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The 5 Cheapest Places To Buy Property In South Africa

The 5 Cheapest Places To Buy Property In South Africa

Jan van Riebeek established a halfway house on the Southern point of Africa in 1652. After the Dutch, the English also governed the Cape which resulted in many of the people moving northwards in search of a more independent lifestyle. This continued until gold and diamonds was discovered and once again Britain intervened and this led to the Boer War of 1899, which was eventually won by the British.

The country has remained an attractive destination for tourists drawn to the cheap prices and sunny climate. Indeed many other have decided to move to South Africa from abroad for the same reasons. But property is not always cheap here and below is a list of the 5 most expensive places to buy property.

Mdantsane

The fifth cheapest place in South Africa as far as property prices is concerned is Mdantsane. This is an urban Township which is a proximately 15 km from East London. This is the second largest township in the province of the Eastern Cape. Properties can be purchased from approximately US$16,000 but more expensive properties is available at approximately US$53,000.

 Pretoria Central

In the fourth place we have Pretoria Central where properties can be purchased from approximately US$18,000. This city of Pretoria has been named after the highly respected South African leader Andries Pretorius. This city is also the capital of South Africa and Pretoria Central is about 7 km from the Voortrekker Monument which is one of the most popular tourism attractions in the area.

Yeoville

In the fourth place of suburbs on the list of cheap properties in South Africa we find Yeoville which is a suburb of Johannesburg. Yeoville was proclaimed as a suburb in 1894 just after the discovery of gold in the area. It is possible to purchase a property in this area for about US$18,000. Johannesburg was discovered by Thomas Yeo Sherwell who was from Yeovil in the UK and this apparently was the reason why this suburb of Johannesburg was named Yeoville.

Delft

The second cheapest place to purchase property in South Africa is Delft which is located in the Western Cape. This highly affordable suburb is located next to the Cape Town international Airport. Other suburbs in the vicinity is Blue Downs and Belhar. There is also Khayelitsha & Site C. There are many youth empowerment organizations in Delft and the area has also gained a reputation because of its numerous recreational events. There are properties available for just over US$14,000.

Berea

The cheapest property in South Africa can be purchased in Berea which is a suburb of Johannesburg. It is located in the province of Gauteng and it is right next to the central business district of Johannesburg. One-bedroom apartments is available from just over US$10,000. This suburb has been established in 1893 and it is situated on an old farm with the name of Doornfontein. This suburb was named after Berea in Durban.

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