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Wakefields Amanzimtoti Newsletter
Feb 2026
From my desk to yours...
Hi Subscriber,

South Africa’s 2026 Budget brings measured but meaningful relief for the property sector. Increased Capital Gains Tax exclusions, including a higher primary residence threshold, reduce the tax impact on property sales and estate planning, offering greater flexibility to homeowners and improved return potential for investors.

At the same time, stronger revenue collection has allowed government to withdraw proposed tax increases and keep VAT and corporate tax unchanged, helping to protect consumer spending power and business confidence.

While not a dramatic shift, Budget 2026 reinforces stability and creates a more supportive environment for sustained property market recovery.

Myles Wakefield | CEO
Wakefields Real Estate
Chairman's Choice
R3,950,000
residential
Spectacular Family Home in Prime Athlone Park
Nestled in the highly sought-after suburb of Athlone Park, this exquisite four-bedroom residence defines coastal sophistication — a seamless blend of elegance,...
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R720,000
2 Bedroom House For Sale in Umlazi Y  
residential
R695,000
2 Bedroom Flat For Sale in Doonside  
One of Our Own
Agent of the month
Thembeka Jali
Property Practitioner
Registered with PPRA (FFC 1215340)
083 601 1323
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A WAKEFIELDS AMANZIMTOTI VALENTINES
Wakefields Amanzimtoti out & about on valentines day spreading the LOVE for our community for Valentine’s Day. May you all have a wonderful day filled with Peace, LOVE, and Joy. #wakefieldsamanzimtoti #TheWakefieldsWay #valentinesday
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