Thesens Island http://www.thesensinknysna.com in Knysna Sun, 11 Mar 2012 05:12:24 +0000 en hourly 1 Buyers Market http://www.thesensinknysna.com/2012/03/buyers-market/ http://www.thesensinknysna.com/2012/03/buyers-market/#comments Sun, 11 Mar 2012 05:12:24 +0000 admin http://www.thesensinknysna.com/?p=10 This is not a good time to be selling. But if you are looking for a long term investment we must be getting close to the bottom of the market. Properties are beginning to move and at prices which are often below the replacement cost of the buildings. Sellers who have no options are cutting their losses to get out of the hole.

However there is still a need for caution. This is not a situation which is going to turn around overnight. There are holding costs to be considered and the local economy is contracting. Vacanies in the industrial area are up to sixty five percent. Buyers can pick and choose between industrial properties for sale in Knysna and there is no shortage of landlords with industrial properties for rent Knysna

 

]]> http://www.thesensinknysna.com/2012/03/buyers-market/feed/ 0 Property on Thesens Island http://www.thesensinknysna.com/2011/11/property-on-thesens-island/ http://www.thesensinknysna.com/2011/11/property-on-thesens-island/#comments Sat, 05 Nov 2011 05:06:20 +0000 admin http://www.thesensinknysna.com/?p=8 Property for sale on Thesens Island

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