Jan
2019
Cape Town’s Atlantic Seaboard commands a status of prestige which is not an artificially driven status.
Firstly property values are determined by the immense costs of construction on the lower mountains of Signal Hill. Then there is the cost of the size of these homes which are palatial by most standards and then the interior finishings which are of designer quality and craftsmanship. And to finish of the picture the homes in Fresnaye have ultra-landscaped gardens which makes full use of panoramic views of the Atlantic Seaboard as a frame.
It is then safe to assume the architecture is ultra-modern and will appeal to a specific type of executive.
Property values are high and in this prestige market there is a high degree of demand and part of this demand comes from foreign property investors seeking the pleasures and exclusivity with the laid back lifestyle which only Cape Town can offer.
Fresnaye is also in a prime location relative to various amenities with access roads not as congested in peak holiday seasons as other suburbs situated lower down Signal Hill.
The property usage does mean there are prospects for the well-heeled to purchase a holiday apartment offering the exclusive comforts of a family home and will always be a long-term growth prospect or an inheritance.
Holiday rental apartments are also in high demand making it a prime long term investment for astute investors which caters for the local and foreign market with the benefit Cape Town has of an all-year round tourist industry.
Apartment buildings also offer the same security as many of the exclusive hotels with the benefit of being in your own personal space of luxury which is the other factor foreign tourists may have concerns about.
Being a residential suburb means there are a number of schools for children to attend like Deutsche Schule Kapstadt, Vista High School, Jan Van Riebeeck High School and Laerskool Jan Van Riebeeck.
There are more than enough tourist attractions to keep the bored busy with like the V&A Waterfront.
Take a tour of the homes in Fresnaye, Cape Town via the Myroof web-site.
