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Farms & Smallholdings in the Western Cape in HIGH Demand

We have GOT to get back to our roots. The next generation depends on it!!!

Buyer Preferences: Eco-Friendly and Functional

According to Horne, luxury homebuyers in Cape Town are increasingly prioritising solutions to manage loadshedding, eco-friendly features, and integrated living environments. Gas-powered appliances, generators, inverters, solar heating, water purification systems, and smart home technologies are high on the wish list. “The trend towards properties that offer a blend of residential, commercial, and recreational spaces is also growing, appealing to those seeking a holistic lifestyle.”

SEE ALSO: TAKING STOCK OF THE WESTERN CAPE

“Outdoor spaces and security are also paramount.,” says Horne. “Gardens, terraces, balconies, and advanced security systems are highly sought after. The flexibility of home spaces to serve multiple purposes, such as home offices or gyms, reflects the post-pandemic shift towards remote work and home-based activities.”

Diverse Buyer Demographics

Cape Town’s property market is attracting a varied demographic, from local families and investors to international buyers and returning expatriates. European investors from the UK, Germany, Italy, the Netherlands, and France, as well as African investors from Mozambique, Zimbabwe, Angola, Cameroon, and Nigeria, are prominent players. Horne notes that the Atlantic Seaboard and Southern Suburbs are particularly popular among international buyers.

“Local buyers are equally enthusiastic, with many investing in properties that offer a lifestyle, prioritising wellbeing and sustainability. The market also sees a trend towards multi-generational living arrangements, appealing to both family accommodations and rental income opportunities.”

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