Dear All
Western Cape is SA’s ultimate province to live in. If you are looking for the best region in South Africa to invest in property, then the Western Cape is where you should be setting your sights with Hout Bay, Llandudno and the Atlantic Seaboard offering an extremely attractive lifestyle choice for both South Africans and Overseas buyers alike.
In November, Lightstone reported that most South African semigrants were choosing the Western Cape as their destination of choice.
This is because the business and lifestyle incentives being offered by the City of Cape Town are extremely appealing.
“It has 60% less load-shedding than the rest of the country, a cash-for-power plan buying electricity from businesses that feed back into the grid, and an across-the-board property rates relief package peaking at 52% for homes valued below R5 million.”
It is therefore easy to understand why a decade of trickling semigration from Johannesburg and Durban to Cape Town has now become a serious consideration for many businesses and home buyers alike.
StatsSA data also reveals that the Western Cape’s 6.9% employment increase in the last quarter was the largest rise in the country. South African metros “will be hard-pressed” to stem the flood of investment moving to Cape Town, because the City’s plan to mitigate at least four stages of Eskom load-shedding has been years in the making.
“Cape Town is already well on its way to reaching its three-year grid security target.”
Lightstone figures show that, in 2022, more people moved to the Western Cape than to Gauteng and KwaZulu-Natal combined which makes the Western Cape and indeed the Atlantic Seaboard in particular a very attractive lifestyle choice.
If you are interested in buying, selling or renting do not hesitate to contact us
Llandudno:
Clare 0832522485 and Margie 0832522755
Atlantic Seaboard:
Alison 0834629045
Hout Bay:
Fiona 0824525715 and Arlene 0824539690
If you're looking for a winter getaway, a short-term solution, or having trouble securing the ideal long-term rental, we've got you covered. Our collection of homes and apartments available for off-season rentals ranges from comfortable and delightful homes to breathtaking seaside properties
Long-term / short-term / holiday rentals:
Terry 0825720764
All the best,
The Cape Waterfront Team