Seeff Properties, one of SA's largest estate agency groups, says more foreign buyers are snapping up luxury properties than locals, who are more cautious about the country's economic prospects.

However, estate agencies report that the number of sales of high-end properties is still sharply down compared to a few years ago, as local buyers, who still outnumber foreign buyers, are spending less on property...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now