experts say bricks and mortar assets should not be discarded. Also, adding to the appeal is the fact that average house price growth in South Africa has not kept up with inflation for several years now, and according to Lighthouse Property is likely to remain subdued.
But foreigners aren’t just buying into Mauritius for the ocean view. The policymakers have made a significant effort to create an attractive environment for foreign direct investment. The country’s business and finance practices are considered one of theAccording to a report focusing on property markets across Africa published by Seeff Properties, Namibia and Botswana are rising in the ranks and are standout investment opportunities.
Locals think property overseas is not for them because studios in London and Paris cost R20-million and they have to pay cash,” says He says by buying into the right areas, where demand for accommodation is high, landlords could be cash flow positive from day one.In response to growing demand from our clients for overseas property investment, we have identified several international cities with excellent investment potential with apartments in the €200,000 to €400,000 price bracket which can typically be bought using a 50% bond,” he says.
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