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South African Coastal Real Estate Number One At Property Finding Services

 
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Wim Van Der Walt

Property finding services note that the scramble for Africa has started once again! That is, the scramble for South African coastal real estate. There are many reasons for this beach front property boon and the importance of this phenomenon should be considered carefully by astute international property investors. South African coastal real estate seems to exude a truly unique charm.

South African real estate agents are used to the queries from potential German, English, Dutch and American investors interested in buying beach front property. Germans who have bought here, and there are many of them, will for example tell friends and family of their experiences during a joyful South African holiday, and that will lead to more German interest and eventual coastal real estate buyers. And so too with the English, Dutch and American buyers.

But now there is a new wave of interest. South African property finding services report interest from the Chinese, the Russians and also affluent Africans outside our borders. Is Cape Town becoming known as the African coastal capital?

As stated, foreign property buyers will spread the word among friends and family and so interest will spread along those communication lines about South African property investment opportunities.

Why then this interest in South African coastal real estate?

The same scenario now unfolding in South Africa and more specifically in the Cape Town and Garden Route region, also occurred in Spain and is becoming apparent in Portugal. Breathtaking views, blue oceans and clean beaches in abundance, with property prices way below the overcrowded European counterparts.

Although real estate prices have increased tremendously in recent times, it is still comparatively cheap when compared to coastal property in Europe. With the exchange rate in favor of most foreign visitors, they find their friends’ advice correct in that one can buy a beach front property or apartment at a price not nearly possible abroad.

And according to the property guys, the great buys are not only at the top end of the market. Middle class families can afford to group together in buying South African coastal real estate for many years of happy holiday times. They will find to their amazement that some Hollywood film stars, royals and well known international faces quite often laze away at sidewalk cafe’s and frequent the range of night life venues.

Besides the relatively cheap property prices on the strength of international buying power, there is the amazing experience of many cultures interacting in a laid back manner through the summer holidays. It ensures an air of excitement way beyond the structured holiday style of stagnant destinations.

Seasoned international property owners not only rent their houses and apartments to other visitors coming in droves to enjoy Cape Town and the Garden Route, but they also use their own property as a base during the winter months. During the off-season, they make their way to the inland game reserves and unusual places of beauty like the Great and Small Karoo. Great art and even better music can be found in many locations in and around Cape Town in the Western Cape, but can also unearthed in small towns where eccentric artists and spirited musicians hide away.

With South Africa becoming more and more the port to the business effort into the African continent, South African property is a growing attraction. Business groups that come exploring and want to have a base for both business ventures and recreation in between business dealings, find the investment opportunities tempting and lucrative.

Perhaps you will choose to buy a plot in a security estate with Table Mountain or the Outeniqua Mountains as backdrop in order to build an own-designed house. Or you may opt for a lock up and go luxury apartment in Camps Bay Cape Town or in one of the West Coast's coastal real estate developments in Langebaan. One thing is sure, though. Once the South African spirit gets to your soul, you will be coming back again. And again...

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Wim van der Walt is the owner of Byron-YeatsProperties.com where you can find out about prime South African coastal real estate and new property developments from Cape Town's Camps Bay to Langebaan and Somerset West.

Article Tags: african [See Dictionary], property [See Dictionary], south [See Dictionary]
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Article published on October 25, 2007 at Isnare.com
 
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