Seeff Namibia News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Southern African neighbouring countries offer the ideal place for South Africans to purchase a property as a getaway.

Here’s the state of the property market in Zimbabwe, Namibia and Mauritius Subscribe While South Africa’s housing market continues its post-Covid lockdown bounce-back, driven by the low interest rate and favourable mortgage lending climate, especially in the low to middle-class suburbs, it has been a mixed bag for neighbouring SADC countries. According to Samuel Seeff, chairman of the Seeff Property Group, these real estate markets are diverse, often with high interest rates and large rental components affected by factors such a decline in income, business closures and expat departures. B...

Mixed bag for SADC property markets as SA continues bounce-back The South African residential property market has been picking up lately as a result of low interest rates and falling house prices. It is no surprise that buyers are taking advantage of the opportunity to become property owners at such a favourable climate. According to Seeff, property markets in southern African development countries have been weighed down by high interest rates, declines in income, business closures and expat departures. Interestingly, Mauritius has received requests from South Africans willing to move or inve...