Residential property in Cape Town remains one of the few asset classes that outperforms inflation, house price inflation running at 14.3 per cent compared to the prevailing consumer inflation rate of 6.1 per cent. The province’s education infrastructure is world-class with internationally recognised schools and universities. Foreign currency will often buy you more space, exceptional views and city or suburb locations that other countries can’t get close to offering in terms of space, quality and amenities. With a huge range of secure living opportunities and some of the world’s leading estates in terms of safety and security it’s hard to find a reason to say ‘no’!

Foreign buyers are being drawn specifically to the Atlantic Seaboard, which sits centrally in Cape Town, facing the ocean yet embedded into the cityscape with Table Mountain sitting behind this beautiful and affluent suburb. Homes along the Atlantic Seaboard have more than doubled in value during the past five years and show no sign of losing momentum in the face of brisk local and international demand. The properties in this area are well located to the city’s entertainment hubs, such as the V&A Waterfront and the vibrant De Waterkant. 

The neighbouring central business district is experiencing a major property boom, with over a billion dollars in investment earmarked for the city centre within the next few years. 

So, when you think of South Africa, what comes to mind?  A great place to invest, live, work and play? This is the South Africa that the world is starting to see and we will gladly continue to open the doors to those looking for a piece of Africa to call home. 

For more information on this property from Pam Golding visit:

http://www.pamgolding.co.za/property-details/7-bedroom-house-for-sale-llandudno/1hg1253662