Find out what it's like to live in Llandudno, Located in a spectacular setting along Cape Town’s Atlantic Seaboard.
What can buyers expect to pay for property?
When you buy a house in Llandudno you are getting a magnificent sea view, 24-hour security service and a forever holiday-style life. The median price of Llandudno properties in 2015 was about R12,75m and in 2016 it increased to R14,5m. The chances of finding a property priced lower than R10m is not very likely. The highest priced property that has been sold in Llandudno was over R45m. There are still a few plots available to build your own dream homes, which Harcourts Atlantic are marketing for R11,5m. The plots are 1,200m2 in size and located right at the top of Llandudno.
What do you love most about this area?
The gorgeous Atlantic Seaboard suburb of Llandudno remains Cape Town’s best-kept secret with its exclusive enclave of 300 sought-after, sea-facing properties. With only one entrance and two world-class beaches, the total lack of commercial and sectional title activity has preserved the peace and tranquillity of this stunning little bay. While the face of the “old Llandudno”, with its wooden beach cottages, has changed over the years to be replaced with the many modern and extremely stylish homes, the community remains committed to retaining a safe and peaceful place for all, and is an exceptional place to call home.
Margie Mackenzie, Director, Cape Waterfront Estates
Who is buying property in the area?
Buying in Llandudno is no small feat, with entry level for an older home on a sea view site sitting at R11,5m and vacant land at an entry price of R9,8m. Of the eight sales in Llandudno this year to date, two were to overseas buyers, one to a family from Johannesburg and the remaining five sales were to local Cape Town-based families. The main age group buying in Llandudno are families in their 40s and 50s who are attracted to the lifestyle and exclusivity of Llandudno with its security, very sought-after primary school and, of course, its phenomenal beach.
Grant Atteridge, Director, Atteridge Real Estate
This article originally appeared in Neighbourhood, Sunday Times.
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