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Porperty In South Africa Porperty In South Africa

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Buying Property Abroad Thnking of buying a house in Spain or somewhere else abroad? Post about your questions, answers, and experiences here.

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Old 06-10-2010, 10:27 AM
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Join Date: Oct 2010
Posts: 1
Default Porperty In South Africa
Hi

Over the last few years there there have been alot of foreigners buying property, especially in Cape Town.
Was curious to know if there is anyone who owns a property here ??
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Old 07-03-2011, 12:07 PM
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Join Date: Feb 2011
Location: Johannesburg
Posts: 40
Default Re: Porperty In South Africa
Hi Palmer
Although it is becoming progressively easier for foreigners to invest in South Africa many laws and rules remain a complex subject. I don't own property in Cape Town but I know someone who does and according to him foreign buying of property in Cape Town has dropped significantly in the face of a strong rand and global economic conditions. Non-residents can purchase property for cash and also rent property easily because the transactions are straightforward.
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Old 09-08-2011, 07:25 PM
Property Forums
  
Join Date: Aug 2011
Location: London
Posts: 8
Default Re: Porperty In South Africa
my family sold all theirs over there quite some time ago
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