select
|

Global interest in SA property rises

People all over the world are showing an increasing interest in SA property, as evidenced by a huge rise recently in the amount of international traffic to local property websites.
 
For example, international traffic has comprised 60% of the visits to
www.realnet.co.za, the website of the national RealNet estate agency group, over the past six months, with enquiries coming from 1663 cities, mostly in the UK, Europe and the Middle East, but also in Africa, Australia, the Far East and the US.
 
“And this is not just because of the additional publicity the country is getting as the host of the Soccer World Cup, although that does play a role,” says RealNet marketing support manager Piet Olivier.
 
“Other factors in play are the fact that many SA expats are now coming back home, and SA’s growing reputation as a country offering a great lifestyle and great economic opportunities. Most of the people that have been enquiring about properties here are planning to move to SA and live here permanently, not just to visit as a tourist.”
 
The rise in SA’s popularity is reflected in the 2009 Expat Experience report recently published by HSBC bank, in which the country was rated the sixth best place for people living and working overseas following a survey of UK and other expats in more than 50 countries.
 
They were asked to rank these countries in lifestyle categories like finding accommodation, finding schools for children, banking, food, healthcare, setting up utilities and making local friends, and Canada, Australia and Thailand were named as the top three, followed by Singapore and Bahrain.
 
The US, Spain, Switzerland and Germany all ranked lower than SA and the UK – a favourite choice for SA expats – only managed to place 23rd. (See the Expat Zone on
www.offshore.hsbc.com for more information on this survey.)
 
“SA was also named as the Number One country for expats wanting to settle in and stay,” notes Olivier. “Of the expats surveyed in SA, 55% said they had been living here for more than five years.”
 
In addition, he says, SA also did very well in the 2009 Expat Economics report also commissioned by HSBC, which found that expats living in SA were among the third wealthiest group in the world, along with those in Singapore and Malaysia, and much better paid, on average, than those living in the US, UK, Germany, Australia, Spain and France.
 
“In other words, SA offers expats and immigrants an excellent combination of attractive lifestyle and good remuneration, and as this becomes even more widely known, it will no doubt generate further interest in local property.”
 
Issued by RealNet


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 23 Nov 2017
      If you are looking to sell your home in today’s real estate market, there are certain things that you need to include both inside and outside your house. Today’s generation of home buyers is looking toward a more eco-friendly, energy and water conscious home, and if your house stands out then you are more likely to be able to sell it.
    • 22 Nov 2017
      Most people know of the Community Schemes Ombud Service (CSOS) and that levies must to paid to fund its operations. In this article the experts at Paddocks will address some of the issues that are causing confusion.
    • 22 Nov 2017
      While sales have noticeably slowed in most sectors in most Cape town suburbs, the security estate sector in Constantiaberg has bucked the trend by remaining buoyant, with sales by August this year already surpassing total sales in 2016.
    • 22 Nov 2017
      The end of the year is fast approaching, and so are all the travellers, tourists and holidaymakers. For those who live near or own a property in a holiday-hotspot, the festive season also brings with it an abundance of short-term rental opportunities. Its a great way for property owners to make a few extra rand for their own holidays or to put towards their savings.
    • 21 Nov 2017
      The buying process is over, and the moving truck has delivered your household goods to your new property. Now it’s time to unpack and turn your new house into a home.
    • 21 Nov 2017
      When an offer to purchase a property is signed by both buyer and seller, this constitutes a binding agreement or “Deed of Sale” between the two parties. However, in most cases the “standard contract” might not be enough to cover all the specifics pertaining to the sale. The agreement may require some additions or alterations to clauses, which needs an expert hand in the drafting of such
    • 21 Nov 2017
      As more and more South Africans look to invest in property abroad, Spain is offering them one of the best deals in global real estate.
    • 20 Nov 2017
      Since 2012, sectional title complexes have been leading the South African property market, not only in terms of price growth, but sales volumes as well. Remaining relatively strong, even in the face of 2017’s political and economic turmoil, experts say this market segment could offer valuable insight into South Africans’ property purchase priorities.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK