USA starting to love SA
2010/04/29

"Estate agents across South Africa are reporting an increase in interest from the USA in the local residential property market. "

Every month people from over 160 countries around the world view properties on local property websites. Currently there seems to be a dramatic increase in the number of website visits from the United States of America to the extent that this group, in terms of foreign interest, is now only second in number to the amount of visits received on local property websites from those in the UK.

This is somewhat revealing as, to date, it appears that Americans comprise the largest group of overseas visitors who will be coming to South Africa during the 2010 FIFA Soccer World Cup. So it seems that awareness of South Africa has certainly increased among Americans.

The Garden Route, popular among overseas visitors and leisure property owners, see an annual influx of international "swallows" during the period from September to April. With its spectacular scenery, outstanding golf courses and outdoor activities as well as offering a safe and relaxed lifestyle, many overseas buyers look to retire here either now or in the future.

They tend to look in the price range from R 1.5 million upwards for a lock-up-and-go style home.

SA Property Investor