The Real Estate in the Western Cape of South Africa is in Big Demand

The Real Estate in the Western Cape of South Africa is in Big Demand

The Western Cape of South Africa has continually experienced growth in their real estate market over the past ten years. In the year 2007, research results show that South African real estate overall received a 15.1% return. This is better than sixteen other major countries and the future looks even brighter for the possibility of South Africa staying as a leader in the worldwide real estate market. As the most populated area of South Africa, the Western Cape of South Africa is responsible for most of the growth, and as more people relocate to Cape Town, real estate there becomes more valuable.

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.

The homes of Llandudno are still on the beaches of the Western Cape of South Africa, but are more private than other beach homes. The very wealthy live here, and enjoy a semi-private beach and the luxury of no tourists. There are no shops or restaurants here, only exclusive, private residences.

The Western Cape of South Africa has homes for families as well. The city of Cape Town has many more reasonably priced neighborhoods, including the Newlands, well-know for its rugby stadium. Homes here are right at the base of Table Mountain in the City Bowl, and because this area receives so much rainfall per year, it has been nicknamed the ‘green’ district.

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.

There are also an incredible amount of rural areas in the Western Cape of South Africa with incredible residential real estate. The Garden Route and the Wine Country have newer homes, as well as historic estates and even vacant land for custom building. The scenery is beautiful and the lifestyle here is slower paced.

The Western Cape of South Africa probably has the most diversity when it comes to purchasing residential real estate. Buyers can find anything from single family homes to massive estates. The Western Cape of South Africa also has so many different areas to choose from, you are bound to find the home of your dreams right here on the Western Cape.

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