Houses for Sale in South Africa
Why Buy a House?
With unstable inflation rates and rising house prices, many South Africans are shying away from buying their own home. However, buying a house, as opposed to buying a flat or renting a property, is still one of the best investments you can make. Property experts expect continued and significant growth in both the value of homes and the rental market in 2008, with the year on year growth in home values still beating inflation. Returns on properties also average on 15%, which far exceeds the 9% interest offered from banks.
A Property24 report also states that rate of increase of property rentals is steadily increasing and as expected to keep rising. This means that anyone who invests in houses for sale in South Africa can be assured of sustained tenants for years to come to help defray expenses.
Types of House for Sale in South Africa
Whether you want to invest your hard-earned money in property or are looking for an ideal family home, there is a huge variety of houses for sale in South Africa.
Complex living is a new and popular choice amongst many South Africans. Communal gardens and services help keep maintenance costs down and the added security of living within a walled complex is appealing to many young families. Such residential houses are also popular with renters as they offer the low-maintenance and safe lock-up-and-go style of living that many tenants desire, making this type of property ideal for investors.
Estate living also offers a new and popular variety of
residential properties for sale. Usually a more lucrative – although more expensive - investment, this type of property offers a lifestyle as well as a home. Each estate offers a distinct type of living, with houses all built in a similar and complementary style. Choose from lush golf estates, eco-estates and mixed use estates.
Townhouses are also popping up all over South Africa. These semi-detached houses often offer more freedom than complex living, but are small and manageable, making them appealing to first-time homeowners and renters.
Traditional houses in South Africa are not restricted in style, size or proportions. From old Cape Dutch style thatched roof buildings to modern glass-fronted beach mansions, houses for sale around the country offer something for everyone. And if you can’t find what you are looking for, buy a vacant plot and build your own dream home.
Houses for Sale on Property24
Property24 is South Africa’s leading online property portal, listing hundreds of available
houses for sale and
rent. Input your exact criteria for your perfect house into the search function and let Property24 do the rest. Whether you are looking to invest or buy your first home let Property24 be there for you!