New Developments in Cape Town
Guiding you through Cape Town’s new property developments
There’s great news for property buyers in Cape Town nowadays. Because of the continuing high demand for homes here in the fairest Cape, new developments continue to present some of this country’s finest, most desirable residential real estate acquisition opportunities.
Although Cape Town and its most desirable suburbs remain perennially popular, new areas that feature brand new developments continue to add to the prime property offering of this magnificent, superbly scenic region. Such developments are invariably snapped up by astute property buyers and investors who recognise great opportunities, often before they’re launched.
Location is the key
Location is always the key, irrespective of whether the development is old or new. Some of Cape Town’s iconic older dwellings and buildings that have heritage status have been revamped within, thereby serving to increase their value and increase their appeal – far exceeding any levels that the original owners could ever have envisaged in their wildest dreams.
Living well in Cape Town
By the same token, Cape Town’s best new residential developments feature the latest in modern luxuries, appointments, and finishes, thus ensuring that they hold an enduring appeal to affluent buyers who are accustomed to having their creature comforts wherever they choose to live.
These folks live well, making the most of the Cape’s beauty, ambience, character, functioning infrastructure, multitude of leisure activities, and laid-back lifestyle. It’s all here, in Cape Town, the home of many of South Africa’s prime, most luxurious residential suburbs, streets, and properties.
Top suburbs and streets
The figures and data listed below reflect the average values of the most affluent suburbs and streets in Cape Town, and are according to a Lightstone report, as published online at businesstech.co.za, the website of BusinessTech during May this year, 2019.
The analysis of the data was compiled by Lightstone, which took into account almost 8 million registered properties, of which 83% were registered as residential, in South Africa. Well more than half of these were freehold properties, but the published data didn’t state how many were older versus new developments.
Three of Cape Town’s top suburbs, by value, included Fresnaye, Sea Point, and Rondebosch.
Averages are per property; the most expensive, upmarket suburbs and streets include:
Suburbs in Cape Town:
- Llandudno – R19,3 million
- Constantia – R15,1m
- Bel Ombre – R14,8m
- Waterfront – R14m
- Higgovale – R13,7m
- De Bosch – R17,3m
- Beauvais Rd, Bel Ombre – R43,7m
- Ravine Rd, Bantry Bay – R27,5m
- Logies Rd, Llandudno – R27,2m
- Avenue St Louis, Fresnaye – R21,4m
- Chesterfield Rd, Oranjezicht – R21,2m
- Strathmore Rd, Camps Bay – R19,9m
Not included in the above-mentioned data, the Atlantic Seaboard suburbs in the Cape feature some older and more modest, as well as numerous, valuable properties and new developments in:
- Camps Bay
- Hout Bay
- Green Point
- Sea Point
- Mouille Point
- Three Anchor Bay
- Granger Bay
- Bishopscourt (Southern Suburbs)
- Upper Constantia (Southern Suburbs)
Fine & Country South Africa’s specialities
Fine & Country South Africa, our premier estate agency, is closely associated with Fine & Country offices in more than 300 centres throughout the world and the head office of the group in Park Lane, London. Here, in South Africa, our agents are qualified, independent, and professional property consultants, who adhere to a strict code of professional conduct in all matters related to property and sterling customer service.
We specialise in the sales and purchase of top-of-the-market, ultra-luxurious properties – older and established, as well as new, state-of-the-art, superior developments for the upper-market sector of property buyers, sellers, and investors. Furthermore, our agents live and/or work in the areas that they represent to our valued clients.
This ensures that they’re able to provide clients with up-to-date, well-researched information and actual real-life guides about living, working, commuting, and playing in the relevant affluent Cape Town suburbs’ older homes and its new developments. When looking for a new home here, let Fine & Country South Africa help ensure your success and satisfaction.