Is investing in South African property still a wise choice?
SOUTH Africa’s property market is always changing, but property remains a powerful way to build wealth and find a place to call home. As Tondi Sadiki, founder of the real estate company Buy The Block, says, “Don’t just buy into bricks and mortar, buy into a lifestyle, a location, and a future that makes sense for you.”
Sadiki offers five key truths for anyone looking to enter the property market:
Stay sharp about the market: The market moves quickly, with interest rates and neighborhood trends changing overnight. Staying informed gives you an edge.
Choose with intention: A home is where your story unfolds. Find a space that excites you and that you’re proud to own.
Location, always: The right location shapes your lifestyle. Factors like safety, accessibility, and the overall vibe are just as important as the size of the house.
Respect the market’s resilience: While markets can be volatile, property has staying power. Demand for rentals continues to grow, and those who invest for the long term often find success.
Own the lifestyle, not just the loan: This is about more than a financial transaction; it’s about finding a place where you belong and where you can grow.
Buy The Block, founded by Sadiki in 2023, is dedicated to helping clients navigate this process. The company is known for its honest and passionate approach, ensuring clients feel confident and supported in what is often one of the biggest moves they’ll ever make.