Clifton properties in high demand
Clifton properties have exceptional value as can be seen from a recent sale of a house in the area for a whopping R34 million. This is one of the most expensive areas in the city of Cape Town and rightfully so as many overseas investors prefer Clifton properties over any other properties because of the beauty of the area and stunning views. As a playground for the rich and famous, this is one area not severely affected by price fluctuations.
Although expensive and most probably out of reach for the ordinary man on the street investing in Clifton properties will mean an investment well made. The houses reach phenomenal rental prices and especially as holiday accommodation. It is not to say that there are no bargains in the area, just that you have to know the right estate agent company which will be able to locate bargains on behalf of the buyer.
Be warned though the jetsetters of the world compete fiercely to get the right address in South Africa and no doubt you will not get better than Clifton. Even ordinary studios or bungalows reach prices in the vicinity of R50-60 million.
Why the high prices?
The demand for Clifton properties is far higher than the supply. The exclusivity of the area, combined with a limited number of properties in the market, mean that the demand will in general always outstrip the supply of suitable property in this up-market area. If you have an interest in top of the range property in Cape Town and address counts then get in contact with us to find you the gem amongst gems in this exclusive area.
- Camps Bay Properties
- Camps Bay Property Management
- Clifton Properties
- Clifton Property Management
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