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Are you finding a home out of the country? If you’re searching for Africa residential real estate, you’ll want to be sure what you are really getting. Without seeing the property and area in person, you can’t always be positive about what you are purchasing. Going with a trusted seller will be paramount in finding the right piece of land and feel stress free about the process. You can go about your search and eventual purchase in a variety of ways.
International Sellers
If you don’t speak much of the native language, you should be working with a company that sells to buyers just like you. You may be able to find a company that does the ground work for you, and simply reports back. Africa residential real estate can be expensive, depending on the area. You don’t want to get mixed up in a pricey situation by accident. This can be a smart way to avoid that. Viviun International Property Listings sells property for many different countries. You can sure that they have experts in a variety of areas, including Africa.
Sellers within the Country
Another option is to find a real estate company that works in the specific area you are looking at. This can provide a number of benefits: You can be sure they know the area, the right prices and the selection available to you. Going through local real estate agents can provide a level of knowledge you might not find in a bigger company that covers a larger selection of the globe. Language could be a barrier, but English is a prominent African language among the eleven languages spoken.
Before making an expensive long distance call, send an online request. This can allow them to get in touch with you via e-mail. This will allow you to weed out those companies you feel wary about. Seeff is a southern African residential real estate company. Check them out if you are looking for property anywhere from Namibia and Zimbabwe down to the southernmost point of the continent. They have made a name for themselves as a trusted seller in that area.
Purchasing residential property in another country can be scary. You’ll want to find a safe and comfortable area, especially if you are moving your family. Though you can find a plethora of Africa residential real estate agents, you should be careful in your selection. Integral components will be whether you speak the language, or want someone who specializes in the area. Cater your decision to these considerations to find who will work for you.
An increasing number of real estate investors are turning their sights toward African land. While a sizable portion of the continent remains undeveloped, Africa residential real estate presents a potentially significant investment opportunity. The bulk of available homes for sale are primarily in the country of South Africa, but other desirable properties exist throughout the continent.
Home sales in Africa were steadily increasing through the first part of the new millennium, but the market experienced drastic decreases beginning in 2007. The depressed state of the global economy directly impacted Africa residential real estate prices, resulting in a consistent reduction of successful sales.
In 2010, home sales statistics illustrated a modest increase over 2009 figures, and that trend continued through the third quarter of 2011. The bulk of real estate purchases throughout Africa are made by native residents. Foreigners only account for a small percentage of total annual sales. Certain areas of the continent, particularly regions of South Africa like Cape Town, tend to attract wealthier foreign investors.
If you are interested in learning more about purchasing or investing in Africa residential real estate, you should seek the assistance of an experienced international real estate brokerage. Business.com provides resources for real estate buyers interested in properties around the world. Visit the website for additional information.
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