South Africa's property boom is likely to continue in the run up to the 2010 World Cup, while other prime investment destinations such as the Cape Verde Islands are quickly emerging.
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Much has been said about the positive sentiment towards South African property created by winning the right to host the 2010 world cup; now an analysis of major global sporting events has put some numbers to the hype. |
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Pressportal.co.za - "Every time properties are sold for record prices on Cape Town’s Atlantic Seaboard, it appears that these exceptional prices can’t be achieved again, yet they are exceeded within a relatively short time." This comment from Denise Dogon, CEO of Dogon Group Properties, is supported by recent deals that her company has concluded in the area, including the sale of a home for R15-million, inclusive of VAT, in Higgovale, far exceeding the previous highest price of R10,9-million in the suburb. |
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Cape Verde should be considered a tourist paradise rather than a property investment Mecca, claims a leading overseas housing market specialist. |
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