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By Elizabeth McLachlan
Cape Town is one of the world’s top destinations, making property here extremely popular. Here are some suggestions as to where you will find the best places to live in Cape Town.
For First Time Buyers
Cape Town offers a wide range of property for those wishing to enter the property market for the first time. The Northern Suburbs of Cape Town, including Durbanville, Brackenfell and Bellville offer well-priced properties ranging from small homes and town houses in gated communities to flats and apartments. The Southern Suburbs of Cape Town also offer great options for first time buyers within a higher income bracket. These areas include Tokai, Newlands and Claremont. Both the Northern and Southern Suburbs are located within easy access of the major highways taking you into Cape Town City and major business districts.
For DINKY’s (Dual Income, No Kids Yet)
DINKY’s can be describe as high-earning couples that choose not to have children and are therefore able to afford a more expensive consumer lifestyle than those with families. The Cape Town City Bowl is a popular for these types of homeowners, especially suburbs like Tamboerskloof, Gardens, Vredehoek and the City Centre. These suburbs are close to the countless street cafes, restaurant and exciting nightlife of Cape Town, not to mention the trendy beaches of the Atlantic Seaboard.
Cape Town is home to a number of tertiary institutions including the University of Cape Town, the Cape Peninsula University of Technology and various smaller institutes. Because of this fact, there are a large number of students looking for accommodation to rent in Cape Town. Areas known for housing these students are Rondebosch, Rosebank, Zonnebloem and Observatory. These rental properties are located close to campuses or public transport as well as a range of entertainment such as clubs, pubs, theaters etc.
With a number of top schools, excellent medical facilities and safe clean neighborhoods, Cape Town offers families a wide variety of areas to live. Starting with the Northern Suburbs – both Durbanville and Bellville host beautiful family homes in peaceful tree lined street. These homes are perfect for families as it is located close to schools as well as shopping centers and entertainment. Constantia, Claremont, Tokai and Newlands in the Southern Suburbs are also very family-orientated with a number of top private schools in these areas.
Cape Town is a great place for people to spend their golden years. The Atlantic Seaboard, for example, boast stunning views of the sprawling Atlantic Ocean and the world-class beaches found here are perfect for walks or jogs or for soaking up the sun. Suburbs like Hout Bay and Camps Bay but also Constantia, Durbanville and Belville are just some of the suburbs you can consider for retiring.
Undoubtedly, the Atlantic Seaboard and Cape Town City Bowl should be at the top of every investor’s list. Spatial limitation in both these areas make property here extremely sought after. The great views, excellent location and popularity of the property on the Atlantic Seaboard and Cape Town City Bowl are bound to show excellent returns on your investment.
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