Buying a House Abroad: South Africa

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The housing market in South Africa provides a variety of opportunities for buying a house overseas.

Cape Town is the favourite desination for house hunters from overseas. The natural scenery of Table Mountain is simply stunning. Although it's a very long way from Europe, at least the jet lag is not too bad. For great advice on buying a house in South Africa see the excellent book by David Hampshire.

Lonely Planet Guide to South Africa

Beautiful images of South Africa

Ask a Professional

There are investment prospects in South Africa, but it is essential that you seek independent expert professional advice before undertaking any property purchase. There are lots of things to bear in mind, including local laws and regulations, taxes, surveyor's assessments of the building, financial currency exchange, dealing with interbank transfers, volatity of the housing market, etc. etc. Any property purchase is a major undertaking.

It may seem obvious but it's well worth going on holiday to a country several times to see if you like it.

Surge in Interest

The interest in purchasing property abroad has increased at an amazing rate in the past five years, fuelled in the UK by a booming domestic housing market making overseas properties seem good value for money. Also, TV programmes like Channel 4's `A Place in the Sun' have made everyone realise that owning a property abroad is no longer just for the rich and famous. People are interested in purchasing a home overseas for a variety of reasons - enjoyment, investment, a new life, retirement, and more.

All links and text on this site have been provided for informational purposes - they are not recommendations.