Welcome to Propvest
Propvest is a property sales website that showcases exclusive private properties, presented for sale by the owners. Whether an international investor or a local investor Propvest will have what you're looking for!
Rich in natural resources, not only diamonds and gold, but in wild life and scenery too, South Africa has something to offer everyone.
South Africa is not simply an exceptional country as far as lifestyle and climate are concerned, but it offers overseas property investors many advantages. In South Africa investors will find opportunities for profitable investment in several areas including city and commercial projects and currently regeneration projects in various locations are offering excellent returns.
The tax breaks available on similar projects are attracting investors from many countries worldwide. Savvy investors are taking advantage of the current real estate market in South Africa, while opportunities are still to be had, in buy-to-let, pure investment and land options.
Feel free to browse through and marvel at the properties Propvest has to offer, each one offers a comprehensive portfolio.
Good reasons to invest in South Africa
South Africa is a superior country in terms of standard of living and climate and today’s property investors will find many political and economical advantages through investing in the country.
With no less than eight world heritage sites, South Africa extends beyond the wild savannah and world famous parks. Wine producing regions stretch for miles; just like the dramatic beaches they all enjoy a delightful year round climate.
Property in general has achieved substantial growth in recent years and this trend looks set to continue with government incentives now in place.
In certain select areas many opportunities exist for beneficial returns from investing in South African property. Some of the key factors that make South Africa a sound investment are;
- South Africa is a country of sunshine and beautiful beaches, among many other attractions, and the government are committed to building a strong tourist industry.
- South Africa’s political past has left a shortage of property and this factor has created long term growth potential in the property market.
- Foreigners are actively encouraged to invest in South African property and there are no restrictions on ownership.
- A relatively stable democracy, South Africa is keen to encourage all types of investment.
- A growing economy focussed on developing a strong middle class provides an increasing demand for homes.
- Substantial taxation breaks of up to 20% are on offer to real estate developers
- The 2010 world cup in South Africa has fuelled a demand for rental properties
- A 20% tax break on rental for five years is available for renovation projects.
- The commercial property market is out performing markets in many Western countries
- The favorable exchange rate with major world currencies makes properties very affordable. (Typically in April 2010, 1 GBP = 12.14 ZAR and 1 EUR = 9.5 ZAR)
- No inheritance tax adds to the country's attraction as an investment location
- A strongly regulated property purchase system creates investor confidence in the market.
- All transactions and documentation are written in English with a transparent transfer system.
- No stamp duty is an added benefit for property purchasers in South Africa.
- No VAT is incurred for property purchase, although sellers will pay agents fees that are subject to VAT.



