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Situated on a high-rise area along the Cape Town shoreline, Sea Point boasts a scenic diversity of mountain views, sea views and a firsthand view of the newly built Green Point stadium as well as the famous Mouille Point lighthouse. The beautiful suburb of Sea Point is always bustling with activity as locals and tourists populate the streets and beaches from dawn to midnight. Previously known as a white restricted area, Sea Point is now rich in culture and is home to many ethnic, social and religious groups. Residents are just minutes away from Cape Town’s CBD (Central Business District). A popular communal space for residents to walk their dogs or for kids to play at is the beachfront promenade, a long walkway along the beach surrounded by green parks.
Sea Point has in recent years become a one stop shop for investment and is regarded as a place of urban rejuvenation, since a large majority of properties as well as shops and restaurants now belong to Dutch, German and British foreigners. It is speedily becoming an all-round up-market area and with the Soccer World Cup to be played off right on Sea Point’s doorstep during 2010, property value will increase at a phenomenal rate. When there is inordinate greed in the property market, it is wise to be fearful; however demand for property in Sea Point has declined in the past year, forcing down prices by more than 10 percent. Hence property in Cape Town is currently undervalued which make 2010 the right time to buy. 2010 marks a new period for the bustling Seapoint. As the economy strengthens and infrastructure improves, home owners will enjoy continuous increasing value for their money as well as the rich culture and enjoyable lifestyle which accompanies Sea Point living. 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.
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