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Your Cape Town Property promises you a great lifestyle and good investment for the future
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Posted On :
Nov-10-2010
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Article Word Count :
517
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Living on the Atlantic Seaboard gives you the advantage of its balmy climate and ocean breezes. Watch each day set on the Western Cape as the sun makes its fiery exit into the ocean. Renowned fine dining restaurants, trendy coffee bars and fashionable boutiques brings to this Riviera a cosmopolitan air that is supplemented by its stunning natural beauty.
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Living on the Atlantic Seaboard gives you the advantage of its balmy climate and ocean breezes. Watch each day set on the Western Cape as the sun makes its fiery exit into the ocean. Renowned fine dining restaurants, trendy coffee bars and fashionable boutiques brings to this Riviera a cosmopolitan air that is supplemented by its stunning natural beauty.
A great Cape Town property market is in Central City where you can get an entry level apartment right at the centre of the business district for about 500,000 Rands. A cool bachelor pad is yours for between 1-2 million Rands. These are great for professional who work in the city and can be saved as future investment for their potential for rental income.
If you want to live near the sea the Cape Town property for you is in Mouille Point, where you can still get a single bedroom apartment starting from about 1.25 million Rands. In next door Green Point, bachelor units go for around 500.000 Rands and large two-bedroom houses fetch closer to 2 million Rands.
As land diminishes decreasing availability of supply, value escalates to reach greater heights in Hout Bay. This is primarily because all development here has been planned so as to keep as much of the verdant forest that gives the township its name intact as possible. This means that Cape Town Property markets are experiencing a 23% growth even during the last recession filled years.
Its remote pastoral setting, accessed only by 3 roadways is surprisingly only a 20minute ride away from Cape Town. A winding drive along the Atlantic coast suburbs, past llandudno, Hout Bay is close to the hustle bustle of the city so you can commute without exerting yourself. Its ideal for young couples looking to have children or young families with children because it promises a quite old fashioned lifestyle that is great for the kids while it has amenities like fine dining restaurants and shopping for grown ups. Dry summers, wet winters and great educational institutions make your Cape Town Property enviable.
Purchases made in the Cape Town Property market in recent time follow the trend of buying older houses with a view to renovate. These spectacular old homes are endowed with big plots that allow you to extend and add as you see fit. Stand alone property is favored over gated estates as this allows the buyer to individualize the design and architecture of his Cape Town Property.
If you are thinking of investing in a Cape Town Property for rental then you should know that experts consider growth in this sector will continue with an average rate between 20-25% and thus offers a very good return per investment.
As a location it is very good and with its tourist population promises a great monthly rental income and future capital gain. There are several good letting agents in the area that you can use to administer your Cape Town Property for you at 15-20 percent of your gross income.
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Article Source :
http://www.articleseen.com/Article_Your Cape Town Property promises you a great lifestyle and good investment for the future _41017.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
:
Business
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