World Cup End Impacts South Africa Real Estate Market

Colombian popstar Shakira visited some of South Africa's new and revamped real estate developments while in the country for her 2010 World Cup performances. Her stay in the luxurious penthouse of the epic Radisson Blu Sandton certainly didn't go unnoticed by the media. That's thanks to the fact that Radisson is the largest international hotel brand in South Africa supporting the World Cup games.

Over the course of the month, visitors were exposed to quite a bit of South Africa's real estate, an opportunity the country hopes to greatly benefit from. With the games in Johannesburg and Cape Town -- and Durban, Pretoria, Port Elizabeth, Rustenburg, Polokwane and Bloemfontein -- came new hotels, new stadiums and new large-scale real estate developments hoping to advance the African nation.

Now that the month of excitement has ended for the Rainbow Nation, and Shakira has performed "Waka Waka" at Johannesburg's Soccer City Stadium for the last time, development continues.

Can a world-class sporting event sustain a developing country's real estate market?