For those buying into lifestyle, Hout Bay is just the place. This little suburb, surrounded by breathtaking mountain views is located just 20 minutes away from the city centre and positioned in the middle of three of Cape Town’s most scenic mountain passes; Suikerbossie, Chapman's Peak Drive and Constantia Nek pass. Home owners in Hout Bay enjoy uninterrupted views of the Cape Peninsula. Just 5 minutes away lie Hout Bay beach and Hout Bay Harbour. These are among Cape Town’s most popular tourist attractions lined with wonderful sea food restaurants and fishing boats.

Owing to its up-market houses and unique village atmosphere, Hout Bay is marked as one of Cape Town’s prime property investment areas. However, demand for property has declined over the past two years, forcing prices down by more than 10%. 2010 marks a great time for property investment in Hout Bay since prices are arguably at an all time low whilst value of property in the area will soon reach an all time high as the FIFA World Cup is nearing. Infrastructure spending in preparation for the esteemed football event will be a great contributing factor to increased property value and economic growth in South Africa. Many Hout Bay developments have recently been completed, so the drop in demand means there are some great investment opportunities to be had by potential home buyers.

If you are thinking of buying property in the Atlantic Seaboard during 2010, feel free to contact Cape Waterfront Estates.

We are undoubtedly the Lifestyle Real Estate Agency of choice, offering a world-class service to the discerning buyer & seller of prime Clifton, Camps Bay, Hout Bay & Llandudno property in Cape Town. We offer beautiful and unparalleled investment opportunities, whether they be apartments, townhouses, country estates, family homes, vacant land or large beachfront villas.

Contact us today and let us help you in finding your dream home.