Off Plan Property South Africa

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Off Plan Property in South Africa

Buying off plan investment properties in South Africa has been in vogue now for several years. First it was television celebrities and famous people who stepped onto the South African property ladder, swiftly followed by the rest of us.

Since the turn of the century the South African overseas property market has gone from strength to strength specially in the Cape Town & Western Cape area.

A Solid Tourist Market

Tourists have always been attracted to the area and the improved security has only help to increase these numbers. Although South Africa is several hours from Europe, many Europeans find that it is very reminiscent to Northern Europe and a very pleasant place to spend their winter months.
Unlike many tourist areas there are only a few areas where apartment living is preferred. The majority of tourists and now investors are far more interested in resort style communities with plenty of on-site amenities and a certain degree of security.

Popular Retirement Destination 

Many of the new off plan developments now cater for this growing market with a view to reach a wider audience of retirees from the Northern European countries.

The Cape Town area has been the predominant destination since the beginning of the century, but all of the Western Cape is now a desired area. Over the course of the last year or so, investors have also begun to open up the Eastern Cape as well as several other coastal areas.

High Growth in Property Prices

Prices in general remain very attractive to foreign investors and holiday homes are continuing to increase in value. Tourism is expected to continue to grow at between 18-20% which will surely bolster the demand for quality properties.

Analysts have recently said that property prices in South Africa are expected to grow by up to 60% over the course of the next few years. Add to this an undervalued currency; and the future for property investors in South Africa looks very positive.

FIND OFF PLAN PROPERTY, NEW DEVELOPMENTS & INVESTMENT PROPERTY IN SOUTH AFRICA

8gentoffplan.com is the new off plan property listing portal of 8gent real estate Ltd allowing holiday home buyers and property investors to find off plan property and new developments in South Africa and establish direct contact with developers and promoters, not only in South Africa but in all corners of the globe.

All property developers and promoters on our South African off plan property directory are keen to assist you in the purchase of your new apartment, villa or townhouse in South Africa. All off plan property advertisers are members of 8gentconnect.com™, an international network of real estate agents & property rental companies.

If you don't find your ideal South Africa off plan property on our database and wish to get in contact with local estate agents in South Africa, please visit http://www.8gentdirectory.com/sa, the largest global directory of independent estate agents.

For ready built holiday homes and second hand property for sale in South Africa visit our sister site of 8gentproperty.com™