No slow-down in semigration to the Cape despite higher interest rates
13 Jul 2023
The demand from semigration buyers for property across the Cape continues at pace and it is unlikely that semigration to the Cape will lose steam, says Samuel Seeff, chairman of the Seeff Property Group. It may slow down, but only due to buyers being hamstrung by an inability to sell their houses elsewhere in the country.
Property Watch - 3 Properties to rent in Cape Town
26 Jun 2023
Cape Town is a vibrant and diverse city offering stunning natural beauty, a rich cultural heritage, and a wide range of amenities. It offers a vibrant lifestyle with a variety of attractions and activities. From stunning beaches to the iconic Table Mountain, there is no shortage of natural beauty to explore. The city also boasts a thriving food and wine scene, a rich cultural heritage, and a diverse range of events and festivals throughout the year.
Activity within the South African property market has begun to cool down, largely owing to higher interest rates and an unstable electricity supply. However, some parts of the country seem less affected than others by the tightening market conditions.