South Africa has seen some ups and downs in the real estate market over the last few years but perhaps it’s had more cause in the last year than ever to show signs of instability. Despite the many challenges, however, things remain mostly stable.
In terms of real estate South Africa is currently a buyers’ market but does this mean that it’s the right time for you to be purchasing property? Most experts will tell you that there are several factors to consider before buying a house as an investment.
If you currently have your property for sale in Scottburgh and are unsure how things should be done when approached by a foreign investor, we go over some of the details that you need to be aware of when selling to an international buyer.
Foreign investors might not be queueing up to buy property in South Africa at the moment, but that doesn’t mean our fellow African investors share their sentiments. African investors are more than happy to spend their money in South Africa and their property purchases prove that.