Hout Bay is a sought after tourist attraction among both South African and international visitors, and not only offers real estate buyers a village life style, but the opportunity for appreciation of the beautiful surroundings and the opportunity for real estate investment too. The area consists of some of the finest properties in Cape Town with breath-taking sea views. The seaside town boasts a layback village atmosphere. It is interesting that a large number of property sales in the greater Bay area were made by people already residing here.
Over the past few years Hout Bay has seen an increase for residential security estate property from European buyers. This is mainly because the mountains offer a world-famous scenic route; Chapman’s Peak and a working harbour naturally shelter the bay. New construction to the Chapman’s Peak toll gate will offer tourist a viewing deck to observe the Atlantic Southern Right whales. The new bay harbour market is worth a visit for any food fundi. Future development in the planning is the redevelopment of the harbour and a ferry service to Cape Town Waterfront. The seaside town offers a quality of life that has drawn residents from all parts of the world. Hout Bay has approximately 27 communities that include areas like Scott Estate, Kenrock, Beach Estate, Bergendal, Ruyteplaats, Tierboskloof and Hanging Meadows which are security estate sea view properties. Horse riding is a popular activity, larger properties offer stabling and riding trails. It is the perfect option for buyers who are in search of a smaller village lifestyle.
The increased demand for real estate in Hout Bay has made the entry-level residential property sought after. This unique location has contributed to being among the top real estate investment areas in South Africa. Property prices have seen a significant increase in comparison with the neighbouring communities along the south Atlantic Seaboard. Most houses for sale have sea and mountain views, with access to the beach front and harbour. The Bay is situated on the southern tip of the Atlantic Seaboard near Cape Town.
In 2013, people in Hout Bay will be connected to Cape Town city via a MyCiTi bus service, expected to run from early in the morning to late at night. The bus service links the CBD via Camps Bay to the village. This route will cover both Victoria and Main Road towards the beach and harbour and Hangberg, surrounded by 850 square kilometres of National Parks and World Heritage sites.
With Hout Bay gaining popularity on a daily basis, so is the rising competition of people who want to acquire property in Hout Bay. Their website is designed to help make choosing and purchasing the perfect home in Hout Bay for your family the simplest and most rewarding experience ever. For more information, check out their website today or contact them for more information on or contact Shaun Kramer of Lola Kramer Realty on 27217904439
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