Cape Town at a glance
This picturesque city is surrounded by blue seas and skies, and nestles against the iconic Table Mountain. A blend of landscapes, cuisines, and culture, people usually relocate to the Mother City for the easy-going lifestyle. However, in 2018, a research report by the World Bank ranked the City of Cape Town as the number one metropolitan municipality in South Africa when it comes to ease of doing business. It is a vibrant hub of commercial activity and it is also known as South Africa's capital of digital innovation.
It's no secret that Cape Town's scenery draws you in like a moth to a flame, and the opportunity for property investment holds the same appeal. With one of the most steady residential markets in South Africa, you can expect massive resale and rental opportunities.
Surrounding Transport
The City of Cape Town municipality is constantly working on improving public transport services to give residents convenient ways to get around town. There's the MyCiti bus that you can hop on at multiple points around the city and surrounding areas with a scan of your bus card.If you decide not to wait for the bus, there is always Uber or Lyft.
When it comes to jet setting around the globe, Cape Town International Airport can take you where you need to be.
Schools and Education
Cape Town has over 180 schools to choose from. No matter the area you decide to settle down in, you can rest assured that you can find an excellent school for your children. Some of these schools and tertiary institutions include:
- The University of the Western Cape
Activities and Hotspots
With tourism being a main attraction, you can live in the Mother City for years and still find something new to do on the weekends. Explore Cape Town's colourful food markets, thrift shops and live music scenes on Saturdays with various markets around the city (pop-up and permanent). At the beginning of the month, many restaurants and entertainers hop on the First Thursdays train where establishments have great discounts and events to enjoy like catching a movie at half price, going to the aquarium or grabbing drinks with friends. If you feel like getting out of the house for a drink in a peaceful environment, here are over 148 wine farms to explore.
Visit the V&A Waterfront for a taste of luxury and explore the Victoria Wharf Mall's luxurious shops, grab a bite to eat at one of many restaurants ranging from casual eating to fine dining, or enjoy a boat ride around the historic Robben Island. For the active, you can go for a run on Sea Point's promenade right along the beach. If you really want to tour the city, hop on a Red Bus Tour and enjoy Cape Town's wonders and history.
For the adventurous, there are multiple exciting outdoor activities to choose from. Whether you are an adrenaline junkie or just here for the view, Cape Town's outdoor activities range from enjoying a picnic on Camps Bay beach at sunset or in the luscious green Kirstenbosch Gardens, to hiking up Lion's Head, abseiling from Signal Hill, or even shark cage diving.
Area Trends and Statistics
*graphs and tables have been sourced from Property24.
Annual sale and listing trends:
Monthly properties for sale:
Average asking price by bedroom count:
Age profile:
Want to move to the beautiful City of Cape Town, or just looking for an investment property? We can help you find what you're looking for!
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