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Cheaper Than Southern Italy, Cape Town Property Is A Real Estate Gem
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Posted On :
Nov-13-2010
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Article Word Count :
576
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Even though it is still cheaper than say buying in Southern Italy, property prices have soared since 1998 when Nelson Mandela opened it to foreign investors, which means that those who got in early have made a killing
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Even though it is still cheaper than say buying in Southern Italy, property prices have soared since 1998 when Nelson Mandela opened it to foreign investors, which means that those who got in early have made a killing.
Britons favor investing in the Cape Town property market because of the great wineries, versatile landscape and natural beauty, moderate climates, excellent leisure facilities and large ex-pat communities.
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.
Golfer’s paradise with PGA golfing facilities that are still cost effective and are kept up immaculately. Cape Town has mountains to climb, beaches to laze on and some of the best surf in the world. With some of the best vineyards in the world and a great range of cuisine to supplement it is all set to supplant Tuscany or the South of France when it comes to second homes for people in the UK and Europe. The Cape has officially got the largest proliferation of certified wineries in the world and has just the ideal atmosphere to unwind with a good Cape Chardonnay in the most peaceful of settings
The Cape Town property market has a good mix of everything; there are luxury ocean front villas, apartments in the city centre that you can lockup and leave, as well as large traditional Dutch Farmsteads and houses with acreage.
One of the latest trends in the Cape Town property market are home on private developmental estates that cater to specialized needs. So if you are a golfing aficionado you buy an apartment or a house on a golfing estate. If horses are your fancy you buy on an equestrian estate, if you are a wine connoisseur there are wine estates. These estates other than there obvious focused facilities offer 24 –hour security. Estate properties in generally present a favorable return on investment and outstanding resale values.
All locations within the purview of the Cape Town property market have listing agents who will be able to give you all pertinent details that you need to buy the best house for yourself. If you are buying a previously owned property, be sure to ask your realtor about the history of the house? It is very important to know about in previously existing fire, mold, plumbing or dry rot issues that the house might have. Find out if there have been unnatural deaths on the property, also make sure that all back taxes have been paid and the seller has the right to sell the property.
To be able to enjoy your Cape Town property without any worry make sure you know how old the appliance, water heaters and furnaces are. This is also an indication when they have to be changed. Remember changing a significant appliance, taking care of a mold issue or arrears in back taxes can add a large chunk to the money you will spend to buy your Cape Town property.
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Article Source :
http://www.articleseen.com/Article_Cheaper Than Southern Italy, Cape Town Property Is A Real Estate Gem_41578.aspx
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Author Resource :
Find more information relating to cape town properties, and cape town property here.
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Keywords :
cape town property, cape town properties,
Category :
Business
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Business
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