South Africa
real estate market
Our Legacy and Vision at Altima Real Estate
The South Africa Residential Real Estate Market size is estimated at USD 19.89 billion in 2024, and is expected to reach USD 32.71 billion by 2029, growing at a CAGR of 10.46% during the forecast period (2024-2029).
Despite the uncertainties surrounding COVID-19 and the subsequent lockdowns, the residential property market has become one of South Africa's more robust sectors.
The country's demographics show that 15.6 million South Africans are aged 20 to 34. With the right economic opportunities, many first-time buyers are entering the market. Others who already have a home are discovering property's potential to create wealth. The good news for new investors is that interest rates are favorable, and the current slow rental growth will likely improve over time.
The province of Limpopo where the project will be built, known for its natural beauty and abundant wildlife, Limpopo has also become the top performing housing market in the country, with its property prices tripling in just three years.
Annual house price growth in Limpopo – most recently in the news for being the location for the filming of Tom Cruise’s Mission Impossible, was 7.47 percent in August, surpassing that of the Western Cape at 6.45% and Mpumalanga at 5.78%.
Limpopo is also known for its game reserves, including the Kruger National Park, Mapungubwe National Park, Marakele National Park, and rich cultural heritage. It is home to the UNESCO World Heritage Site of Mapungubwe, an ancient African kingdom.
Who we are
Riding the Wave: Altima's Venture into the Thriving South African Residential Real Estate Market
Altima Real Estate is a South African company operating in the fields of real estate, and tourism. The company is committed to developing sustainable projects that respect the environment and natural resources. At Altima Real Estate, we may be a new company, but our roots run deep in the wealth of experiences our founders have accumulated across the country. The founders have extensive experience in the construction industry, one of them is the General Manager and majority shareholder of the family business company “Thabang Properties Development”, At Altima Real Estate, we may be a new company, but our roots run deep in the wealth of experiences our founders have accumulated across the country. The founders,
with over 30 years of presence in the real estate market in South Africa. Altima Real Estate is currently operating on and owns by its sister company Altima Agri Africa a land of 1000 hectares prepared to be cultivated, 34 hectares of its property have been earmarked for a real estate project called Seven Hills, to build a retirement village. Also, on the farm there are several tourist attractions, such as breathtaking nature, there are seven lakes, as well as 7 chalets to accommodate tourists, and several species of animals such as giraffes, deer, zebras and many
Our mission
Empowering Communities, Attracting Investors, and Fostering Growth
Altima Real Estate is more than a company; we are stewards of change, shaping the landscape of Limpopo Province with a bold vision and a commitment to excellence. Our mission is multi-faceted, designed to not only meet the rising demand for home purchases but also to elevate tourism in this captivating region. At the heart of our endeavors is the goal to entice foreign investors, providing them not just with lucrative opportunities in the real estate market but also with the security and confidence they seek for their investments.
We are dedicated to meeting the increasing demand for homes, creating vibrant and sustainable communities that thrive on inclusivity and shared experiences. Our real estate projects are meticulously planned to contribute to the social and economic fabric of Limpopo.
Beyond housing, we aim to boost tourism in Limpopo, showcasing its natural beauty, rich cultural heritage, and diverse wildlife. By intertwining real estate development with tourism initiatives, we aim to create a unique and immersive living experience.
Limpopo is open for international investors, and Altima Real Estate serves as the gateway. We provide a secure and profitable environment for foreign investors to participate in the thriving South African real estate market. Our commitment is to facilitate growth and prosperity for all stakeholders.