Investing in stocks offers you great returns. However, the chances of losing your money are also quite high. On the other hand, property investment is more stable and helps in balancing the investment portfolio.
If you are looking to make a property investment, you may find several viable options to invest in a South African property.
Top Reasons to Invest in South African Property Market
Whether you are a South African resident or a foreigner, there are several cultural as well as economical reasons for you to add South African property to your investment portfolio. Listed here are some of the top reasons:
- A land of sun and beaches, South Africa is a beautiful holiday destination; so why not own a property or a vacation home of your own in the country; especially when the government is working toward strengthening the tourist industry.
- Home to several wildlife parks in different regions as well as four world heritage sites.
- The quaky political past has led to property shortage in the country, and this is one of the main factors that show high potential of growth in the real estate sector.
- Non residents as well as foreigners have no restrictions on owning and investing in South African property.
- Currency exchange rate is favourable with several other currencies and this makes investing on South African property an affordable and lucrative investment.
- Stable democracy and growing economy has led to increase in demand for rentals properties.
- Real estate developers are offered tax breaks up to 20%.
- Renovation projects get tax break of 20% for 5 years.
- The 2010 FIFA World Cup is also fuelling demands for properties in South Africa.
- South African property buyers are not required to pay any stamp duty.
How Sirius Property Investments can help you?
If you have made your decision to add South African property in your investment portfolio, it is best to seek help of specialists who can guide you in the right direction. Years of experience makes it easy for us to understand your specific requirements and enable you to judiciously invest in South African property market.
We will never have you buy a property that we will not buy ourselves. At
Sirius Property Investments we strive to build a long-term relationship with our clients and assure you worthwhile returns on your property investments.
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