Simon's Town Property & Real Estate Agents And News Letter
Posted in Simon's Town on Oct 2nd, 2009
*click to enlarge* If the strength of the British pound vs South African rand is important to you then the time to buy is getting closer. The 60 trend line was broken and the rand is moving to 13 rands to the pound. However there are other resistance lines at 12.83 (pound to the rand) [...]
Posted in Simonstown Property on May 2nd, 2008
You can save as much as 20% when you purchase a property, in Simon’s Town, today with foreign capital, compared to December 2007 because of the devaluated rand. Therefore, on a home of R3 million you get R600 000 in change. Nice. Although the rand has recovered from the high R8 to the US dollar, [...]
Posted in Uncategorized on Sep 7th, 2007
The following article from www.Moneyweb.com may not be directly related to Simon’s Town property owners. But when the Government what to curb foreign property buyers because some believe they are the cause for the steep increase in property values then it becomes and issue. IÂ Â suppose the reasons for the increase is complicated and even [...]
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