International investors love the Atlantic seaboard and city bowl. But which other suburbs do the savvy buyers head to for Cape Town property?
On the face of it Cape Town property may seem very pricey. International buyers have driven up property prices in neighbourhoods like Sea Point and Camps Bay. But, don’t dismiss Cape Town as an unviable downshifting property buying destination just yet. There are still some great suburbs left that aren’t on the radar of foreign property buyers.
For example, Blouberg and Somerset West offer great value if you need a bit more space. If you are feeling minimalist and willing to buy a studio, Camps Bay and the Cape Town City Bowl are still worth a look.
Afterall, in this property obsessed blogger’s opinion, Cape Town offers a lifestyle comparable to San Francisco or Sydney at much lower prices. Get in while the going is still good! Here is are my tips on the five suburbs to visit when house hunting in Cape Town, with a rough guide of property prices in each neighbourhood;
#1 Cape Town City Bowl
Highlights: Great nightlife, fantastic restaurants and luxury shopping at the Victoria and Alfred Waterfront
Properties available: Studio apartments from $55,000, 2-bedroom apartments from $135,000
#2 Camps Bay for luxury living
Highlights: Blue flag beaches at Camps Bay and Clifton. Luxury living with Africa’s wealthiest. And how about a spa treatment at the Twelve Apostles?
Property: Studio apartment from $135,000, 2-bedroom apartments from $275,000
#3 Constantia for gardeners
Highlights: Kirstenbosch botanical garden, historic Groot Constantia wine farm and Africa’s top university; The University of Cape Town
Properties: 3-bedroom houses from $229,000. 2-bedroom apartments in nearby Claremont from $82,000
#4 Blouberg for beach-lovers
Highlights: The best view in South Africa? Affordable properties. Buzzing nightlife at Marine Circle
Properties: 2-bedroom apartments from $67,000, 3-bedroom homes from $134,000
#5 Somerset West for golfers
Highlights: Vergelegen Wine Estate, Helderberg Mountains and Erinvale Golf Club
Properties: 2 bedroom apartments from $38,000, 3 Bedroom Houses in Erinvale Golf Estate from $274,000
@NomadicYou Would you #downsize to a studio in trendy Cape Town #citybowl or a larger #apartment in Somerset West?