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From spectacular views to great golf estates Cape Town Property market has it all
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Posted On :
Nov-09-2010
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Article Word Count :
526
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With some of the best golf courses in the world, historic renovated Dutch farmsteads and abundant verdant valleys of vineyards Cape town properties are some of the most sought after real estate in the world.
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With some of the best golf courses in the world, historic renovated Dutch farmsteads and abundant verdant valleys of vineyards Cape town properties are some of the most sought after real estate in the world.
The best Cape Town suburbs are those that hug the Atlantic Coast. Stretching from the cities doorstep in Green Point, these lovely urban hamlets wind through some of the most picturesque real estate in the world. Drive onwards to be further entranced as you cross Llandudno an till you reach Hout Bay.
If you were thinking of investing in the Cape Town area and are unsure of what to buy here are some pretty good reasons to take a serious look at the whole range in the Cape Town properties for sale
Held in thrall by the property boom for the last five years Cape Town property market is fully resurgent. The best example of this is the Atlantic suburbs that starts from Green Point and goes on till Camp’s Bay. With innumerable locations that are perfect for your dream home, its just one great piece of Cape Town property after another. If you haven’t had the satisfaction of actually visiting the Cape, it is really time for you to come see for yourself.
So what would this fantasy cost to achieve? It is surprisingly little considering what you are getting for it. To start it depends on what type of a home you are seeking to buy. Prices on the Atlantic coast can range from between R 700,000 to upto R5, 000,000. Starting at a functional one bed apartment it can go upto the kit and caboodle with designer homes that are avant-garde, technical marvels, mentioned in architectural magazine and have won awards.
If you want a basic Cape Town property in an Atlantic suburb as a second home which is a good investment, the following should help you achieve it. At the cheaper end of the spectrum are quaint suburbs like Green Point or Anchor Bay, Sea Point or Mouille Point. Made up of apartment blocks and smaller cottages, there are still affordable gems to be found here like sea view bed-sits that still sell for R700,000. This won’t last long though as only in the last year Mouille Point has shown a price increase of a staggering 193%.
On the other end of the spectrum are family homes in places like Bantry Bay or Fresanaye. In the peak season between December and March you can rent out premium properties on the higher end at as high as R300, 000. Beach houses in locales like Clifton or iconic homes in Granger Bay where in rented for as much as R350, 000 per day during the World Cup period.
Mountainside Cape Town properties with panoramic views can be more pricy; however they are still within reach at 1.8 – 3 million Rands. The town of Fish Hoek has forever been a long time favorite with retirees because of its lovely level and accessible beachfront; it is now also home to lots of young families and professionals who prefer to commute to town.
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Article Source :
http://www.articleseen.com/Article_From spectacular views to great golf estates Cape Town Property market has it all_40997.aspx
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