Bungalows, Villas and luxe apartments is just the tip of the Cape Town property market
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Home Page > Business > Business Ideas > Bungalows, Villas and luxe apartments is just the tip of the Cape Town property market
Bungalows, Villas and luxe apartments is just the tip of the Cape Town property market
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Posted: Nov 09, 2010 |Comments: 0
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At the tip of the African continent is Cape Town a place that blends eastern sensibilities with western ethos into a city that is truly global in nature. Enjoy the solidness of pastoral Europe, the spiciness of the Middle East brought together by the amazing African milieu. The clincher is of course the price tag, which is the best of international living at down to earth South African costs. This is truly the reason why you should opt for Cape Town property when looking for a second or vacation home.
Some of the best premium real estate in the Cape Town properties for sale, Camps Bay is home to a few of the best beaches in the area. Called the Las Vegas of investment opportunities Caps Bay is a trendy area with Bungalows, villas, luxe apartments, and gated complexes. Rentals are a very popular option in this Cape Town property market. Your rectal investment can give you an income of upto 300,000 Rands a month as families are always seeing to rent furnished and unfurnished homes in the area.
A peaceful neighborhood that signifies everything that you want when you live by the ocean, Clifton has abundant beaches that are major tourist draws. Houses here increase in value according to their spectacular view of the ocean or the Table Mountain.
If all of this tempts you to take the plunge of finding your own piece of stunning beach front Cape Town property why not take the next step and take a look at some real estate listings there are a wide variety to choose from and various neighborhoods and suburbs that can give you what you are looking for.
Buy a detached 3 bed home in Kommetjie for less than 2 million Rands or buy a delicious cottage in Scarborough for about 1, 25 million Rands. Another great investment area is Fish Hoek, which has a range of choices addressing various price points. From single and double bed apartments in Fish Hoek centre at less than 600,000 Rands to detached properties in the valley that can go for as much as 1.4 million Rands.
If you want a mountainside home that has panoramic prospects it can get pricier at 2-3 million Rands. Popular with the retired crowd because of its level and accessible beaches it is in recent years also well liked by young families who want to settle some where quiet. Another group who have been choosing then southern peninsula are young professionals seek homes at commutable distances and are find the area has ideal Cape Town properties for them to settle into.
A very popular suburb is that of Harfield Village which has been getting increasingly popular with entry level buyers like couples without children. These lovely finds come with their own medium size easy to manage plots, sturdy, well designed houses and centralized location. You can still buy a 4 bedroom house with two garages here for as little as 2.35 million Rands. There is also some activity in this Cape Town property market from parents who are buying their student children sectional units to start them of.
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