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Find a Cape Town Property that is Affordable

Posted On : Nov-10-2010 | seen (332) times | Article Word Count : 539 |

No matter how beautiful a location is there are many people feeling the financial pinch. This goes for locals as well as those international buyers looking for a Cape Town property. It is a little harder to come up with the cash to buy a home. However, if you are finding it tough to match prices with the finances it does not mean you have to give up on owning a Cape Town property.
No matter how beautiful a location is there are many people feeling the financial pinch. This goes for locals as well as those international buyers looking for a Cape Town property. It is a little harder to come up with the cash to buy a home. However, if you are finding it tough to match prices with the finances it does not mean you have to give up on owning a Cape Town property.

You either have to wait for the economy to settle or you have to be more flexible in your choice. In this case, flexible means looking in suburbs that may offer more cost effective homes. Fortunately, this city and its lifestyle are so attractive any suburb can enjoy the benefits.

A very good area to start looking for an affordable Cape Town property is the South Peninsula. This part of the city is made up of small coastal villages like Noordhoek, Scarborough, Simonstown, Fish Hoek and Kommetjie. It is possible to find a value for money home because these locations are further away from the actual city. It is important to point out there residents who commute into the city while others work from home or run small businesses close to their Cape Town property.

Close by is the suburb of Muizenburg that is still regarded as an area where you have a very good chance of finding a Cape Town property. This suburb boasts homes that are suitable for couples, singles and families. It is close to the beach and unlike the rest of the Cape, the water is pleasantly warm. A Cape Town property in the suburb of Muizenberg is the dream of every surfing enthusiast. The waves are good for surfing and there are also surf schools situated at the local beach.

Another very good prospect for those wanting to own a Cape Town property is the City Bowl. This is the most central point of the city and is situated at the foot of the slopes of Table Mountain. A Cape Town property in the City Bowl is cushioned on one side by the Foreshore on the seafront and on the other is protected by Table Mountain. The well established suburbs of Vredehoek and Oranjezicht offer really good value to home seekers. City Bowl suburbs cut down on the cost of traveling and the time. Public transport is readily available.

If you want to keep the cost of buying a Cape Town property down there are many residences in the City Bowl that require renovations to varying degrees. More and more homeowners are combining professionally carried out renovations with DIY. The secret to DIY is to make sure you don’t take on a project that is beyond your capabilities as it will cost more if you have to call in a professional to fix your botched handiwork.

If you are feeling the economic pinch you don’t have to give up on your dream of a Cape Town property. All you have to do is find out where to get a reasonably priced home. If you are prepared to do renovations it could keep the price of hour Cape Town property down even more.

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