The South African Property Owners Association (SAPOA) is an organisation that strives to improve operations within the property industry.
Through SAPOA Student Bursaries, the organisation aims to redress the past by offering black people property-related education and entrance to the commercial property industry.
It strives to promote the Commercial Property Industry at both school and tertiary levels to ensure growth in the future.
SAPOA Student Bursaries seek to address the current and future skills shortage in the commercial property industry.
The bursaries are available for full-time South African University and University of technology studies in the fields of:
- BSc Property Studies
- BSc Urban and Regional Planning
- BSc Construction Studies
- BCom Finance with Property Valuation and Management as a major
- BSc Quantity Surveying
- BSc Town and Regional Planning
- BSc Real Estate
- BSc Property Management
Advantages of commercial property investment:
Investment in commercial property offers higher returns compared to residential property. Owners of commercial property can receive up to 12% of the purchase price in rental revenue. Residential property brings returns of only about 4%.
Commercial properties are much easier to evaluate than other types of properties. It’s simpler to estimate the income-generating potential of the building by requesting an income statement from the current owner.
Commercial property owners have the advantage of being able to demand long-term leases. Shorter-term leases are also enforced at the discretion of the property owner.
SAPOA Student Bursaries are designed to provide students with convenient access to the education they need to excel in the commercial property industry.
Through their studies, students will be able to gain the necessary skills to work in the commercial property sector while also improving operations.
To apply for SAPOA Student Bursaries, call: 011 883 0679 or visit www.sapoa.org.za