South Africa
"Over the past few years we've experienced a boom in the South African property market, with prices catching up to our international counterparts," says Bill Rawson of Rawson Properties. "What we're experiencing is the stabilisation of property prices."

The property investment market in South Africa is currently displaying a swing towards smaller, more compact units with more realistic prices leading to increased buyer interest. An upgrading of security provisions has also made buyers feel more secure in their property purchases. However, interest rates went up to 13 per cent in June 2007, making a property purchase difficult for the first-time buyer. But property agents assure us that this rate, caused in part by a government employees strike will be short-lived. "Since 2000 both Cape Town and Kwa-Zulu Natal has shown incredible capital appreciation figures and return on investment is good," says relocation expert Leana Nel. "Areas such as the South Coast of Natal have also shown growth."
South African property investment looks good

Ghana
Ghana possesses some great natural attractions and is one of the most politically stable of all the African countries. It has one of the best game reserves in West Africa, a multitude of great beaches, and is home to the huge Lake Volta. Coastal areas remain mostly undeveloped, due to the system of land ownership by local chiefs which is expected to change soon, opening up the possibility of development on prime beachfront locations. In the meantime, most available property is in the capital city of Accra and its suburbs.

Libya
Libya has enacted Law No (5) of 1997 aimed at promotion of investment of foreign capital and enabling the national capital assessed in Libyan Dinar to participate in construction of investment projects together with foreign capital. Construction company Landbank Limited has planning permission for their Green City development, 40 miles from the capital, Tripoli. It comprises  nine hotels, 400 self-catering apartments, 4,000 villas, shopping malls, medical centres, schools, golf courses and a yacht marina over 1,000 acres.
Libyan property going green

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Article published 2 July 2007