Aug
2012
Home buyers and investors in the Western Cape are spoilt for choice – with a veritable buffet of delicious properties available on the market.
Geographically, the Western Cape stretches 400 kilometres to the north along the Atlantic coast-line and about 500 kilometres along the Indian Ocean’s coast to the east. Known for its diverse landscapes which range from pristine beaches to tropical forests, from mountain ranges to bushveld paradise, the Western Cape possesses the ability to entrance and ensnare any who cross its borders.
This may be why South African estate agents have recently reported that both local and international buyers are eagerly purchasing luxury and holiday homes in some of the Western Cape’s – and more specifically Cape Town’s – finest and most adored locations.
For those seeking the ultimate Utopia of urban sophistication, Cape Town is just that. The cosmopolitan city is vibrant and full of life, with the available property reflecting that lifestyle. The town apartments cater for the influx of businesspeople as well as up-and-coming singles who aim to be at the hub of business and society that is Cape Town’s CBD.
The Northern Suburbs are rapidly becoming a haven for young families, with properties ranging from apartments to larger homes with exquisite gardens. Areas include Bellville, Durbanville, Parow and Tygervalley, which are all located conveniently close to the Cape Winelands.
The plethora of prime beach-front real estate that comprises the Atlantic Seaboard and particularly the coastal suburbs like Bantry Bay and Hout Bay have been extremely popular amongst local buyers, foreign nationals and buyers from Gauteng who have invested in holiday homes.
According to the local estate agents in the area, Clifton in particular has seen a remarkable rise in sales within the upmarket apartment properties. Buyers seem eager to invest in the sea-views and luxurious comfort offered by these homes. As it is ideally situated to fully take advantage of the Atlantic Seaboard’s idyllic scenery, Clifton property has a prestigious and exclusive element to it.
The recent influx of property buyers means that Plettenberg Bay has also been making a comeback as a popular destination for holiday-home buyers, especially among buyers from Cape Town and Johannesburg. The sea-views, as with Clifton, location and extravagance that these homes offer is a major draw-card for holiday-makers and investors.
Since the current real estate climate is ideal for first-time buyers to invest in property, the Western Seaboard has seen a marked increase in property sales, particularly in more affordable areas like Big Bay and Sunningdale which offer reasonably priced homes in a scenic environment. These areas also appear to very popular amongst those seeking to relocate or retire as well as those looking to invest.
New property developments have also increased the appeal of the Western Cape, especially those bordering nature reserves and beach-fronts, as these estates will not be able to be expanded. These include the much sought-after areas of Melkbosstrand, Van Riebeeckstrand and Duynesfontein where the fishing village atmosphere lends a rural charm to the villages. These properties are becoming increasingly popular with investors as well as people seeking to find a tranquil and undisturbed setting to retire.
This exciting time in the Western Cape’s property market creates an environment of enthusiasm and opportunity for those seeking to invest, retire or acquire their first home.
Make sure to view the House for sale in Bellville, House for sale in Durbanville, House for sale in Parow as well as House for sale in Bantry Bay, House for sale in Hout Bay and House for sale in Clifton.
Why not start your search by browsing through the hundreds of available properties at MyRoof?
