Cape Town’s Atlantic Seaboard is booming with real estate excitement! Known for its stunning views and fancy lifestyle, properties here grow in value at about 9.7% each year. Rental prices are 15% higher than in other areas, attracting both local and international buyers. The buzz around this area is fueled by tourists flocking in, eager to enjoy its beauty, making it a hot spot for smart investments. With more people showing interest and potential lower interest rates on the horizon, the future looks bright for this beautiful part of Cape Town!
The Atlantic Seaboard region of Cape Town, with its stunning coastline, urban convenience, and thriving real estate market, has become increasingly popular among international investors, particularly Russians. Ross Levin, the Seeff Atlantic Seaboard and City Bowl licensee, has witnessed a significant rise in Russian interest in this region’s properties, especially in the R10 million to R20 million price range.