Property location in Cape Town - South Africa - Immigration
An old estate agent saying tells that there are only three things that are important concerning a property: the location, the location and the location. Cape Town would be the most expensive city in the world, would this saying also apply to cities.
During the past few years the Cape Town property prices almost exploded. Investors could experience annual return rates of up to 25%.
The preferred locations concerning the purchase of properties are the main tourist destinations such as Camps Bay, Blouberg and Milnerton, Sea Point and Green Point.