In a recent article by Dr Andrew Golding, it is evident that Cape Town’s property market outperforms the rest of South Africa.
The Western Cape is the ‘hottest’ regional housing market, registering double digit increases of 10.65% in prices in Q4 of 2015 (most recent data available), for the second consecutive quarter and a continuation of a sustained period of out-performance which began in early-2013.
Another factor which appears to be contributing to the Western Cape housing market’s relative outperformance is the net in-migration of homeowners from other provinces, the property company said.
Read the whole article from Businesstech here
Pam Golding Hospitality Partners and IBN:
Pam Golding Hospitality Partners comprise of five specialised and highly respected professional companies. They offer a one-stop service solution for anyone interested in exploring business or lifestyle opportunities in the Hotels, Lodges, B&B’s and Guesthouses sector in South Africa.
Evident of the tendency to buy property in the Western Cape, the website offers extraordinary options to choose from in that region as well as other popular tourist destinations in South Africa.
For a more detailed look at these properties visit Pam Golding Hospitality Partners Website.
by Dirk Meissner