This thatched Bali-style house at the Pezula Resort in Knysna is for sale at R11.9 million through Pam Golding Properties.

South Africa remains a sought after property investment location among wealthy Germans, says Dr Andrew Golding, CE of the Pam Golding Property group.

Dr Golding is visiting Germany, meeting with selected clients and managers of Berenberg Bank in Hamburg and Düsseldorf to showcase prime South African property investment opportunities, before the inaugural Berenberg Bank Masters golf event which is to be held at Fancourt on the Garden Route from March 26-28.

PGP is the associate sponsor of the tournament, hosting the pre-tournament Pro-Am and dinner on March 25.

“Although the Soccer World Cup has focused increasing worldwide attention on South Africa, the fact is that even amid the global economic downturn South Africa has remained prominently on the radar of German property investors as a market to watch,” says Golding.

“Over the past year Gaby Moëssner, who represents PGP in Germany, has reported increasing interest from German investors in leisure or holiday homes in South Africa. Their main areas of interest include the Eastern Cape, the Garden Route, and the Western Cape and its Winelands region, particularly its scenic golf estates.

“Generally, overseas buyers don’t make quick decisions about property investments overseas, including South Africa. And the Soccer World Cup – being a once-off event - may not necessarily influence their investment decision, although it certainly is considerably raising our country’s profile abroad.

“Several PGP clients in Germany have recently sold their properties in Spain and want to invest elsewhere. South Africa can certainly compete with other countries, like Croatia and Turkey, where several investors are buying holiday homes.”

PGP’s properties on show in Germany include villas, wine farms, ocean-front property and wildlife properties.