Thursday, April 15, 2010

7 Advantages of Owing Beachfront Property in Cape Town

How often does one get a chance to invest in property that are known to be some of South Africa's most lucrative investments. Beachfront property in Cape Town offers investors some of the most beautiful scenery in the world as well as access to world-class beaches - only one of the advantages of owning beachfront property on the golden stretch of coast. Here are a few more:

1. Excellent Investment

Beachfront property in Cape Town has proven to be some of the world's best investments. This has mostly to do with the fact that these properties are extremely sought-after and will always be in demand. Also, the coastline is running into some spatial limitation, which means that the current properties are bound to increase in value.

2. Scenic Beauty

Cape Town has always been viewed as one of the most beautiful places in the world. The characteristic Table Mountain, unspoilt beaches, the sprawling Atlantic Ocean not to mention the magnificent sunsets all contribute to the excellent views most beachfront properties in Cape Town feature.

3. Endless Holiday Rental Opportunities

Cape Town has always been a popular holiday destination for both nationals and foreigners. It is therefore perfect for those looking to invest in a buy-to-let property. It is also a know fact that beachfront property yield a much higher per night rate than other properties.

4. Ideal Climate

Owners of beachfront property in Cape Town can take advantage of the great weather experience in Cape Town during the summer months (November - April). The mild, wet conditions in winter is perfect to snuggle up in front of the fireplace with a glass of wine produced by surrounding wine farms. It is also the best time of the year for whale watching and experience the Cape West Coast's unique flowers.

5. Close to All Cape Town's Attractions

The numerous tourists in Cape Town is all located within easy reach of beach front property in Cape Town including Robben Island, the V&A Waterfront, the Cape Winelands, the Cape West Coast etc.

6. Various Property Management Companies

Because Cape Town is such a popular tourist destination, many tourists end up buying property in the Mother City. This means there is a lot of demand for property management companies and rental agents that will maintain and rent out your property while the owners are back home.

7. 2010 Soccer World Cup Legacy

Experts believe that the 2010 Soccer World Cup will showcase South Africa's many assets, which is bound to draw even more tourist and investors to Cape Town. With such a high demand for property your investment is bound to grow far beyond your wildest imagination.

From the bustling promenade of Sea Point to the exclusive Bantry Bay and on to the trendy Clifton and Camps Bay you will find some of the country's most beautiful beachfront property. These properties won't just offer you a stunning seaside lifestyle close to Cape Town's many attractions, but will also prove to be one of the best investments you will ever make.
(ArticlesBase SC #1762673)

Elizabeth McLachlan - About the Author:
Elizabeth works for SAHometraders - South Africa's leading property portal. Browse through a wide range of Sea Point property, Green Point real estate and a variety on Camps Bay accommodation.

Source:  http://www.articlesbase.com/real-estate-articles/7-advantages-of-owing-beachfront-property-in-cape-town-1762673.html