Welcome to the vibrant shores of the Atlantic Seaboard and the lively streets of the City Bowl! We're thrilled to announce the launch of our BLUE Summer Edition magazine, a seasonal celebration packed with the best that Cape Town has to offer.
What's Inside:
This edition is a treasure trove of insights and delights. From an exclusive interview with Cape Town's Mayor, Geordin Hill-Lewis, to a curated guide of top dining spots, our pages are filled with local charm and sophistication. Property enthusiasts will revel in our selection of premium listings, offering a glimpse into some of the most sought-after real estates in the region. Whether you're a long-time resident or a curious visitor, the BLUE Summer Edition brings a slice of Cape Town's unique lifestyle right to your fingertips.
A Good Time for Investors
For shrewd property investors, this rental surge presents tantalizing opportunities. Seeff Property Group estimates rentals in areas like the Atlantic Seaboard and City Bowl are yielding returns between 4% to 6%. In fact, the Western Cape, in June 2023 alone, witnessed a staggering 32.9% of property demand stemming from buy-to-let applications - a figure that vastly surpasses the 21.5% high of March 2020. This regional dynamism is a significant contributor to the national uptick in investment properties.
Further delving into the data, these investors are largely second-time homebuyers, with an average age of 44 and gross monthly income around R156,190. This suggests that seasoned investors are keenly aware of the opportunities in the Cape Town rental market.
Dive into our compelling interview with Mayor Geordin Hill-Lewis, where he shares his vision for the city's future and the hidden gems that make our community special. Additionally, don't miss our feature on a stunning beachfront property that exemplifies luxury living in Cape Town. These articles, among others, are not just informative but also a visual treat, showcasing the beauty and vibrancy of our beloved city.
Seeff's Vision and Contribution:
At Seeff, we're more than just real estate experts; we're ambassadors of the Cape Town lifestyle. The BLUE Summer Edition is a testament to our commitment to showcasing the best of the Atlantic Seaboard and City Bowl. Through this magazine, we aim to connect people not just with properties but with the heart and soul of our community.
We invite you to immerse yourself in the pages of our BLUE Summer Edition. Discover the allure of Cape Town and let us guide you through the best experiences the city has to offer this summer.
The magazine is available online and at select local branches. Click here or pop by to get your hands on a copy.
Here's to a summer of discovery, beauty, and unforgettable experiences. Happy reading!
13 Nov 2023
Author Seeff Atlantic Seaboard & City Bowl