Prestige and status in the property market has a varying definition. To some the size of a home is prestigious, to some the architecture creates a sense of prestige and to some it is the suburb or town.
Very few places can lay claim to all the attributes all at the same time. South Africa’s Atlantic Seaboard has a few such places on its CV.
In general Cape Town is a highly sought after property market due to the tourist attractions and the laid back atmosphere, white beaches and the blue ocean.
Clifton is one suburb which will steal the breath of many an investor. Firstly this is a more than prestigious suburb. It can be considered the St Tropez or Beverly Hills of South Africa without the jetties and boat launches where yachts are moored.
Clifton is all about the Monaco lifestyle with properties to affirm this fact. The apartments and freehold homes all without fail make full use of the views over the Atlantic and the white Clifton beaches. With an architecture which can be described as earthy contemporary with ample light and space.
Apartments will serve well as the holiday home for the well-heeled and the holiday rental market is something that could be considered with the foreign tourist market always setting a high degree of demand on exclusivity and security of which the homes and apartments exceed all expectations.
Properties that fall in this category of prestige could often become what are known as “old money” for which many suburbs in Cape Town are known for and this may be true for Clifton given the right economic climate.
All the tourist amenities are at arm’s length like the V&A Waterfront, the beaches and Table Mountain a short drive away.
If a family is privileged enough to live in Clifton then there are also a number of reputable schools nearby such as Reddam House, Bishops, Canons Creek Private Primary School and Cape St Blaze Private School.
Take a tour of the homes in Clifton, Cape Town via the Myroof web-site.