Real Estate Investor Magazine June 2024 Edition | Page 112

AFFORDABLE MARKET outh Africa ' s l Property ts doubt on

South Africa ’ s tough economic conditions are mirrored in the country ’ s Affordable residential property where value has risen , over the past few years , but volumes have dropped . There are approximately 2.8 million formally registered
“ Affordable ” residential properties in South Africa which accounts for half of the country ’ s 5.6 million registered properties Lightstone has estimated values for . environmental stewardship .
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