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Real Estate in George, South Africa | Expat Exchange
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Real Estate in George, South Africa

By Betsy Burlingame

Last updated on Feb 11, 2024

Summary: People living in George, South Africa offer advice about real estate. How do you find a home in George? Should you buy or rent? What is the cost of housing?

Cigna Global Health
Cigna Global Health
Cigna Global Health
Cigna Global Health

How do I find a place to live in George?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in George involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from apartments, houses, or even shared accommodations. Next, you should research the different neighborhoods in George to find one that suits your lifestyle and preferences. Some popular areas include Heatherlands, Kingswood Golf Estate, and Fancourt. Consider factors such as proximity to work or school, safety, and the availability of amenities such as shops, restaurants, and parks. Once you have a clear idea of what you're looking for, you can start your search. There are several online platforms where you can find listings for rental and sale properties in George. Websites like Property24, Private Property, and Gumtree have extensive listings for George. You can filter these listings based on your preferences for location, price, and type of property. Alternatively, you can engage the services of a real estate agent. They can provide you with expert advice and help you navigate the local property market. They can also arrange viewings and handle negotiations on your behalf. When you find a property you're interested in, arrange a viewing to inspect it in person. Check the condition of the property and ask about any additional costs such as utilities or maintenance fees. Finally, once you've found a place you're happy with, you'll need to sign a lease or purchase agreement. Make sure to read this carefully and understand all the terms before signing. If you're renting, you'll likely need to pay a deposit and the first month's rent upfront. If you're buying, you'll need to secure a mortgage and arrange for the transfer of ownership," said one person in George.

What is a typical expat home or apartment like in George?

"Expat homes or apartments in George, are typically spacious and comfortable, often featuring modern amenities. They are usually located in safe, well-maintained neighborhoods, often with stunning views of the surrounding mountains or coastline. Many homes have a garden or outdoor space, reflecting the country's love for outdoor living. Inside, the homes are often furnished with a blend of modern and traditional African decor, with open-plan living areas, fully equipped kitchens, and multiple bedrooms. Some homes may also have additional features like a swimming pool, barbecue area, or a garage. Despite being in a smaller city, expat homes in George offer a high standard of living, with easy access to local amenities such as shops, restaurants, and schools," remarked one member in George.

What is the average cost of housing in George?

If you are thinking about moving to George, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in George can vary greatly depending on the type and size of the property. For instance, a standard three-bedroom house in a decent neighborhood might cost around the mid to high six-figure mark in South African Rand. However, luxury properties or those in highly sought-after areas can easily reach into the millions. On the other hand, smaller apartments or townhouses can be significantly cheaper, often costing in the low to mid six-figure range. It's also worth noting that prices can fluctuate based on market conditions and other factors," explained one person living in George, South Africa.

Should I buy or rent a home in George?

If you have not spent a lot of time in George, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in George, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in George for a long time, buying a home could be a good investment. Owning a home allows you to build equity over time and could provide financial security in the future. However, buying a home also comes with additional costs such as maintenance, insurance, and property taxes. It also requires a significant upfront investment for the down payment and closing costs. Therefore, if you're not financially ready for these expenses, renting might be a better option. Renting a home in George offers more flexibility. It's a good option if you're not sure about your long-term plans or if you prefer not to deal with the responsibilities of homeownership. Renting can also be more affordable in the short term, as it typically requires less upfront money and the landlord is responsible for maintenance and repairs. In conclusion, both buying and renting have their pros and cons. It's important to carefully consider your financial situation, lifestyle, and future plans before making a decision. Consulting with a real estate professional or financial advisor could also be beneficial," said one expat in George.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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