The recently published Africa Wealth report for 2022 by New World Wealth has revealed which countries and cities on the continent are home to the highest number of high net worth individuals - 4 South African cities feature in the top 10.
The Covid pandemic has been an enormous boost for the property market with low-interest rates and favourable mortgage conditions driving many areas to the highest sales in five years and record highs across many neighbourhoods according to the Seeff Property Group.
10 Luxury estates with higher average selling prices
07 Feb 2022
Estate living is the fastest-growing luxury property trend in South Africa. According to the Seeff Property Group, it is also not uncommon for properties in estates to achieve higher average selling prices compared to their surrounding neighbourhoods
Property is a hot commodity, and rarely does an investment conversation unfold without delving into a discussion around market trends and buyer appetite, says Carol Reynolds, Pam Golding Properties area principal for Durban Coastal.