South Africa’s Amazing Real Estate Growth
In the past ten years, the Western Cape of South Africa has seen a real estate boom that rivals that of any other nation. In fact, research results prove that South Africa real estate overall has shown an actual return of 15.1% in the year 2007. South Africa also outperformed sixteen other major countries to solidify its position as a world real estate leader. The Western Cape of South Africa is at the center of it all, and residential real estate here is more sought after than ever as many people relocate to Cape Town, the major business center of South Africa.
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.
Clifton is only one of many desirable places to live on the Atlantic coast. There is also Camps Bay, another upscale neighborhood of Cape Town. With Palm-lined beaches and and exclusive shops and cafes, Clifton is also a popular destination for tourists during the winter months; when they flock to the Western Cape of South Africa.
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.
Perhaps the trendiest neighborhood in Cape Town is De Waterkant. Right near the famous Victor and Albert Waterfront, De Waterkant is made up of the cobble stone streets and the Cape Dutch style buildings that the Western Cape of South Africa is famous for. This is the area closest to the business district of Cape Town, so many young professional live here.
To get entirely away from city life, many home buyers have found peace in the wine country or the Garden route of the Western Cape of South Africa. Properties here include newer homes, historic estates, and vacant land for building. The scenery is pastoral and the pace is slower here in the valley.
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.
