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Property to boom on back of World Cup
Country: South Africa
7 May 2009 The South Africa property market is expected to boom in the run-up to the 2010 Football World Cup, thanks to the extensive global exposure the host country will receive, according to the Pam Golding property group (PGP). Although South Africa has already hosted a number of top-end international sporting events, including the 1995 Rugby, and 2003 Cricket World Cups, the Women's Golf World Cup 2005, and the only street race for the A1 GP World Cup of 2006, the country has never held the FIFA World Cup. The first ever football World Cup to be hosted on African soil has the potential to be the biggest sporting event of all time. The tournament is traditionally a big hit, and is the world's biggest single code sporting event in terms of audience – including billions of television viewers. “As we start approaching the six-month build-up prior to the World Cup, it is likely that the hype and enthusiasm generated will have a positive effect on all segments of the market — supplemented by the favourable and significant infrastructural spend,” Pam Golding Property group CE Andrew Golding told Business Day. “The biggest impact of 2010 on the property market in Johannesburg will be the significant increase in the value added to homes in and around the huge infrastructural development that is being put in place for the event,” says PGP’s MD for Gauteng, Ronald Ennik. There are various large-scale schemes taking place across the country, which are expected to bode well for residential values nationwide.
See Also: South Africa
Some properties in South Africa
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Price: £97,850
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Type: Apartment
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Bedrooms: 2
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Country the property is in: South Africa
Region the property is in: Western Cape
Town the property is in: Cape Town
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Price: £112,995
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Type: Apartment
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Bedrooms: 2
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5 spacious recently smartly renovated apartments in beautiful historic sandstone building. 4 x 2 bedrooms, 1 double storey 4 bedroomed unit, terraced gardens,sea views over bay, harbour and mountains
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Price: £185,000
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Type: House
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Bedrooms: 4
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4 bedroom, 2 bathroom, house in Linden, Johannesburg, with a cottage at back and a pool, parking for 5 cars, plus 2 garages. The plot of land is ¾ of an acre, or 3,000sqm.
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Price: £190,000
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Type: New Home
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Bedrooms: 3
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By combining a unique wildlife estate with the world famous beaches of Jeffreys Bay, Savuti Estate has brought together the best of both worlds. Truly wildlife living by the sea!
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Price: £217,620
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Type: House
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Bedrooms: 4
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A beautiful family home in this popular wildlife estate. This house has it all and is being sold with all furniture and kitchen appliances, so a hassle free investment as a holiday home or move the whole family to the bush.
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Price: £272,025
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Type: House
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Bedrooms: 4
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Come Home to the Bush!
Beautiful, private family home in a secure Wildlife Estate. Open design flows to infinity pool that overlooks a waterhole. Sip cocktails and watch the animals come and drink.
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Price: £280,000
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Type: New Home
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Bedrooms: 4
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Imagine sipping a sundowner on the veranda of your very own luxury home in a private wildlife estate just a stone's throw away from Jeffreys Bay's world famous beaches.
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Price: £299,227
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Type: House
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Bedrooms: 4
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Double storey multi-level family home with stunning sea view plus 3 self-contained flats
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Price: £350,000
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Type: New Home
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Bedrooms: 4
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By combining a unique wildlife estate with the world famous beaches of Jeffreys Bay, Savuti Estate has brought together the best of both worlds. Truly wildlife living by the sea!
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View details | Enquire further
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Price: ZAR 2,000,000
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Type: Villa
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Bedrooms: 4
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Real Estate this close to the beach do not become available every day. Mediterranean climate, Pristine white sandy beach. The freshest air on the planet and 360 days of sunshine a year.
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