South African healthy real estate market serves as a summary of the country's most sophisticated free-market economy on the African continent. Although South Africa represents only 3% of the Africa's surface area, it accounts for about 40% of all industrial productivity. About 75% of South Africa's economic activity occurs in the four main metropolitan areas (which together represent about 3% of the total land area) namely Johannesburg in Gauteng, Durban in KwaZulu Natal, Cape Town in Western Cape, and Port Elizabeth in the Eastern Cape. Of all the four mentioned provices, Gauteng is the financial and industrial hub and accounts approximately 40% of South Africa's Gross Domestic Product.
The country's trade, as a gateway for investment into Sub-Saharan Africa with and investment in other African States, has increased significantly since 1994. Concurrent to the country's industrial economy of established infrastructure and economic base, the property sector has also proven to be just as healthy with a room for further growth.
Gauteng is divided into the following regions:
CyberProp offers up to date properties for sale in the Gauteng province
Gauteng, which translates to, the place of gold, is the beating heart of South Africa, feeding it's power and stability from the majestic powerhouses of Johannesburg and Pretoria. It is filled with the history of change. With it's gorgeous real estate developments, Gauteng wears the trophy of success with pride and dignity. Boldly with it's financial power, this province is a boisterous show off with it's casinos such as Gold Reef City, Monte Casino and Caesar's Palace.
The purple of the Jacaranda carpet inviting you to the growth and variety of Pretoria. Freeing the imagination with the astonishing architecture of the government pulse, Union Buildings. Whichever way the Jacaranda City is entered, it's superiority is announced with breathtaking structures and the history of South Africa's being.
Bordering the Free State in the south, with the mighty Vaal River serving as beacon, Vanderbijlpark is filled with holiday resorts and just the place to take a boat to the water. Therefore it's reputation for it's waterfront property. Bordering the North West Province and the Limpopo Province to the north and Mpumalanga to the North East, the center of Gauteng is just an hour away from a great variety of tourism attractions.
Johannesburg offers a variety of real estate opportunities in Sandton, Bryanston, Fourways, Lonehill and in Midrand. The Midrand area also include the sought after real estate and smallholdings in the Kyalami area. To the west, property selection includes property in Randburg, Roodepoort, Krugersdorp, Randfontein and Florida with farms and smallholdings to the Lanseria area, where the Lanseria Airport is located.
To the south of Johannesburg prime property and new property developments are found in the Alberton, Bassonia, Glenvista and Mondeor. On the east of Johannesburg we have property available in Germiston, Benoni, Boksburg, Bedfordview, Edenvale and Kempton Park where the OR Tambo International Airport is located. At the complete South bordering the Free State we have a wide property selection in Heidelberg, Meyerton, Vereeniging and Vanderbijlpark. The so called Vaal Triangle with the famous Vaal river and Vaal dam is where we have choice riverfront property for sale.