Houses for Sale in South Africa

Should one buy a house in South Africa?

Rising inflation rates and unstable house prices are making many South Africans wary of buying their own home. However, buying a house, as opposed to buying a flat or renting a property, is still one of the best investments you can make. Property experts expect continued and significant growth in both the value of homes and the rental market in 2008, with the year on year growth in home values still beating inflation. Returns on properties also average on 15%, which far exceeds the 9% interest offered from banks.

The rate of increase of property rentals is steadily rising and as expected to keep doing so. This means that anyone who invests in houses for sale in South Africa can be assured of sustained tenants for years to come to help defray expenses.

Kinds of Houses for Sale in South Africa

There is a huge variety of houses for sale in South Africa.

Low maintenance complex living is the ever growing popular choice amongst many South Africans. The security of living within a walled complex is appealing to many young families. These houses also rent out easily and are thus popular with investors.
Estate living also offers a popular variety houses for sale. This type of property offers a lifestyle as well as a home, thus making it more expensive.  Houses are usually built in a similar style. One can choose from golf estates, eco-estates etc.

First time homeowners are also drawn to purchasing townhouses.  These are often smaller semi-detached houses offering more freedom than complex houses with make them excellent rentals.

Traditional houses in South Africa are not restricted in style, size or proportions. From old Cape Dutch style thatched roof buildings to modern glass-fronted beach mansions, houses for sale around the country offer something for everyone. And if you can’t find what you are looking for, buy a vacant plot and build your own dream home.

Houses for Sale with Cape Coastal Property Group

Cape Coastal Property Group is the premier real estate agency in the South Peninsula area of Cape Town, South Africa.  Cape Coastal has in their portfolio numerous houses for sale, to rent and holiday let. Cape Coastal estate agents provide a level of expertise that will facilitate your next real estate transaction.

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