South Africa
The now stable South African property market is proving a magnet for international investors, amongst whom are tens of thousands of second home purchasers from the UK.
South Africa really does offer something for everyone, from magnificent beaches, unspoiled landscapes and an abundance of stunning wildlife, one of the world’s most popular cities (Cape Town), an abundance of mountains and countless miles of coastline for sportspeople, vibrant nightlife for the jet set and miles of vin yards for those wine lovers.
Few other countries in the world offer such an exhilarating mixture of beauty, culture, history, nature and friendliness, and as a location for a holiday, retirement or permanent home, South Africa has few rivals. South Africans of all racial and cultural backgrounds tend to be open and welcoming, keen to introduce foreigners to their country and share its attractions but also refreshingly realistic and honest about the challenges their country is facing.
Over the last five or so years, homes on private estates (including golf estates, wine estates and equestrian estates) have become extremely popular. In addition to a range of facilities, they offer 24-hour security, enabling residents to enjoy all the advantages of life in South Africa without the disadvantages of the high levels of crime and social deprivation found in some of the major cities. As a bonus, estates usually have strict regulations, including architectural guidelines, which help to protect the lifestyle and investment of all homeowners.
Estate properties in general offer a good return on investment and excellent resale values. Golf estates in particular have consistently returned some of the highest growth rates in the South African property market.
In addition to offering a wide choice of properties and generally good value, South Africa enjoys a pleasant climate for most of the year, particularly along the coasts. The property market in South Africa has been buoyant in recent years and has continuously grown around 15% year on year and looks set to continue this form for years to come.
COMING SOON!!!!!
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Key Facts
Capital:Cape Town
Money:Rand
Language:Isizulu
Flight time from UK:8-9 hrs
2006 property Growth:15%
Potential Rental Yields:8%
