Investing in Hout Bay property is sure to generate exponential returns. Hout Bay, surrounded by mountains, wine farms, and the ocean, is an investor.s dream. With its sandy beaches, friendly neighbours and fun activities for the whole family, it is the perfect destination for living, holiday-making and retiring.
Hout Bay residents have the best of many worlds. San Khoi people resided in Hout Bay between 100AD and 500AD and while it was once a quaint fishing village, Hout Bay has managed to retain its small-town atmosphere yet it is tinged with sophistication. Perhaps it is this very charm that has made it one of the most popular tourist destinations in the world. It is often referred to as the "Republic of Hout Bay" by its residents - with a valid passport to prove it!
Despite the unstable trends in the South African property market, beachfront property in Hout Bay is still achieving phenomenal growth. When reselling Hout Bay real estate, it can be marketed as a primary dwelling, a holiday home or a retirement home, which increases its resale potential. It is best to consult a reputable property company that knows the Hout Bay property market like Cape Waterfront Estates does when making a property investment.