An update on property in south africa.
South Africa has recently experienced unbeleivable growth in the property market in the past 3 years.The last 6 months has seen a stabilisation of prices as affordability has made it difficult for investors and first time home buyers to enter the market, however interest rates are at an all time low and recent inflation data has been very positive even with oil prices having there influence. In a long term synopsis i beleive prices will rally, as Cape Town and south africa head for the world cup soccer, and that prices are not exspensive compared to the rest of the world. ie an average 2 bedroom flat near the beach costs approx 75000 usd.
and a beachfront apartment approx 100 000 usd.
I personally own 4 properties and work in cape town in the property market for remax.
If you are interested about property in south africa and need info, then contact me
http://www.husbandandwifeteam.com
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Husband and Wife Team at RE/MAX selling property in the Blaauwberg, Table View Area. Multiple award winning estate agents known for there strong internet brand and must see personal website. The Husband and Wife Team have won the coveted platinum award three years in a row. 2005, 2006, 2007. There area includes, Milnerton, Melkbos, Sunset Beach, Big Bay, Parklands, Bloubergstrand Table View, Blaauwberg, Sunningdale, West Beach, Atlantic Beach, Flamingo Vlei area.
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