Wednesday, April 1, 2009

Germans Still Investing In South Africa

The information in this article is courtesy of iAfrica (Germany Loves South Africa – April 1 2009).

A popular German publication, The Süd-Afrika Magazine, which focuses on Southern Africa as a destination, recently held their annual expo.

This year’s show featured food, music and general information on Southern Africa and exhibitors ranged from tour operators to immigration specialists.

Dina Porteous, area principal in the Margate area for Pam Golding Properties, Yvonne Booysen, manager of Pam Golding Properties in Margate’s rental division and Gaby Moessner, manager of the Pam Golding Property group’s German office, attended the Süd-Afrika Tage 2009 show in Germany. This event attracts high profile investors and incorporated travel, trade and business meetings – including a business conference highlighting investment opportunities in Southern Africa.

According Porteous their exhibit stall attracted a lot of attention at the expo. She believes that German investors choose South Africa because of the excellent climate, friendly people and beautiful homes.

Moessner said that the attendees of the expo are extremely well informed about the South African property market. They generally prefer standalone homes rather than golf-estates of town houses and some have rental income in mind. The Western Cape including the Overberg region remains the most popular location.

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