Credit Matters

Over the past decade, the Western Cape of South Africa has experienced significant real estate growth that registers on a global scale. The overall returns from investment in South African real estate show a 15.1% return in the year 2007. This is higher than sixteen other major countries and has established South Africa as a solid force in the international real estate market. As the most developed part of South Africa, the Western Cape of South Africa is in the middle of most of the success.

This is partially due to the neighborhoods of the Cape Town area, where residential real estate on the Western Cape of South Africa is particularly sought after. There are neighborhoods like Clifton, which is the center of local society and a highly sought after place in which to live. The high-end homes of Clifton are popular for their ocean views and proximity to the pure granite sand beaches of the Atlantic.

The Western Cape of South Africa has many beach neighborhoods for home buyers to choose from, including Camps Bay. Camps Bay is located at the bottom of the Twelve Apostles Mountains, and its Palm-lined beaches literally hug the base of it. Affluent home owners can enjoy the trendy shops and cafes here, and for many residences, these are second homes for summer vacations.

Another Atlantic Seaboard neighborhood of interest if you are planning on living in Cape Town is the beach town of Llandudno. The truly wealthy live here, and like the fact that that it is secluded, has its own beach, and does not allow stores or restaurants in the area. The semi-private beach here is one of the nicest for sunbathing on the Western Cape of South Africa.

Of course, there is the residential real estate in Cape Town itself, which is a world away from the Atlantic Seaboard. The Newlands, a district famous for its rugby stadium, is a perfect place for families to purchase a home. Situated at the base of Table Mountain near the city bowl, this area of the Western Cape of South Africa receives more rain fall per year than any other and has been nicknamed the ‘green’ district.

Young professional singles prefer to live in De Waterkant, the trendiest neighborhood in the business district of Cape Town. Here, home buyers will find condos and townhomes, as well as the most upscale boutiques and restaurants in the entire Western Cape of South Africa. This is also an area of cobblestone streets and Cape Dutch style buildings.

There are also an incredible amount of rural areas in the Western Cape of South Africa with incredible residential real estate. The Garden Route and the Wine Country have newer homes, as well as historic estates and even vacant land for custom building. The scenery is beautiful and the lifestyle here is slower paced.

The Western Cape of South Africa has so many different kinds of homes available for prospective buyers. There are beach homes, luxury estates, single family homes, condominiums, town homes, and commercial properties as well. The landscape is so diverse in this area of the world, that you can also find almost any kinds of living arrangement to call home in the Western Cape of South Africa.