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South Africa hosting the Fifa World Cup in 2010 will have a great positive impact on the real estate market, as an effect to the economic growth and the infrastructure developments that come with this event.
Guaranteed summer sunshine in most areas and a pleasant climate for much of the year in many parts of the country;
Good value (provided you avoid the most fashionable areas), particularly if you want a country house with a large plot or an urban property in an upcoming part of town;
Impressive design and a huge variety of architectural styles
Safe purchase procedures (provided you aren’t reckless);
The integrity of (most) licensed estate agents;
The availability of good food and excellent wines at reasonable prices;
Good rental possibilities (in many areas);
Reliable, inexpensive local tradesmen and services;
A relaxed, slow pace of life in rural areas;
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The high purchase costs associated with buying property in comparison with some other countries;
High inflation (currently almost 10 per cent per annum);
A high crime rate in some urban areas;
Traffic congestion and pollution in some towns and cities and a high road death rate in the country as a whole;
Cool, wet, windy winter weather in some regions;
Overcrowding in popular tourist areas;
The duration and cost of flights to South Africa from Europe or North America, although prices are coming down.
Unexpected renovation and restoration costs (if you don’t do your homework);
The risk of overpaying for a home and being unable to sell it and recoup your investment;
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