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These sought-after areas in South Africa are facing stock shortages as more people semigrate - Vimarsana News

These sought-after areas in South Africa are facing stock shortages as more people semigrate

After the hardship of lockdown, Covid has opened the doors for better living and many people are now looking to change homes in order to change their lifestyles

Wine industry to continue with court case to mitigate possible future alcohol bans - Vimarsana News

Wine industry to continue with court case to mitigate possible future alcohol bans

While the first two alcohol bans are said to have led to the closure of 80 wineries and 350 producers, the latest ban has seen more wine farms are on the market and for sale go up. Picture: Ian Landsberg/African News Agency (ANA). Wine industry to continue with court case to mitigate possible future alcohol bans By Tshego Lepule Share Cape Town - Despite the partial lift of the alcohol ban, a wine organisation is forging ahead with a court application to pre-empt the impact of future bans as the industry faces years of recovery from the financial blow. Vinpro approached the Western Cape High ...

Source: iol.co.za
This is where foreigners are still buying prime property in SA, and why - Vimarsana News

This is where foreigners are still buying prime property in SA, and why

Luxury apartment in Clifton sold for R30 million by Pam Golding Properties to a foreign buyer. (Supplied) The SA residential property market offers foreign investors excellent value for money owing to the exchange rate, say local agents. In SA, many can afford a high-end lifestyle at a fraction of what it would cost in many other international locations. Coastal areas such as Plettenberg Bay, Durban's North Coast and Cape Town offer the lifestyle many foreigners are seeking. South Africa has an accessible property market and favourable exchange rate - and this bodes well f...

Source: news24.com
These are the top spots favoured by South Africans buying property overseas, and why - Vimarsana News

These are the top spots favoured by South Africans buying property overseas, and why

Investment opportunities include the Lapa Porto Hotel in Porto, Portugal. (Supplied) South African buyers have continued to show a strong appetite for offshore property investments in 2020, says the chief executive of Pam Golding Properties. In his view, the biggest demand is still for Portugal, with the ultimate goal of gaining European Union citizenship. There is still a surge in SA sales listings entering the market place due to sellers intending to emigrate, says the manager principal for Lew Geffen Sotheby's International Realty in Midrand. It has become easier than e...

Source: news24.com
Luxury estates beef up their offering in bid to buck property market's downward trend - Vimarsana News

Luxury estates beef up their offering in bid to buck property market's downward trend

The model for residential estates has evolved over the years to cater for various preferences. Developers have augmented their offerings and most estates now offer additional amenities. There is also an increasing number of estates that cater to niche markets, such as eco estates and equestrian developments. Residential estates are seeking to buck the downward trend in the property market and are relying on an evolving set of drawcards to lure in buyers, experts say. And with greater competition, niche offerings like equestrian developments and eco estates are increasingly on the table.  Pre...

Source: news24.com