High-end homeowners are flocking to Cape Town's Atlantic Seaboard
Category News
Perhaps the most coveted stretch of real estate in South Africa: Cape Towns' auspicious Atlantic Seaboard is also one of the country's most extensive portfolios. With a record high real estate boom revealing it to be one of the fastest growing areas in the nation, the question remains - will this property bubble burst? We don't think so.
A well-balanced property market
Hamilton's Property Portfolio specialises in selling high-end homes within the areas of Llandudno, Mouille Point, Clifton, Fresnaye, Bantry Bay, and Bakoven just to name a few. These locations along the Atlantic Ocean are historically tied to an influx of settlers from Europe. Through the ages, these same historical homes and properties have seen an incredible amount of change over the years, diversifying their offerings yet retaining their lavish status.
But despite the level of development, some of these homes still maintain their colonial-era architecture which keeps them both unique and contemporary with a blend of both the old world and the new. It wasn't until the mid-1900s that South Africa's Art Deco movement inspired the rise of luxury sea-facing apartments which stretch across the glistening coastline.
Contemporary homes along the Seaboard
Most of the homes found along the coast are pre-existing properties that buyers-looking-to-renovate are quickly snapping up. This type of buyer has a clear vision of what they want and often has a keen eye for retaining some of their home's more historic attractions by seamlessly integrating their designs with the appeals of a bygone era.
Some of the most award-winning South African designs feature here in this area. Architecturally, the use of materials like granite and sandstone forms the basis of a design ethos that fits in perfectly to the backdrop of the Atlantic Seaboard itself.
Areas where high-end homes sell well
Some of the most exquisite areas within this stretch of real estate feature homes that are sold by Hamiltons. Think of the beautiful tree-adorned crescents and streets that complement the seaside suburb of Fresnaye. Or, if you're looking for the most exclusive property listings, the areas closer to Lion's Head such as Bantry Bay and Clifton are relatively free of the titular high winds the Cape is known for.
Bantry Bay in particular is home to some of South Africa's most exclusive homes. Last year, the 2nd highest sale in the country's history was achieved at a staggering R160 million. The third largest sale was also recorded at R125 million noting the dynamic nature of even the most prestigious of homes.
Should you feel the desire to travel further along the south coast then the towns of Camps Bay and Bakoven offer similar levels of high-end living with a more seasonal appeal. Think Ocean Drive along Miami's Golden Mile and you have a clear idea of the more youthful and vibey nature of this area.
Finally, and named after its Welsh founder, Llandudno is known for its sandy beaches dotted with granite boulders. Property here is mostly seaside villas with the rare opportunity to find vacant plots for development.
The features that attract buyers
There's something about the freedom granted when enjoying the tranquil setting of a seaside villa or suburb that carries ultimate favour with South Africans. Whether it's enjoying sundowners with a particularly awe-inspiring seaside view or the simple fact that such leisurely lifestyles have convenient access to quality schools, healthcare, and entertainment. There is no denying that Cape Town's Atlantic Seaboard will be a major attraction for years to come.
If you're looking for homes in the Western Cape then feel free to take a look at our wide selection of listings - Hamiltons Cape Town
Contact Hamiltons Property Portfolio for all your buying or selling requirements:
Gauteng: 011 463 0155
Western Cape: 021 418 0328
Garden Route: 044 050 3295
Eastern Cape: 076 927 7787
Winelands: 082 825 9020
Or email reception@hamiltons.co.za
Hamilton's Property Portfolio holds a Fidelity Fund Certificate issued by the Property Practitioners Regulatory Authority.
Author: Bryce Anderson
