Luxury Property for Sale in South Africa - Property for Sale

Now is the time to take a closer look at luxury property for sale in South Africa

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It is an understatement to say that 2020 did not quite turn out to be the year we expected it to be. The global pandemic has put a pause on almost all plans and has thrown many sectors into disarray – including the property market that seemed to be recovering in South Africa. Yet, the news is certainly not all doom and gloom. For those who were hoping to secure a dream home this year, it could yet be the perfect time to do this. Given the current circumstances and resulting market conditions, this could be the perfect time to look at luxury property for sale in South Africa.

 

Here are some of the top reasons why this is the ideal time to look at property for sale:

 

  • You can find excellent deals right now

 

The South African property market was already moving slowly before the current global pandemic due to a number of conflating reasons. The pandemic has put the brakes on even further. Due to this, there are a number of homeowners who are itching to move their properties to free up their prospects. This leads to great, once-in-a-lifetime deals where buyers can find premium properties for sale at bargain prices.

 

  • The interest rate is at its lowest in years

 

To support the local economy weakened by the extended lockdown, the South African government has lowered the repo rate by 100 points in March, and then again by another 100 points in April, effectively bringing the rate down to 4,25% – the lowest it has been in many years. This means finance is more affordable than ever, and buyers will pay less on monthly repayments.

 

  • South Africa is still a top destination

 

With its stunning weather, breathtaking natural scenery, and world-class cities and industries, South Africa has always been a top draw internationally. Add to that a vibrant culture, a thriving culinary scene, and quality educational institutions, and you have the perfect destination for anybody and everybody.

 

In addition to the wonderful environment and friendly people, buyers are also treated to a wide variety of properties, so whatever type of property for sale you are looking for – from luxury inner-city apartments to private golf estate living and beachfront mansions – there is something for you.

 

  • Favourable exchange rates

 

There are even more financial benefits for those buyers who are using foreign currency. The undervalued South African rand means that exchange rates are exceptionally favourable compared to most leading foreign currencies. This means that you can get that dream property for sale at an even better deal, considering the conversion.

 

Virtual house tours are the way of the future

 

The idea of buying a home under the current circumstances might seem strange or even challenging. International travel is not allowed, and only essential travelling and services are permitted within the South African borders. This is one of the main reasons why the property market has come to a standstill.

 

However, people are innovative and there are ways around this obstacle. While others might wait for the pandemic and resulting lockdown to pass, you should not miss out on bargain properties for sale. Many owners will be willing to do a virtual tour and discuss the features of their properties with potential buyers during this time, so that a deal can be made as soon as the lockdown restrictions are eased.

 

Let Fine & Country South Africa help you find the perfect property for sale

 

Start your search for the perfect luxury home with the help of Fine & Country South Africa. Our friendly agents possess very specialised knowledge about the local market, ensuring that they are the ideal partners to help you find the ultimate property for sale.

 

 

DISCOVER MORE ABOUT FINE & COUNTRY

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MULTI-AWARD WINNING


Our consistent efforts to offer innovative marketing combined with a high level of service have been recognised by the industry for an astounding fifth year in a row, winning Best International Real Estate Agency Marketing at the International Residential Property Awards.

INDEPENDENT EXPERTISE


Every Fine & Country agent is a highly proficient and professional independent estate agent, operating to strict codes of conduct and dedicated to you. They will assist, advise and inform you through each stage of the property transaction.

GLOBAL EXPOSURE


With offices in over 300 locations worldwide we combine the widespread exposure of the international marketplace with national marketing campaigns and local expertise and knowledge of carefully selected independent property professionals.

UNIQUE MARKETING APPROACH


People buy as much into lifestyle of a property and its location as they do the bricks and mortar. We utilize sophisticated, intelligent and creative marketing that provides the type of information buyers would never normally see with other agents.

PARK LANE OFFICE


Access the lucrative London and international investor market from our prestigious Park Lane showrooms at 121 Park Lane, Mayfair. Our showrooms in London are amongst the very best placed in Europe, attracting clients from all over the world.

Our International Network


Connecting offices on over 300 locations worldwide, our referral system combines local knowledge and expertise with an international network to find the right buyer for you wherever they are, at the same time as finding you your ideal next move

Our International Websites

United KingdomFranceHungaryCyprusGermanySpainPortugalMauritiusHong KongNamibiaNigeriaSouth AfricaAustraliaFloridaZimbabwe

SOCIAL MEDIA

We interact with customers on the main social media channels including Facebook, Twitter, YouTube, LinkedIn and Pinterest, giving each property maximum online exposure.

 

Media Centre


MEDIA CENTRE Our internal Media Centre is a team of experienced press relations managers and copy writers dedicated to liaising with newspapers, magazines and other media outlets to gain extensive coverage for our properties in national and local media.

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Fine & Country Foreign Exchange


We have partnered with IFX, one of the world’s leading foreign exchange specialists to provide private and tailored currency services for all of our clients buying and selling luxury property around the world. Find out how we can help »