New development in Potchefstroom Real estate development, or property developments, have manifested into popular business opportunities, with renovation and re- lease of existing buildings to the purchase of raw land to be developed. Real estate developers and companies who coordinate all of these activities, converting ideas on paper to real property have found it to be a very realistic choice to those wanting to scale down, starting out small or invest with a lucrative future at mind. “Property developments have increased tremendously by number in the last year, especially in areas close to universities and expanding societies” noted Carl Venter, Licence Partner of Engel & Vӧlkers Potchefstroom. Gated communities or complexes have become the most popular choice over the past decade, and increases to do so, as it offers safety and a hassle-free lifestyle in today’s fast paced life. From an investment point of view, it would also not disappoint. As a return on investment, i...

With digital and social media platforms becoming the new way of marketing, one should think that finding potential buyers would be easier? The only problem is that individuals looking to purchase a property still believe in a very hands-on approach when making such a big investment, after all – seeing is believing. “Presentation is a key factor to make your listing fly of the  'For Sale'” shelf” advises Craig Hutchison, CEO of Engel & Völkers Southern Africa. Pictures can be misleading and therefore old school methods such as staging a show house and inviting buyers to view your home is still a fail proof way of creating an interest in your property. Although taking into account the security risk of inviting complete strangers into your house, might leave you eliminating this option, you need to investigate the options available to you. “When making use of a reputable property sales advisor, they are dedicated to your specific needs and limit the feet which pass through y...

Scott Pharoah and Craig Hutchinson  Engel & Völkers Southern Africa has kept it no secret that the company has experienced exceptional growth this year and now it seems like the elite Real Estate Agency will not leave any stone unturned or unbranded as a matter of fact – as they have just signed another licence for the Melrose area in Johannesburg.  Craig Hutchison, CEO of Engel & Völkers Southern Africa says that it no surprise that Scott Pharoah, Licence Partner of Engel & Völkers Hyde Park, spotted the opportunity to add Melrose to his portfolio, after signing the licence for Hyde Park, earlier this year.   The Melrose Licence includes the suburbs of Birdhaven, Birnam, Melrose, Melrose Arch, Melrose Estate and Melrose North, and the territory comprises a great percentage of lifestyle estates and freehold properties. Hutchison stated that Melrose is a wealthy and developing suburb in Johannesburg, with the well-known Melrose Arch Shopping Centre...