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PROPERTY MANAGEMENT

INTRODUCTION
Capetown.Tv - Property was a natural development following the trend of property buyers who were looking to combine investment value with the joy of ownership. The challenge to develop this product was met by combining property, financial, tourism and hospitality expertise. Capetown.Tv - Property Management has been successfully introduced in Cape Town in the most desirable areas on the Atlantic Seaboard
RETURNS
Investors have experienced above average capital and income returns, coupled with the benefit of being able to personally occupy their properties at their discretion
THE CONCEPT
Capetown.Tv - Property is a totally unique property concep with fractional ownership in mind, which has been developed by combining expertise in the property, tourism and hospitality industries. It affords investors the opportunity to acquire residential property in pre selected neighbourhoods and areas, which have been selected according to stringent criteria, based on desirability, price, and marketability as a tourist destination and with regards to operational infrastructure. Properties are then serviced with key hospitality services, these services include housekeeping, maintenance, and general guest services
BENEFITS
- Personal Occupation
Owners may occupy their homes as required. Capetown.Tv - Property is therefore ideal for investors in second homes or holiday homes.

-Hassle-free Ownership
Services include general supervision, management of maintenance and body corporate matters as well as financial administration

- Limited Risk
Sectional title hotels are widely marketed in Cape Town. These are mainly specialized properties, which leave very few alternatives should the hotel not prove successful. The secondary or resale potential of these properties should also be questioned. A Capetown.Tv - Property remains a normal residential home, with us simply adding the specialized hospitality services. We take the financial risk associated with the provision of these services - the recoupment of this cost element being based on successful occupancy, as opposed to being levy-based

- Increased Capital Appreciation
There is a great demand from investment buyers wanting to own residential property with income return, but who also want to retain occupational rights for certain periods. Not many properties offer these opportunities. Capetown.Tv - Property is ideally suited towards this end, specifically for the overseas investor and investors in second homes

- Rental Returns
Capetown.Tv - Property allows purchasers the opportunity to claim transfer duty or VAT when purchasing the property. Our management structure also allows for subsequent property re-sales to be zero-rated for VAT purposes when sales are conducted to investors participating in the concept. The VAT or transfer duty refund is then a considerable saving. Interest, depreciation and refurbishment costs can be tax deductible. The benefit is not always possible with normal rental properties
PROJECT MANAGEMENT
Professional assistance regarding interior renovations, decorating, maintenance and alterations
RESIDENTIAL SERVICES
Services include housekeeping, maintenance, pool and plant care
Should you be interested in this service, please contact us.
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