Ryk Neethling, advertising and marketing director of Val de Vie within the Cape Winelands, estimates that demand from returning SA expats contributed to cost will increase of 20% to 25% year-on-year on the property.
A
rising group of expats is returning to South Africa, and shopping for properties in luxurious
estates, property teams report.
For
instance, between 10% and 15% of enquiries on the Val de Vie property close to Paarl
within the Cape Winelands are from South Africans who’ve spent a big time
abroad or foreigners.
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