Analysing the real estate market on the Southern Peninsula of Cape Town during the last few years this unmistakably beautiful region of our coast has continually provided homeowners with a consistent return on investment as well as presented buyers with exciting long term value.
The Peninsula, made up of Hout Bay, Chapman's Peak Drive, Noordhoek, Kommetjie, Scarborough, Cape Point, Simon's Town, Fish Hoek, Kalk Bay, St James and Muizenburg, has to be one of the most breathtaking regions in not only South Africa, but the world, and that plays a major part in the demand of this region. Long stretches of awe-inspiring beaches, a wide variety of property options, quant towns offering a respite from busy city life nestled by exquisite landscape options.
Our Harcourts Offices in this region have remained consistent in sales and generated continued investment interest in a relatively flat market. "Our dedication to multiple facets of real estate marketing in the modern environment ensures we are always geared to targeting demographics associated with the trends of the listing. Therefore, we can generate higher conversion rates for our clients with accurate metrics," said Kobus Louw, Harcourts Western Cape Business Development Manager.
"Activity in the first quarter of 2020 has undoubtedly increased from last year. During 2018/19 consumer confidence was at an all-time low and buyer activity remained stagnant. Although the economy is still under pressure and a lot of external and internal influences are affecting investment opportunities, buyer interest is on the rise. That is to a large extent due to the value in the market," added Richard Gray, Harcourts South Africa CEO.
The Harcourts Offices on the South Peninsula have consolidated much of their efforts to ensure the highest service options available to present buyers with multiple opportunities. "If you take a look at all the exciting changes and upgrades happening in 2020, the roadways on the corner of Ou Kaapse Weg and Kommetjie Road are nearing completion which will drastically increase area access, the new real estate developments being introduced to the market and all the tourism activities receiving attention, play a major role in attracting local, national and international buyers. By presenting buyers and investors with a wide variety of locations and properties we can better service the market," said Louw
We are constantly asking how we can improve our systems; how we can offer you even higher levels of personal and professional service, and how we can train and equip our people to get you the best possible results.
Statement by
Richard Gray
CEO Harcourts South Africa