BANK REPOSSESSION IN WESTERN CAPE, SOUTH AFRICA
- Location:
- WESTERN CAPE, SOUTH AFRICA
- Category:
- INVESTMENT PROPERTY
- Type:
- Bank Repossession
- Beds:
- -
- Currency:
- £ GBP
- Prices:
- -
- Results:
- 1 listings
Yield:
Contract Term:
Finance:
Opportunity:
6 - Bed - Bank Repossession
Invest From: POA
City of Cape Town, Western Cape, South Africa
Bank RepossessionBank Repossession - find opportunities in Western Cape, South Africa on TheMoveChannel.com.
After six long years of stagnation and even in the face of an economy that's shown little movement, property prices across South Africa's Western Cape are finally on the up. As such, new investor interest is being directed at the region at a pace not seen for some time, although buy-to-let investment opportunities remain somewhat thin on the ground, at least as far as healthy yields are concerned. Even with property prices still comparatively low, Cape Town yields hover around the 3 per cent to 4 per cent mark, but short-term holiday lets can be more profitable. Buying to sell is another story, as with the market's return to strength only just beginning, economists believe that from hereon in, the only way is up.
After six long years of stagnation and even in the face of an economy that's shown little movement, property prices across South Africa's Western Cape are finally on the up. As such, new investor interest is being directed at the region at a pace not seen for some time, although buy-to-let investment opportunities remain somewhat thin on the ground, at least as far as healthy yields are concerned. Even with property prices still comparatively low, Cape Town yields hover around the 3 per cent to 4 per cent mark, but short-term holiday lets can be more profitable. Buying to sell is another story, as with the market's return to strength only just beginning, economists believe that from hereon in, the only way is up.