Profitable Property Investment In South Africa

1. Profitable Property Investment In South Africa Investments in property often result in consistent high returns, which is undoubtedly rewarding financially. Profitable investments in South Africa properties will help a foreigner, who has come recently to stay permanently here or may be has got plan to not stay consistently but visit every now and then, get financially strong. Property Investment In South Africa will not disappoint any investor, as this land attracts many for its exotic beauty and promising future. All sorts of property can be availed in South Africa, if you have got appropriate funds with you for buying so. You can buy commercial property and give it on rent to shopkeepers, retailers and businessmen or corporate people. You can also buy residential property for your own comfortable living in this exotic land as well as also can give it on rent. Apartments on rent and villas or bungalows on rent are always looked for by people, both the natives and the foreigners. If you can make investment on good and glamorous looking houses here, then it will not take much time to attract attention of quality tenants, who will offer good rental payment for your residential property. Ultra expensive rental properties in South Africa’s national capital city Cape Town captures attention of financially strong tenants very easily. If you can invest to own such property, every year you will find more than what you invested will roll back to you from in the form of handsome payments paid by the tenants. Property investors roll in money in such places, just make sure you get own really quality and sophisticated looking villas, bungalows, apartments etc. As per a very reliable official property market news source it has been found that at 8.9 percent year on year in February 2017, the Cape’s housing market is doing better and beating the other significant regional markets by an encouraging margin and has a major role in exceeding national house price inflation of 4.1 percent for the same period.

2. It has been found that central city apartments are being currently sold at R 55000 per square meter. Cape Town is a prime global holiday destination and offers impressive investment potential. Property Investment In South Africa can return you the best, if I is done at Cape Town due to the reason already mentioned. Johannesburg and Kwazulu-Natal are two South African cities which also show good property investment scope as these places are also liked by South African natives as well as foreigners. The decision by the Monetary Policy Committee of the SARB (South African Reserve Bank) to keep the interest rate at the current level of 7% (home loan base rate of 10.5%) has helped further the property investors to do investment fruitfully and expect better returns from their investments. People are getting interested more to buy residential and commercial properties, which the real estate companies are finding very satisfying and commercially rewarding. Scope for earning impressive profit amount is also there for commercial property owners in South Africa. Keeping the rate flat has surely contributed to boost the property market. Contact Us: Address:3rd Floor, 160 Jan Smuts Avenue Rosebank,Gauteng, 2196 South Africa Phone: 011 684 2707 E-mail: info@highstreetauctions.com Website: https://www.highstreetauctions.com/