If you are looking for a new way to invest in the real estate sector, try EasyProperties. This new website from the purple group is a hybrid between paying a low fee upfront and paying on completion. It offers an affordable way to get exposure to the South African property sector. In addition, you won’t have to worry about taxes when you get your dividends, as EasyProperties deducts all taxes from the amount of money you earn.
EasyProperties is a new platform for the purple group
EasyProperties is a new platform that offers fractional investing in individual properties. The company started by offering fractional shares in the USA and Australia but is now expanding to South Africa. This new platform allows users to invest as little as R10 in individual properties.
EasyProperties is a new platform from the purple group that allows ordinary people to purchase shares in a property company or auction. The company will deduct all taxes from dividends and will offer an array of investment options. Some religions don’t allow people to buy CFDs, so they can’t participate in EasyProperties.
EasyProperties was launched to provide an alternative investment option for South African investors. It gives individuals access to property opportunities in prime locations. For example, the company has real estate opportunities in Sandton, Rosebank, Ballito, and Cape Town CBD. It also offers investors a simplified online investment process.
The Purple Group is a global financial services group that has a presence in over 100 countries. In Kenya, the company operates several investment platforms, including EasyEquities, EasyProperties, and EasyCrypto. According to CEO Charles Savage, EasyEquities now has more than 1.1 million clients. It is growing by at least 60,000 users a month and is projected to reach 1.4 million by the end of 2019.
It gives you exposure to the property sector in South Africa
EasyProperties has an innovative approach to the property sector, using its networks to access the most sought-after developments and negotiate bulk discounts. The site then offers these properties for sale on a fractional investment basis. This model is quite different from the traditional fractional property ownership concept, in which investors bought shares of a particular property unit, with the option of qualifying to use it for certain weeks of the year. Previously, this kind of investment was linked to hospitality properties.
In South Africa, there are many different ways to invest in property. You can invest in individual physical properties, or you can invest in real estate investment trusts. Both options can provide you with exposure to the property sector, but the former is easier and more direct while the latter is more complicated. Property unit trusts allow you to buy units in property companies that have assets across a wide range of sectors, from office to retail to industrial. In South Africa, this type of investment is booming, thanks to the globalization of the property sector.
EasyProperties focuses on the South African property sector, and its investment portfolio consists mainly of residential properties. The company tends to buy multiple properties within a sectional title block. It does not require expensive financial advisors or brokers. The platform also allows you to buy fractional shares, which means you can get exposure to the property sector without using up a large amount of your capital.