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Foreign Investment in Cape Town, South Africa

Cape Town enjoys a large influx of foreign visitors each year and many of them fall in love with the cities many charms. Over the years this has led to a large number of foreign visitors choosing to either return to Cape Town or to even settle down and open their own business or purchase their own houses.

 

 

 

With a large number of tourist related activities, favorable exchange rates and a great atmosphere, and you have a climate that is appealing to investors.

  • Cape Town has thriving German and Chinese communities, with a German school located in Tamboerskloof and 2 large Chinese themed malls located in Milnerton.

Popular urban investment areasof Cape Town

Cape Town has quite distinctive areas and covers quite a large geographical area, which incorporates quite a large amount of seafront real estate. The most popular investment areas include:

Camps Bay

This area is a firm favorite with both locals and visitors alike and is considered the playground of the rich and famous. Properties in this area are the most expensive in the country and fetch over the R100 million mark. A buzzing night life, beautiful views and the hub bub of high society make this area a favorite with investors.

Gardens

With its many guesthouses and walking distance to the city center, this area has experienced a massive resurgence of late and is considered one of the areas to live.

  • Providing convenient access to the cities night life, tourist attractions and still having a view, this area is good value for the right type of investor.

Rondebosch

Long considered to be one of the most posh areas of the city, Rondebosch is home to some of the more stately homes in Cape Town.

  • This area is on the far side of the mountain from the previous 2 areas and consequently gets far more rain.
  • If you are looking for larger, older and more exclusive properties then this is the place to look.

Rural areas for foreign investment in Cape Town

As mentioned previously, Cape Town covers a very wide area geographically and many of the farming areas are classified as being part of the city.

Constantia

Hemmed in against the back of Table Mountain, this area is one of the longest established wine growing regions in the country.

  • While not strictly considered rural, driving through this area will certainly lend the illusion that you are not in the city.
  • Sprawling estates, historic architecture and beautiful scenery typify this area.

Stellenbosch

Long considered by many to the premium wine producing area of the country, Stellenbosch is always an attractive place to purchase land.

  • Phenomenal growth in the popularity of South African wines has meant that this area is in constant demand.

 

Durbanville Hills

A relatively new wine producing area, this region has also experienced massive growth in recent years.

  • Fuelled by its proximity to the city and its ease of access, this area is proving to be a popular wine tasting and eating out area with constant opportunities for investment.

 

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This entry was posted on April 5, 2014 by in Cape Town and tagged , , , , .

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