Property owners in South Africa to be hit by price increases in the next few months

Property owners in South Africa to be hit by price increases in the next few months
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Record fuel price increases are grabbing headlines at the moment, but home sellers should be even more concerned about the increases in municipal tariffs that will be implemented in just a few months’ time, says Gerhard Kotzé, managing director of the RealNet estate agency group.
These are set to be bigger than usual this year and could substantially increase your holding costs as a seller if your property is not priced correctly and takes a long time to sell, he said.
Citing data from the South African Cities Network (

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