In2assets Blog: Real estate industry news

Property auctions have become an increasingly popular method of buying and selling properties in South Africa following international trends. Auctions take place within a very short period of time and are unconditional, which makes this the most attractive aspect for Sellers.

In the midst of difficult times, it is even harder to predict and gauge the medium to long-term future of the property market.

In2assets will be offering two magnificent mansions in Umhlanga Rocks and La Lucia at their last auction of the year. The live auction, in compliance with Covid-19 regulations, combined with online bidding, is on December 9 at 11am, at The Durban Country Club and will offer 22 properties.

Leading auction company, In2assets has, sold prominent mixed-use investment and redevelopment properties in Lansdowne, Cape Town, at its last major multi-property auction.

Despite Covid-19 negativity, In2assets staged a “highly successful auction” when it returned to conventional physical auctions at The Durban Country Club on August 20.