Geographic Information
Description of South Africa
The 2010 FIFA World Cup thrust South Africa right to the forefront of the world’s media for all the right reasons, but how has such exposure affected the nation from an investor’s perspective? Interestingly, the biggest housing market boom of all took place between 1997 and 2006, when average values rocketed by an astonishing 350 per cent. This kind of pace couldn’t be maintained, but shrinkage in the meantime has been minimal and the temporary spike from the 2010 World Cup registered no more than a blip. So, what’s left is a South Africa where property values are stable, rental yields as high as 13 per cent aren’t uncommon in Johannesburg and holiday lettings are very big business in Cape Town.
Current Property Prices in South Africa
Key Facts:
Currency: SOUTH AFRICAN RANDTime Zone: South Africa Time Zone
DialCode: 27
Languages: Zulu
Capital: Pretoria
Population: 51,770,560
GDP: $371.211 billion
Latest News & Features for South Africa
Latest News
Watch – Worst drought in 30 years hits South Africa
Will South Africa’s Expropriation Bill impact foreign demand?
Watch – Mountain bikers gather for S.Africa’s Cape Epic race
Watch – Raging wildfires destroy homes in Cape Town
Bali and Cape Town offer biggest bang for Brit bucks
South Africa’s weak currency means big bargains for Brits
Watch – How South Africa’s falling currency boosts tourism
Watch – Tourists profit from South African currency slump
South Africa’s property starts 2014 on a high
Nelson Mandela’s memorial service in Johannesburg attracts tens of thousands
Watch – Barack Obama: Nelson Mandela “belongs to the ages”
South Africa voted most vulnerable emerging market?
South Korea signs $5.4bn currency deal
South Africa: The property secret’s out
Waterfront properties over 60pc more expensive
South Africa tourism efforts reach over 1 billion people
Cairo, Cape Town lead 20 African cities labelled as key commercial property opportunities
South African housing shortage drives up prices
South Africa property investment becoming more attractive
Investments Explained: Residential property
Will South Africa’s Expropriation Bill impact foreign demand?
Watch – Mountain bikers gather for S.Africa’s Cape Epic race
Watch – Raging wildfires destroy homes in Cape Town
Bali and Cape Town offer biggest bang for Brit bucks
South Africa’s weak currency means big bargains for Brits
Watch – How South Africa’s falling currency boosts tourism
Watch – Tourists profit from South African currency slump
South Africa’s property starts 2014 on a high
Nelson Mandela’s memorial service in Johannesburg attracts tens of thousands
Watch – Barack Obama: Nelson Mandela “belongs to the ages”
South Africa voted most vulnerable emerging market?
South Korea signs $5.4bn currency deal
South Africa: The property secret’s out
Waterfront properties over 60pc more expensive
South Africa tourism efforts reach over 1 billion people
Cairo, Cape Town lead 20 African cities labelled as key commercial property opportunities
South African housing shortage drives up prices
South Africa property investment becoming more attractive
Investments Explained: Residential property
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