Find out from local property experts why Constantia in the Western Cape is a highly sought-after area.
What attracts buyers to the area?
Constantia has traditionally been a highly sought-after area and is particularly appealing due to the natural beauty of the valley, world-class restaurants and wine farms, sports complex and shopping centre as well as its close proximately to the city, good private and government schools and, of course, beaches. Buyers are attracted to the area for its abundance of space and picturesque surroundings. Coupled with this, Constantia offers fantastic value for money when compared to surrounding areas. The large erf sizes and spacious homes are ideal for family living or for those who simply enjoy their privacy and quiet.
What can buyers expect to pay for property?
Price ranges in Constantia are highly dependent on position, as there are many differing pockets within the suburb. Looking in real terms, a buyer is looking at an entry level of about R6m in the Constantia Upper area. This property is most likely to be about 30 years old and in need of a renovation. With excellent design and finishing, a property can easily have valued added, and there is low risk of overcapitalisation. Constantia Upper is a fantastic area to invest and live in, as it offers a unique lifestyle, green spaces and excellent security, and holds value even in uncertain times.
What types of properties are available?
Constantia comprises a number of areas with a wide range of properties. It is particularly favoured for its excellent selection of family homes, most with gardens, lots of trees and often with a swimming pool. In the Upper Constantia area, you find top-end mansions, generally on large plots priced in the upper millions. There are no apartments and the only sectional title properties are in Rushmere, a security village where a small unit starts at R3m. The average plot is around 700m2, but there are also guesthouses and enormous family homes on land of 2,000m2 or more and a few equestrian homes on plots of around 4,000m2.
This article originally appeared in Neighbourhood, Sunday Times.
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