and struggled due to a number of factors. However, with the new tax incentives places such as Johannesburg have seen prices of real estate in the inner city triple with more increases expected ahead of the 2010 Soccer World Cup which is to be held in South Africa. Although the tripling of prices in places like Johannesburg is significant, the inner cities remain among the more affordable real estate markets in South Africa. The suburbs and the coastal regions are out-priced for ordinary folks and even the investor or second home market seems to be saturated. In fact, after speculators and second home owners turned a tidy profit with the recovery of the Rand, some investors are now wary of further investments in South African property believing that most of the profits have already been made. Other analysts, however, are still optimistic about the prospects of the South African real estate sector. South Africa is one of the few places in the African continent that offers such a spectacular and diverse landscape. It is the only place where travelers and tourists can experience a genuine African safari, play a around of gold at a unique world-class facility and delight their palates with the smooth vintages produced in South Africa’s wine country. Those who enjoy snorkeling can dive off the coast while sun-worshippers will certainly thrill to the fabulous weather. The South Africa property market is simply profiting from the splendors that its natural landscape and ideal placement offer. The real estate sector continues to be robust despite a predicted worldwide softening of the property markets. As long as the South African government continues to support the revitalization of its cities then the short to mid-term prospects for the South African property market will be very good.

Courtesy of http://www.investorsprovident.com

To talk to ChaseDevonshire about your options please use the to contact us please do call 0207 740 1770 for emergencies we do have an after hours number. Chasedevonshire now has skype online and if you use skype you can call using your skype phone or compatible headset or handset. Written by Staff - Visit Website

Please use the contact form or to contact us directly call us on 0207 740 1770 for emergencies we do have an after hours number.
Chasedevonshire now has skype online and if you use skype you can call using your skype phone or compatible headset or handset.

According to South African sources, the Commercial Property market is recovering faster than anyone thought possible.

“Investment in South Africa’s commercial real estate market produced double-digit nominal total returns of 13%, the SAPOA/IPD Property Index for 2008 shows. However, once last year’s high inflation rate of 11,5% is factored in, these returns equate to inflation-adjusted ‘real returns’ of just 1,3% for 2008. Nominal returns on property values dropped far below the 27.5% which 2007 yielded and were the lowest recorded since 2002. Equities and property equities suffered a defeating -23.2% loss in 2008 whilst the JSE PLS Index returned -2.3% and the JSE PUT Index returned -9.7%.”

However the return on commercial property has been in the positive range of 13%, “We have not witnessed the rapid re-pricing of real estate that is being experienced elsewhere, certainly not on the same scale. Property fundamentals are still coming through quite strongly. However, it is important to bear in mind that the inflation-adjusted total returns, at 1,3%, were modest compared with the average annualised real return of 9,3% over the last 14 years,” said IPD South Africa MD Stan Garrun, who spoke last week at the SAPOA/IPD Property Index launch 2009, in Johannesburg,

In an uncertain world that it quite a vote of confidence. Given the strikes and local temporary shut downs, you could think this was unfounded, however the 2010 engine is still driving forward and with rumours of a new larger project involving transport in the western cape circling within provincial and government circles worth in the region of R80Billion (£6Billion).

On the rest of the industrial and commercial properties, the news  is positive news and a great way to start the Q3.With the strikes having been resolved the new bus rapid transport system back on track, with the stadiums to due to be handed over to the LOC by year end the situation is looking good.

“Last year’s performance was led by the industrial-property sector, which recorded 18,1% total return, followed by offices with 14% and retail at 11,1%.

Income returns for industrial and offices were 9% and 9%, respectively while retail provided 7,8% to produce the all property average income return of 8,3%.

The strength of capital growth differed more widely across the sectors. Industrials led the way, returning 8,4%, followed by offices, at 4,6% and retail, at 3,1%, to produce an average of 4,4% compared to 17,5% last year.

All property yields moved out by 20 basis points over the 12 months, ending December 2008 at 7,7%.” source quoted : Dennis Ndaba,Engineering news

To talk to ChaseDevonshire about your options please use the to contact us please do call 0207 740 1770 for emergencies we do have an after hours number. Chasedevonshire now has skype online and if you use skype you can call using your skype phone or compatible headset or handset. Written by Staff - Visit Website

Please use the contact form or to contact us directly call us on 0207 740 1770 for emergencies we do have an after hours number.
Chasedevonshire now has skype online and if you use skype you can call using your skype phone or compatible headset or handset.

Chase Devonshire now has a customised search engine site to make your work easier, use to find your properties and bookmark them too!

ChaseDevonshire Property Search Engine

To talk to ChaseDevonshire about your options please use the to contact us please do call 0207 740 1770 for emergencies we do have an after hours number. Chasedevonshire now has skype online and if you use skype you can call using your skype phone or compatible headset or handset. Written by Staff - Visit Website

Please use the contact form or to contact us directly call us on 0207 740 1770 for emergencies we do have an after hours number.
Chasedevonshire now has skype online and if you use skype you can call using your skype phone or compatible headset or handset.

“Demand is outstripping supply across the UK housing market, with estate agents registering four house hunters to every available property.
The monthly market survey of the National Association of Estate Agents found that the average branch had 299 house hunters on its books in May – up from 265 the previous month and 247 in May 2008.

The average branch had 69 properties on its books. For the second month running estate agents also reported a successful selling period.

The average branch sold 10 properties, a 30 per cent increase on the same time last year and double that sold on average in August 2008.” – According to the house fund, industry web site

Contact  Chase Devonshire on 0207 740 1770 for your property ,investment or tenancy queries and get your dream property!

To talk to ChaseDevonshire about your options please use the to contact us please do call 0207 740 1770 for emergencies we do have an after hours number. Chasedevonshire now has skype online and if you use skype you can call using your skype phone or compatible headset or handset. Written by Staff - Visit Website

Please use the contact form or to contact us directly call us on 0207 740 1770 for emergencies we do have an after hours number.
Chasedevonshire now has skype online and if you use skype you can call using your skype phone or compatible headset or handset.