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About South Africa articles
South Africa is one of the most geographically varied countries of the African continent, comprising territory that ranges from the rolling, fertile plains of the highveld and the wide open savanna of the Eastern Transvaal to the Kalahari desert and the peaks of the Drakensberg Mountains. While all of its diverse regions offer ample opportunities for adventure travel, the focus in South Africa--as in much of sub-Saharan Africa--is the safari. In addition to possessing two of the world's most renowned wildlife reserves, the Kruger and the Kalahari Gemsbok Nat... [Читать далее]
South Africa has the second strongest economy on the African continent. Below are some of the reasons that make South Africa a worthwhile investment area.Unfortunately many people liken South Africa with its northern neighbour, Zimbabwe. However, unlike Zimbabwe, the South African government is outward looking and realises the great contribution foreign investors can make to the economy, taking proactive steps to encourage property purchasers to South Africa.
Apart from South Africa being a marvellous country in terms of standard of living and climate, today... [Читать далее]
here are a number of reasons why South Africa is such a sought after destination: Could it be because of the beautiful and diverse landscape or the fact that it is the economic hub of Africa. It might even be a combination of the two, but one thing is for sure - it is definitely not hard to come up with 10 reasons to invest in this beautiful country.
1. Property investment offers relative stability
This means that you are more likely to get return on your investment in South Africa than, let say, the stock market for instance. It is also the perfect place ... [Читать далее]
South African Property offers a safe bet in these uncertain times.With crashing property markets worldwide, take advantage of South Africa's economic boom, and 2010 Soccer World Cup, coupled with a stable protected economy and first world infrastructure, South Africa presents the perfect opportunity for property investors. From the world renowned beaches of Cape Town to the game farms in the Limpopo.
Own beachfront properties in Camps Bay,Clifton,Hout Bay or a game farm or villa among the big 5.Perhaps a private island along the warm waters of the Indian O... [Читать далее]
When investing in South Africa there are some economic issues of which you should be aware. Below we have listed varioussome facts to assist you in your research.
With a growing middle class in the previously deprived black population and an increase in tourism partly stimulated by the 2010 World Cup, there is a high demand for residential property in South Africa. Furthermore the interest of overseas second homebuyers has helped to keep this market steady.
Capital Growth
The South African property market continues to experience a steady growth... [Читать далее]
Below we have gathered information regarding buying property in South Africa. This is intended to help you to decide whether property investment in South Africa is a feasible option for you.
Economic Factors
Please refer to main page for in depth details regarding Economic Factors
Investment Growth
A growing middle class and the 2010 World Cup have helped bring about a new demand for property in South Africa, especially within the rental market. Admittedly 2007, with the introduction of higher interest rates has seen a slowdown in propert... [Читать далее]
The mortgage, or bond market, in South Africa is very well developed with many similarities between the British and European markets. However, one big difference is that self-certification mortgages are not generally available.
Non-residents are restricted to borrowing 50% of the purchase price. Therefore, on a house costing 1,000,000 ZAR (70,000 GBP), the buyer will be required to fund 500,000 ZAR, which must be brought into the country through the South African Reserve Bank. Once these funds have been officially recorded, a bond for the other 500,000 ZAR can... [Читать далее]
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