Every property person in Cape Town has heard at least one horror story from the Atlantic Seaboard. The kind of story that starts with big plans and...
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Maroc - WN.COM - Africa - 22/Mar 04:47
Every property person in Cape Town has heard at least one horror story from the Atlantic Seaboard. The kind of story that starts with big plans and ends with lawyers, fines — and an expensive lesson. One of the most repeated versions goes something like this: A buyer purchases an older house with the intention of demolishing it and building something new. Plans are drawn, budgets are calculated and expectations are high. Then, somewhere along the way, someone discovers that the property is protected by heritage. Suddenly, the rules change. No demolition or major alterations are allowed. In some cases, you can’t even install new windows without approval. What many people do not realise is...
Every property person in Cape Town has heard at least one horror story from the Atlantic Seaboard. The kind of story that starts with big plans and...
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