Real Estate Is Hotter Than Ever In The Western Cape Of South Africa

Over the past decade, the Western Cape of South Africa has experienced significant real estate growth that registers on a global scale. The overall returns from investment in South African real estate show a 15.1% return in the year 2007. This is higher than sixteen other major countries and has established South Africa as a solid force in the international real estate market. As the most developed part of South Africa, the Western Cape of South Africa is in the middle of most of the success.

The suburbs of Cape Town have the most desirable real estate on the Western Cape of South Africa. One of the most sought after areas is Clifton, which is the place to go for socializing. These exclusive homes are located on the cliffs of the Atlantic Seaboard and have incredible views of the ocean. The beaches here are sheltered from the winds and are made up of pure granite sand.

The Western Cape of South Africa has many beach neighborhoods for home buyers to choose from, including Camps Bay. Camps Bay is located at the bottom of the Twelve Apostles Mountains, and its Palm-lined beaches literally hug the base of it. Affluent home owners can enjoy the trendy shops and cafes here, and for many residences, these are second homes for summer vacations.

Another Atlantic Seaboard neighborhood of interest if you are planning on living in Cape Town is the beach town of Llandudno. The truly wealthy live here, and like the fact that that it is secluded, has its own beach, and does not allow stores or restaurants in the area. The semi-private beach here is one of the nicest for sunbathing on the Western Cape of South Africa.

Downtown Cape Town itself is a whole other world of neighborhoods and residential real estate. Here you will find the Newlands, an upscale suburb for families at the base of Table Mountain. The Newlands is best known in the Western Cape of South Africa for its rugby, because the Newlands stadium is located here. However, home owners love it for the steady rain fall which produces lush landscaping, and the gorgeous homes whose properties back right into Table Mountain.

A trendier part of Cape Town is the neighborhood of De Waterkant. This district is a wonderful maze of cobblestone streets and Cape Dutch style buildings that have been renovated by young professionals who work in the business district. There are high-end bistros and boutiques, and homes in this part of the Western Cape of South Africa are generally condos or townhouses.

Further inland, there are many properties available in the Wine region and the Garden Route of the Western Cape of South Africa. Here, home buyers can choose from historic Cape Dutch homes or more modern properties in this picturesque and beautiful valley close to Cape Town.

The Western Cape of South Africa has so many different kinds of homes available for prospective buyers. There are beach homes, luxury estates, single family homes, condominiums, town homes, and commercial properties as well. The landscape is so diverse in this area of the world, that you can also find almost any kinds of living arrangement to call home in the Western Cape of South Africa.

Tags: Real Estate