Sitari Country Estate just outside Somerset West continues to grow in maturity, and its latest offering is a limited number of 33 prestige apartments in Acrewood. These two-bedroom apartments are fully complete, inclusive of all landscaping – and ready to move into. This means that potential purchasers can view exactly what is on offer – and will be able to move quickly on closing the deal.

• Security, equity and potential wealth growth are long-term benefits of home ownership
• The value of a home will appreciate over time and if you decide to sell, you can earn a profit off the sale.
• The house you buy becomes your legal property, so you can use it as you please without restrictions often imposed by landlords.
• Your property is yours to use however you see fit if you are a homeowner.
• You can alter the property, including décor changes, landscaping and renovations, to suit your needs and your style.
• Renting out your property allows you to generate income as a Homeowner. The income can be used to pay off the home loan.
• Having a good credit score can be improved by being a homeowner who pays the mortgage in full and on time. As well as having a large investment to your name, you will be able to increase your credit score by paying your bond repayments on time.
• The bond amount can be refinanced if you wish to withdraw a large amount to pay for major purchases.
• In the long run, income-generating properties can help you save money due to possible tax deductions.

• Compared to owning a home, renting allows for greater flexibility. People who may be affected by sudden changes, such as a job relocation, can benefit from this. You don’t have to commit long-term to renting, so it’s the best option for tenants who don’t intend to stay in a space for a long time.
• Renting gives you the opportunity to live in an area in which you could not afford to buy.
• Tenants can enjoy the benefit of not having the stress of finding someone to take over the lease, or finding a Buyer to purchase the property as this is the responsibility of the Homeowner or Landlord.
• The only insurance required by a Tenant will be to cover the contents of the home, while all maintenance work on the property is for the Homeowner’s account, as is homeowners insurance.
• After paying rent, a Tenant may have additional money which they can use to invest elsewhere, whether it is saving towards buying a house or investing in the stock market, and need not worry about putting additional funds into a home loan.

Even with the recent interest rate hike, the current property trend shows that it is still relatively affordable to own property rather than rent it. Sitari Country Estate offers both rental properties and properties to purchase and is considered the fastest selling residential estates in the Helderberg.