
What would you do with your house during 2010 soccer world cup? Have you thought of turning it into a business for a while? If not think twice.
Homeowners rush to cash in on booming demand for rooms Locals open up their homes to soccer fans - but it's not going to be cheapMore than 1900 homeowners - gearing to cash in on the shortage of rental properties during the 2010 Soccer World Cup - have listed their properties with Seeff Residential.
Property owners stand to rake in between R600 and R30000 a day during the month-long soccer tournament
The joint venture between Seeff Properties and football legend Gary Bailey revealed that it was fielding almost 700 inquiries a week from homeowners eager to cash in between R600 to R30000 a day.
The listed properties vary from plush Waterkloof mansions in Pretoria, to luxury tents on game farms in Nelspruit, Mpumalanga, and private estates in Knysna, in the Eastern Cape.
The venture, started in June, was established after it emerged that Fifa's accommodation contractors, Match Event Services, was struggling to sign up the required 55000 rooms. Most of the accommodation facilities, ranging from self-catering units to hotel hains, have refused to sign over their properties to Match Event Services, citing that the contract requirements were too stringent.
However, Seeff Residential management this week said they were inundated with calls from homeowners.
This is an opportunity, don't let it slip through your fingers.


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