Cape Town Offers Diversity In Choice

With its Mediterranean climate, world class infrastructure, and unrivalled lifestyle offerings, Cape Town is an ideal place to get into the property market, whether it be as an investment property or summer home.

Cape Town real estate has long been considered a ripe market, with a strong, consistent return on investment, married with its obvious lifestyle advantages, making it an attractive option to live and a positive addition to an investment portfolio.  

The Atlantic Seaboard has a strong allure, with the coastal stretch running from the V&A Waterfront to the secluded, exclusive beaches of Bakoven, considered prime real estate. Its combination of urban spaces and incredible aesthetic splendour make this stretch an area that caters to all manner of buyer, whether they are looking for a family home or a more intimate, manageable lock -up, and go property.

Investment property

The Mother City is the perfect market for savvy investors to add to their portfolio with the rental market having continued to show significant signs of life after taking a hit during the Covid-19 pandemic.

With most new arrivals in Cape Town preferring to rent before entering the market as buyers. Perhaps an off-set of the pandemic, luxury rentals have been in high demand in 2022, with tenants looking for bigger properties, with plenty of space to set up work areas, and outdoor areas playing a key role in their decision making.

This could be tied to a combination of factors - lifestyle, semigration and the strength of the real estate market as a whole - resulting in a strong resurgence in the Cape Town rental market.

It is likely this trend will continue in 2023.

If you're looking at buying a property with an eye for the rental market, there are a number of options available, with a positive ROI on the cards.

Family homes

The Atlantic Seaboard is also a fantastic opportunity for families making the move to Cape Town, with considerable benefits outside of the obvious aesthetic values.

There are huge lifestyle opportunities, with an abundance of outdoor experiences, with the diversity of offerings making it perfect for families of all sizes to enjoy the best of the city.

There are a number of fantastic schools based on the Atlantic Seaboard, including Camps Bay, Llandudno and Reddam, while the V&A Waterfront provides homeowners will all the basics and so much more. Small wonder that so many families are setting down their roots on the Atlantic Seaboard.

Buyers looking to move their families to Cape Town are spoilt for choice in the area, with this beautiful property just one of the many options available. It's the ultimate playground for active families that enjoy the outdoors - both in the ocean and on land.

Lock-up, and go

With the ability to work from anywhere, the lure of Cape Town is proving to be very strong, with a new breed of worker setting up remotely in the Mother City.

With remote work largely accepted as the way forward, and companies around the country changing their attitude towards having employees in the office at all times, workers are taking advantage by setting up homes in more desirable places.

Location is everything after all.

Cape Town is not just a pretty face either. The city also has the highest number of co-working spaces in Africa, one the largest open-fibre networks on the continent, a well-developed network of local and international entrepreneurs and is considered by many to be the tech hub of Africa.

There has never been a better opportunity for investors to look at the Cape Town real estate market, with the remote working market top of mind, but it is also an ideal time for those looking to relocate to find a beautiful property without having to find new employment.

There are massive options available to those looking to make the move with a lot of new developments catering to those wanting a secure, slick, well-serviced apartment or a lock-up and-go.

The below apartment is perfect for the business person or professional couple wanting to relocate, while not having to manage too much space.

Looking to make Cape Town your new home? Contact us today!