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Western Cape dubbed pack leader in investment properties across SA

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The Western Cape province, is currently leading the pack in so far as it relates to buy-to-let properties across South Africa.

The Western Cape province is currently leading the pack in so far as it relates to buy-to-let properties across South Africa.The Western Cape serves as South Africa’s southernmost province.

However, there are several more reasons why investors and buyers alike have been flocking to this province., the Western Cape has held a 15 year high in national investment applications. One of the main reasons why property in the Western Cape is highly sought after, is because South African locals are fleeing to the province in search of improved surety of infrastructure and service delivery.

The trend, titled ‘semigration,’ has also led to large scale property development within the area. Many locals move to the province and rent while searching for a home or while waiting for their home to be built.

 

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Senior Business Analyst - Western Cape Cape Town CBDIT Industry News. Daily.
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