Luxury villas built on land belonging to the king of South Africa's Zulu nation are actively courting buyers, reports the South China Morning Post (15 November 2017). Two Chinese families from Hong Kong have already made a purchase but it remains to be seen whether it could attract mainland Chinese investors. According to Carrie Law, CEO of Juwai.com, a Chinese property portal, safari properties offer lifestyle, prestige, and exclusivity. However, Chinese buyers are generally more motivated to invest because of yields and gains. “There are three challenges for Chinese buyers interested in safari properties: it is very hard to predict capital gains or reliable yields; for those who live outside the country, it is not always convenient to visit, and since such properties are often unique, it is very hard to calculate the correct purchase price,” said Law.
