South Africa Property
South Africa property has been a popular investment choice for overseas property buyers for years – British and German buyers in particular have been attracted by modest prices, glorious climate and the sheer variety of property for sale in South Africa.
With a flight time of around 12 hours from the UK, a property in South Africa is not a realistic weekend getaway but is ideal for longer holidays and there’s always the option of short-term lets. There are few restrictions on foreign ownership of South Africa properties and mortgages are freely available locally and in the UK to buy South Africa property.
Property in South Africa for retirement is a great idea – the country is English-speaking, warm and sunny and with a low cost of living. Johannesburg is the commercial centre of the country and Cape Town property, set against the spectacular backdrop of Table Mountain and within easy reach of the country’s main vineyards is highly sought after. It is a safe and clean city with bags of culture and a high standard of living, .
George and Port Elizabeth, on the Garden Route, are other popular destinations. However, they are also among the more expensive South African property to buy.
Subtropical Durban, a vibrant city on the eastern seaboard, not far from Mozambique offers an equally sought-after slice of real estate in South Africa. More adventurous buyers of property in South Africa should look inland in a number of regions at farms and rural estates at a fraction of the price of the UK equivalent.
Whatever your preference, South Africa property is affordable, high quality and accessible, and well worth a look.
Some information contained herein may have changed since it was first published. Homes Overseas strongly advises you to seek current legal and/or financial advise from a qualified professional.