Following two years of strong double digit growth, the national 2014 year to date average RevPAR growth as at the end of September 2014 is 8.3% compared to the same period last year.
Resurgence in developments market in Cape Town, reports Pam Golding Properties.
Pam Golding Properties markets new development in Wimbledon.
Encouragingly, the residential property market is currently in an upward cycle and we are seeing a strong resurgence of investors entering the market, says Carol Reynolds, Pam Golding Properties area principal in Durban, Durban North and La Lucia.
The residential property market in key areas of the Western Cape is again approaching the levels last seen before the spectacular downturn in 2007/ 2008.
An iconic view which perhaps most symbolizes the renowned beauty and tranquility of the tropical island of Mauritius is the captivating vision of the sun dipping slowly below the horizon as you languidly sip a sundowner.
Freedom of travel through Europe has become that much easier for South African investors, through Portugal's recently introduced Golden Visa Programme which provides unrestricted access to move within the 26 European countries in the Schengen zone.
South Africans who have in recent years bought holiday pads in Mauritius, typically with price tags exceeding R10m, have been handsomely rewarded on the capital growth front.

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