Growing group of SA expats returning home - to luxury estates | Business

Ryk Neethling, marketing director of Val de Vie in the Cape Winelands, estimates that demand from returning SA expats contributed to price increases of 20% to 25% year-on-year at the estate.A growing group of expats is returning to South Africa, and buying homes in luxury estates, property groups report.

For example, between 10% and 15% of enquiries at the Val de Vie estate near Paarl in the Cape Winelands are from South Africans who have spent a significant time overseas or foreigners. Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

_Business As long as they are not criminals 🙄

_Business MagnusHeystek

_Business We need many to return and live in the Western Cape the new Independent Country in 2024. Come and help us achieve our goalm

_Business Behind gated communities.

_Business So what? How is it our business?

_Business Lol 🤣

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