The investment opportunities in the Cape region of South Africa has been growing and is expected to be a prime area for foreign investors to take advantage of this potentially profitable season.
Part of the confidence and stability has come from the recent football World Cup which brought a good number of visitors to the area. Director of Ronnie Matthew Estates, Audrey Matthews, states that property along the Atlantic coastline have been stable despite falling prices around the world.
The coastal area is a beautiful place to live with its breathtaking sea views and close proximity to the beaches. It is a well sought after area to reside, especially the Atlantic Seaboard area. The beauty is hard to match with the view of the Twelve Apostle mountains against the magnificent ocean. The potential of long term investment opportunities is favorable as this coastal property becomes more and more popular.
Investors are doing their homework by taking the time to research this area and compare it to other possible foreign investment areas and have found out that the return on long term investment is comparable with other hot property markets around the world.
Cape Town is becoming more and more a choice for retirement and holiday homes, as well as a choice location for tourists. With the economic growth predicted to remain steady for the next ten years, it is anticipated that the property market will increase as well, inviting foreign investors to sow into this beautiful area
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