RESIDENTIAL PROPERTY IN SOUTH AFRICA FROM 209 075 💷 GBP

Location:
SOUTH AFRICA
Category:
RESIDENTIAL PROPERTY
Type:
Bungalow
Beds:
-
Currency:
£ GBP
Prices:
-
Results:
1 listings
# 20926016 - £209,075 - 4 Bed Bungalow, Houtbaai, Western Cape, South Africa

LIFESTYLE AMENITIES

  • Golf
  • Ski
  • Beach
  • Diving
  • Equestrian
  • Biking
  • Hiking
  • Fishing
  • Spa
  • Wine
7

LOLAKRAMER

Based in: South Africa

Telephone: +27797484911

listings

View all Listings
№: 20926016

4- Bed Bungalow for Sale

£209,075

Houtbaai, Western Cape, South Africa

Listed By: LOLAKRAMER on 24.11.2015
Browse 1 residential property in South Africa - 🏠 houses & apartments for sale from 209 075 💷 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.

The word "bungalow" means different things around the 🌎 world, but in the UK traditionally refers to smaller homes, or cottages, that are detached and only have one storey. Some countries, such as the USA, may include a second storey, but the size is always considerably smaller than a town🏠 house.

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