5 reasons we want to live in Bantry Bay, Clifton or Camps Bay
Cape Town’s Atlantic Seaboard is world-famous for its views of the Atlantic Ocean as well as: Robben Island; its clean beaches; top restaurants; and, of course, stunning properties decorating the coastline.
Why would you not want to live there? Okay, let’s not pretend it isn’t pricey, but if we had the bucks, euros, or dollars to invest, we’d certainly want to live in Bantry Bay, Clifton or Camps Bay.
This is why:
Prestige and privacy
These three neighbourhoods fall into the Atlantic Seaboard’s ‘Big Five’ suburbs where the average selling prices have surged past R15-million for a full-title house, leaning closer to the R20-million price mark. Clifton has an average selling price of R18 million, Bantry Bay an average selling price of R17.7 million, and Camps Bay an average selling price of R17.7 million. There’s no denying these areas are prestige and so, if you love a luxury lifestyle, look no further.
According to the Wealth-X Global Property Handbook, which reviews the luxury real estate market and tracks the buying habits of the world’s wealthiest people, Cape Town ranks 37th – just below Dubai (36th). Fin24 states that “The Mother City’s attractiveness for luxury purchases by the very rich is seen as on a par with Oslo in Norway, Basel in Switzerland and Moscow in Russia.”
The Azure, Camps Bay is a new exclusive residential development situated between Lion’s Head, The Twelve Apostles and Camps Bay Beach. It comprises four landmark residences designed to the highest standards, within a short walk to the beach. Only two are still available.
For people looking to invest in property, it’s often important to be close to good schools. There are many to choose from in the area: Reddam House Green Point, Cape Town’s French School, Camps Bay Preparatory School, Camps Bay Primary School, Camps Bay High School, Kids on the Bay, Kidz Discovery, Llandudno Primary, and Hout Bay International School, among others.
The Atlantic Seaboard boasts some of the most beautiful beaches in the world. Two of Cape Town’s Blue Flag beaches are located there, namely Camps Bay Beach and Clifton 4th Beach. Traffic in holiday season can be a nightmare, but if you are conveniently located in the area, you can simply walk or cycle to the beach or hop on the well-connected MyCiti bus.
Property owners can benefit from local and international tourists by renting out their homes to tourists. According to Airports Company South Africa, Cape Town International Airport registered 127,309 international arrivals for December 2017, an 11.5% increase from December 2016. Chances are, you could make a good income if you own a property in the right place such as the Atlantic Seaboard.
If you’re investing in a property, it’s a bonus if you have top restaurants on your doorstep. Camps Bay, Clifton and Bantry Bay are surrounded by some of the best restaurants, bars, and cocktail lounges in Cape Town – perhaps because there is no better place to be when the sun sets over the Atlantic Ocean.
Some of our favourite spots in the area include the Leopard Bar at the 12 Apostles Hotel, Cafe Caprice, Zenzero, Paranga Restaurant, The Roundhouse Restaurant, The Raj, The Bungalow, La Mouette and Kleinsky’s Delicatessen.
Then there are the area’s attractions that have visitors fly in from all over the world or, better yet, return year after year.
A stone’s throw from Clifton, Camps Bay and Bantry Bay is:
- Lion’s Head
- Cape Town Castle
- Robben Island
- V&A Waterfront
- Table Mountain
- Companies Gardens
- Iziko Museum
- Twelve Apostles Mountain Range
- World of Birds
- Two Oceans Aquarium
- Sea Point promenade and swimming pools
- Artscape Theatre
We advise all our readers to do proper research about the area they’re considering investing in. Find a reliable property agent, ask your questions, and let them help you and guide you on your investment journey.
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