Temperatures are heating up, and if you are dreaming of a property on the coast, now is just as good as any to do some house shopping. Here’s a look at the hottest property markets in South Africa right now.
THE MOST SOUGHT-AFTER PROPERTY MARKETS IN SA
If you’ve always dreamt of a house on the beach, this article is just for you. We’ve rounded up a list of the hottest property markets in SA.
In an interview with Business Insider, Richard Gray, CEO of Harcourts South Africa, explained that specific property markets in SA are gaining popularity as there is a “strong demand for properties in suburbs that offer a mix of lifestyle benefits, robust infrastructure, and promising growth indicators.”
According to Gray, some of the most sought-after properties are in the coastal suburbs of Clifton and Camps Bay in Cape Town, Rosebank and Sandown in Johannesburg, and the Garden Route’s Knysna and Plettenberg Bay.
But these properties do, however, come with a rather hefty price tag.
Here’s a look at what type of property you can get your hands on in these areas:
CLIFTON, CAPE TOWN
Have you got a cool R59 950 000 lying around? This gorgeous Clifton property sits on the Ridge on Clifton’s 4th beach. According to Dogon Group Properties offer, “postcard views over the Clifton Bay with Lion’s Head as the backdrop.” The bungalow has four bedrooms, three bathrooms and is described as the perfect blue-chip investment.
The monthly bond payment is estimated at R649 682.38 with no deposit.
This Clifton property will make all your holiday dreams come true if you have the bank balance for it. Image: Dogon Group. CAMPS BAY, CAPE TOWN
Known as the summer beach capital