With several airlines have resumed flights to Mauritius, the just-launched Phase 4 in the well-established Mont Choisy Golf & Beach Estate in Grand Baie is also set to take off as buyers begin flocking in to view the site, says Richard Haller, director of Pam Golding Properties Mauritius. Says Haller: “On the back of […]
Reward Properties is a new joint venture which will offer investors unique opportunities to buy into the attractive high-end residential Portuguese real estate market.
Ross Levin, Managing Director for Seeff Atlantic Seaboard and City Bowl says there has been a notable uptick in the market including demand from foreign buyers, especially from the European countries which have experienced hard lockdowns and are in their winter months.
While wealthy South Africans view investment in a second passport as worthwhile and demand for these have escalated drastically over the last year, Nadia Read Thaele, Founder and CEO of LIO Global, a leading specialist firm in second residency and citizenship by investment, says the ability to invest in property is an added advantage.
The current market outlook is stressful for South Africans who are looking to invest. On April 6, 2020, the Rand was trading at R19,26 to the US Dollar but by November 27, our currency had strengthened significantly against the greenback to R15,19, at the time of writing, its best level since the first week of March.
“This monumental uncertainty in the world’s biggest economy is going to send global stock markets into a tailspin as investors get rattled about a clear outcome taking longer to reach than they hoped.” – Nigel Green, Chief Executive and Founder of deVere Grou
The defining feature for the property sector is that capital behaves very differently in South Africa when compared to the rest of the world. The rand is more liquid and there is also a much higher portion of pension funds, relative to GDP, under management.
The world’s business landscape has changed dramatically, leaving some sectors lagging while others offer greater stability for long-term investment opportunities. As the COVID-19 pandemic continues to dig a deeper hole in the pockets of global economies, there are however still opportunities for canny investors. Where should South Africans be looking to invest post COVID-19? The […]
As the COVID-19 pandemic continues to highlight the fragility of the economy and related market investments in times of crisis, it also underlines the tangibility of real estate as an option to which investors will be drawn. And for those considering investment and/or emigration into Europe or Australia, there are other countries with far more […]
“The right information at the right time is nine tenths of the battle.” Napoleon We live in uncertain times and this uncertainly just keeps escalating. Last week we had a fascinating series of events where we interviewed different people in the markets to understand what is happening and what to do about them. We had […]
Recent reports reveal that emigration sales are on the rise, climbing from 7.3% of property sales in 2017 to 15.7% of sales in Q3 2019. While some may well be choosing to leave, those who choose to invest in the local property market can be glad they chose to stay instead. According to Regional Director […]
Foreign residency and citizenship by investment (RCBI) programmes have become increasingly popular in South Africa in recent years, as people look for a second residency or citizenship for personal and business reasons. But few people and advisers are aware of the full range of lifestyle, business, investment and tax benefits to be gained when the […]
Time is running out for those who wish to take advantage of the current, lower investment threshold for foreigners to access a US Green Card through the Immigrant Investor EB-5 Programme. As from 21 November 2019, this amount increases from $500 000 to $900 000, points out Chris Immelman, who heads up Pam Golding International. “This is […]
ONE & ONLY RESORTS INTRODUCES ULTRA-LUXURY PRIVATE HOMES IN MAURITIUS TO SOUTH AFRICAN MARKET Offering various hotel and restaurant outlets, Global brand, One&Only has introduced their first collection of Private Homes at one of their resorts in Le Saint Géran, Mauritius – offering exclusive freehold beachfront residences for discerning South African buyers. The launch of […]