Foreign investment drives growth in Western Cape’s property market

The South African residential property market is witnessing a significant surge in foreign investment, particularly from buyers without South African residency, according to a recent analysis by Lightstone. This trend marks a notable shift, reflecting growing international confidence in the country’s real estate offerings. Between 2019 and 2024, the proportion of foreign buyers without residency jumped from 2.9% to 3.7%. … Continue reading Foreign investment drives growth in Western Cape’s property market