UK student property has become one of the most popular overseas investments for South African buyers in recent years – and this is the place where returns are among the highest in Britain right now.
Home to three universities, education is key to Cardiff’s economy. 43,000 students study in the city each year, including 9,300 international students.
Cardiff University is ranked in the world’s top 100 by the Academic Ranking of World Universities 2017. It’s helped to drive international student numbers, with Cardiff University having seen a 31% and 18% uplift in EU and non-EU students respectively since 2010/11.
For property investors, this growth is having a dramatic impact on Cardiff’s student property market. As the number of international student numbers increase, so does the demand for high-quality purpose-built student accommodation (PBSA), providing homes close to university and Cardiff’s key city centre landmarks.
And this is making it the UK’s strongest investment location for student property.
Perhaps what is most exciting for potential South African investors is that Cardiff is still a market yet to achieve its full potential. It means, unlike many other cities in the UK, it hasn’t become over saturated in both supply or investment, meaning there is still plenty of opportunity to enter the market now and secure the highest levels of long-term growth.
As the developer behind Vita Student, the industry-leading PBSA brand, Select Property Group has brought 4,642 high quality student properties to the UK’s biggest university cities, selling over £42 million worth of property to investors in South Africa in the last 13 years. Now it’s launching its 20th project in the heart of Cardiff city centre.
Take your place in Vita Student Cardiff with just a 30% deposit and enjoy a fully managed UK property investment with assured yields.