south africa real estate Archives

The Charlotte: Embodying Cape Town's transformation into a world-class investment destination Cape Town, long celebrated for its breathtaking landscapes and vibrant culture, is rapidly emerging as a powerhouse in the global investment arena. The city's ascent is not merely a testament to its natural beauty but a reflection of strategic urban development, economic resilience, and a forward-thinking approach to international business and tourism. The recent accolades bestowed upon Cape Town - including the Best Destination in Africa in 2023 and second place in the 50 Best Cities in the World to Visit[1] - are more than just tourism honours, and signify a city that has successfully positioned itself at the intersection of lifestyle and investment opportunity. This dual appeal is driving a s...

“As we end 2019, and reflect on some of the highlights, it’s heartening to note that banks were lending up to 105% and aggressively competing for business – to this end the sentiment was that this was a bullish move by the banks and likely to have been based on a sense that the market had bottomed out and that there is confidence in a market comeback in the future,” says Mike Greeff, CEO of Greeff Christie’s International Real Estate. “The repo rate was decreased and remained there, which we in the industry welcomed,” he adds. Greeff says that sentiment improved post election, and adds that Greeff Christie’s International Real Estate experienced a significant uptick in buyer activity. “Currently there is a noticeable increase in buyer interest and this has been the case following the Rugby...

Tag: south africa real estate

Cape Town’s rise as an international investment destination

Outlook for Cape Town property landscape – Where to invest