Real Estate South Africa

14/07/2014

Nigerians among top property buyers in South Africa

Nigerians have been listed among some of the top foreign buyers of choice properties in different parts of South Africa, with particular focus on developing areas instead of highbrow areas of Pretoria, Cape Town, Durban and Johannesburg.

For instance, Nigerians and other foreign buyers purchased about 670 properties worth about R800 million in Kwazulu Natal and 260 properties worth about R23 million in the Eastern Cape. Checks reveal that there is a growing trend among the said foreign buyers to purchase properties in South Africa as investment, rather than for their own use.

Read more at http://businessdayonline.com/2014/07/nigerians-among-top-property-buyers-in-south-africa/

Nigerians have been listed among some of the top foreign buyers of choice properties in different parts of South Africa, with particular focus on developing areas instead of highbrow areas of Pretoria, Cape Town, Durban and Johannesburg.

05/07/2014

Foreigners buying up SA property

Foreign buyers bought almost R6.5 billion worth of properties in South Africa last year, and not all of it in Cape Town or Johannesburg, property company Sotheby's International Realty SA said on Saturday.

http://www.timeslive.co.za/local/2014/07/05/foreigners-buying-up-sa-property

Foreign buyers bought almost R6.5 billion worth of properties in South Africa last year, and not all of it in Cape Town or Johannesburg, property company Sotheby's International Realty SA said on Saturday.

20/06/2014

Foreign property buyers take advantage of weak South African Rand

http://www.opp-connect.com/19/06/2014/foreign-property-buyers-take-advantage-of-weak-south-african-rand/

Foreign real estate buyers can get added value from the Rand exchange rate, says Cape Waterfront EstatesForeign property buyers take advantage of weak South African RandJune 19, 2014in Africa, Featured News, Forex, Investment, Lifestyle & Leisure Properties, Market Trends, News, News By Region, News…

14/05/2014

The rising South African middle-class has resulted in a high demand on high-end residential properties. Read on at http://www.cnbcafrica.com/news/southern-africa/2014/05/13/safrican-residential-property-market-on-the-rise/

The rising South African middle-class has resulted in a high demand on high-end residential properties.

26/03/2014

South African property delivered a stable 15.3% total return in 2013 Read the full article here http://www.eprop.co.za/news/item/16188-south-african-property-delivered-a-stable-153-total-return-in-2013.html

The IPD South Africa Annual Property Index shows that the South African investment property sector delivered a stable 15.3% total return in 2013.  The...

12/03/2014

Sawubona… (Good morning in Zulu)

Did you know that an apartment in a top-end Cape Town suburb will cost you less than a quarter of an apartment of similar size and quality in many other global property hot spots. Example: In Monaco you pay about $1m for a 15m² space, in Cape Town $1m gets you a top-end 215m² apartment.

And a property in Cape Town is a good investment too. Cape Town is placed 51st in Knight Frank’s global growth rankings, with upper-end house prices in the Mother City rising by an average 0.2% last year.

Are you planning to buy property in South Africa? Do you want to learn how it works and how you can get the best deal? Simply contact us and we show you the way.

Visit http://www.real-estate-south-africa.org/ for more information.

Please take a moment to leave your comments or thoughts below.

Have a great day... Claus

And do not forget: If you are fan of South Africa please share with your friends.

MORE: Immigration South Africa - Intergate Immigration Service

08/01/2014

South Africa Real Estate Gains 6.8% in 2013

Read more: http://newstonight.co.za/content/south-africa-real-estate-gains-68-2013

House prices across South Africa registered average gain of 6.8% as per data released by FNB House Price Index on Tuesday. However, the rise was lower compared to year 2012 when the real estate prices firmed up by 7.1 percent. However, the real estate price rise compared to basis of inflation is muc...

18/11/2013

Appetite for South African Residential Property on the rise -

http://www.sacommercialpropnews.co.za/property-types/housing-residential-property/6472-appetite-for-south-african-residential-property-on-the-rise.html

Asset managers are positioning themselves to benefit from growing demand for residential property from institutional investors, by launching funds investing solely or partially in the asset class.

14/11/2013

South Africa property market is growing

Pam Golding Properties’ CEO Dr Andrew Golding explained the property market has recorded growth for the first time in five years.

The fragile state of the economy has seen house prices remain stagnant over the past few years.

But according to Golding, the trend is changing.

He said there's a shortage of houses for sale, which means the demand is growing.

http://ewn.co.za/2013/11/14/Location-location-location

For the first time in years the South African property market has experienced growth.

05/11/2013

Johannesburg's crime hotspot transformed to hipster hangout

In downtown Johannesburg -- once a no-go zone riddled with crime -- a young entrepreneur is sparking an urban restoration.

Property developer Jonathan Liebmann is busy rejuvenating the South African city's industrial heart after years of urban decay, with his Maboneng Precinct, on the east side of Johannesburg's central business district.

http://edition.cnn.com/2013/11/04/business/johannesburgs-crime-hotspot-transformed/

Downtown Johannesburg -- once a no-go zone riddled with crime -- is undergoing an urban restoration.

05/11/2013

Shanghai Zendai to Buy Property in South Africa for $104.6 Mln

SHANGHAI--Real-estate developer Shanghai Zendai Property (0755.HK) has agreed to purchase property in South Africa for 1060.98 million rand ($104.6 million) from AECI (AFE.JO), it said on Tuesday.

The Johannesburg property includes approximately 1,600 hectares of land and buildings in Modderfontein near the city's main domestic and international airport, Shanghai Zendai said in a statement posted on the Hong Kong stock exchange website.

It plans residential, commercial, light industrial and retail development, it said.

http://online.wsj.com/article/BT-CO-20131104-714707.html?dsk=y #

SHANGHAI--Real-estate developer Shanghai Zendai Property (0755.HK) has agreed to purchase property in South Africa for 1060.98 million rand ($104.6 million) from AECI (AFE.JO), it said on Tuesday.

21/10/2013

South African property no longer best kept secret

Savvy investors will be aware that it often pays to move away from traditional property hotspots and investigate locations slightly off the beaten track. South Africa has emerged as a favourite among certain buyers, becoming one of the best kept secrets in the market. However, real estate in the country is starting to find itself on the radar of more and more investors, Property Wire reported.

http://www.propertyshowrooms.com/south%20africa/property/news/south-african-property-no-longer-best-kept-secret_312920.html

Savvy investors will be aware that it often pays to move away from traditional property hotspots and investigate locations slightly off the beaten track. South Africa has emerged as...