BLOK or taking your kids to the urban park .
The combination of the abundant natural scenery of Signal Hill , Lions Head , and Table Mountain as well as the beaches , urban park and promenade creates a compelling lifestyle that is unique simply on a geographical level .
In addition to this , Seapoint has an excellent high street culture that supports a walkable lifestyle with everything within a 10-12 minute walk ( at most ). There are also excellent mobility options from MyCiti , electric scooters / bikes , minibus taxis and uber . All this means that you can easily access a high quality urban lifestyle that desirable global cities are so wellknown for .
There has been a significant shift in priorities around what people are looking for in terms of properties and their surroundings . I believe the sense of “ connection ” is a priority for most . After long periods of isolation , we want to feel connected to a city , a community and our friends , and places that encourage connectedness are going to become more attractive than ever .
Property prices in the Atlantic Seaboard have risen during the ovid pandemic , and this speaks to the desirability and demand of the area , however , the preceding years had little to no capital growth as we were still emerging from the uncertainty and financial pressure of the President Zuma administration . Thankfully , we are now experiencing strong demand with the amount of time taken to sell properties dropping consistently and good price growth is back on the horizon .
This recovery is supported by favourable Interest rates , and the last few months of high levels of stock options ( an often overlooked but important part of a buyersmarket ). We are seeing a tipping point in supply and demand currently , meaning there is a short time left to have a great selection of properties to choose from . Therefore , now is the time to buy .
BUY NOW ! BUY SMALL ! As an international trend in great urban living places , people are more interested in getting into the top lifestyle suburbs and the broader ecosystem than they are about the size of their home . The facilities and living options available in an urban setting more than compensate for
SA Real Estate Investor Magazine APRIL 2022 27