The top three preferred cities were Johannesburg (1,024 sales), Sandton (890) and Pretoria (776), with Cape Town in fourth place (686) – and, except for Milnerton in sixth place, the rest of the top 10 cities were all in Gauteng.
Cobus Odendaal, CEO of Lew Geffen Sotheby’s in Johannesburg and Randburg says that over and above the usual investors from Europe and the States, they’ve been seeing a fast-growing number of buyers from other African countries.
“With Johannesburg not only being the largest city in Africa but also the wealthiest, it’s regarded as a power and financial hub and we’ve been receiving many enquiries from a number of countries, but especially from buyers from Botswana, Kenya, Malawi and Nigeria.
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