Real Estate South Africa: Supply and Demand.

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There’s a great demand from foreigners, particularly those of German or British extraction, who wish to purchase property in South Africa as either an investment or a retirement property. Indeed, the market conditions and climate in South Africa make the country very conducive to overseas investors.

From purchasers of single properties for residential or holiday-letting purposes, right through to international property developers, there is a lot of call for both in-country and international real estate agents, as well as online estate agents who manage to bridge the geographical boundaries between countries via their online presence.

From Western Cape to Limpopo, it’s possible to find a cheap house sale throughout South Africa. However, there might be more to appeal to foreigners in and around the major cities.

According to the list of the 50 Most Populous Cities in Africa, South Africa is well represented, with Johannesburg topping the list for the nation in 6th place, and Port Elizabeth squeezing in at no. 49. Cape Town, Durban and Pretoria also get a mention and an indication of each specific city and urban population is included below:

Data has been compiled from the results of the ‘Statistics South Africa, Community Survey, 2007.’

If you’re looking to sell your home in South Africa, perhaps it could pay to look further afield than within the national boundaries. With international property interest in South Africa, the time could be right to submit your sale overseas.