"Cape Town has the yield," Thabo had argued, pointing at a color-coded map of the Western Cape. "The tourism is relentless, and the digital nomad crowd is growing. If we buy right, the short-term rental income will outpace a traditional lease."
She stared at the screen, a smile spreading across her face. The calculated risk was paying off. The projected income from this single booking would cover the monthly bond payment and a portion of the levies. buy to rent property south africa
Ultimately, they decided on a calculated risk: a two-bedroom apartment in a secure, modern block in Sea Point. It was close to the promenade, trendy cafes, and the city center. Crucially, the body corporate allowed short-term rentals, a critical factor for their strategy. "Cape Town has the yield," Thabo had argued,