Buying investment property in South Africa as a foreign national or non-resident is a) possible, b) surprisingly uncomplicated and c) a good investment over the long term. Property on a global scale is known to be a stable asset and in South Africa it has historically provided year-on-year growth, with one’s investment increasing in value consistently.
If you are considering South Africa for your next property purchase, the options are endless for family or holiday homes, long-term investments or short-term revenue-generating apartments. Here are five reasons we believe investing in property in SA is a good idea.
Co-ownership of property is a unique arrangement where two or more individuals jointly own an immovable asset, sharing both the rights and responsibilities that come with it. By joining financial resources, co-buyers are likely to have a larger deposit saved to put down against a home loan, which results in receiving better interest rate offers and terms from banks.
