DEVELOPMENT LAND - LAND IN SOUTH AFRICA FROM 186 938 💷 GBP
- Location:
- SOUTH AFRICA
- Category:
- LAND FOR SALE
- Type:
- Development Land
- Beds:
- -
- Currency:
- £ GBP
- Prices:
- -
- Results:
- 1 listings
A rare opportunity has arisen to secure this 3 898 Square Meter piece of land situated at the top of Hout Bay with sea views & mountain views. Build your dream home today! Call now to view
Development Land for sale in Houtbaai
£186,938
Houtbaai, Western Cape, South Africa
Listed By: LOLAKRAMER on 24.11.2015View all available Development Land in South Africa from 186 938 💷 GBP on TheMoveChannel.com.
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.
Development land has the potential for developing real estate on a larger scale than an individual building plot. Planning permission may already be in place for a project, such as a resort, a community of residential properties or commercial real estate, or the land may require further investment and promotion in order to start development.
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.
Development land has the potential for developing real estate on a larger scale than an individual building plot. Planning permission may already be in place for a project, such as a resort, a community of residential properties or commercial real estate, or the land may require further investment and promotion in order to start development.