Camps Bay - The investor's playground
Category Atlantic Seaboard
Owning property in Camps Bay, South Africa has always been considered as an achievement for many homeowners. Property in this vibrant area is sold in the millions and has proven to be lucrative investments. It is a premier tourist destination and is in demand for those who enjoy both the relaxed seaside life as well as an entertaining lifestyle.
Located on the Atlantic Ocean, the suburb of Camps Bay was established in 1713 in the city of Cape Town. Camps Bay Beach is a must visit for the locals and tourists. A natural rock swimming pool, the fine white sand, and an exceptional view of the Twelve Apostles Mountains make for tons of great picture-perfect moments. Conveniently situated, it is only a 15-minutes drive to the city centre, 20 minutes from the V&A Waterfront, 30 minutes from the airport, 40 minutes from the Cape Winelands and 60 minutes from Cape Point.
There are no shortages of posh restaurants and facilities in Camps Bay. The suburb boasts more than 20 fine-dining restaurants - some of which are internationally acclaimed, top-notch accommodation establishments with spectacular views and local hospitality, as well as a multitude of activities and attractions for the whole family.
Recent trends have shown that many couples from around the world prefer Camps Bay as a fairytale destination for the perfect wedding. This leads to the rising demand for luxury houses available to be rented out for the week or even an entire month. Having a second home or investment property in the area allows for homeowners to make an extra income by renting out their homes to the bridal party or guests. Filming crews have also made Camps Bay a favourite for shooting music videos and movies.
Here are some properties that would make a great investment and have lucrative earning potential:
6 bedroom family villa with ocean and mountain views for sale
This large and spacious villa is an ideal family home which offers two income-generating one bedroom apartments. One apartment is self-contained with a kitchen, bathroom, bedroom and private courtyard. The other apartment is a separate one bedroom that is ideal for Airbnb and can be easily incorporated back into the main house as a fifth bedroom.
The property is set over three floors - with four spacious bedrooms (all en-suite), a lounge with fireplace, a dining room and a large Mediterranean-style kitchen, a family room with a wood burning stove and own balcony with braai area, a low maintenance garden with beautiful trees, a large swimming pool, courtyard, an automated double garage, as well as two separates entrances.
4 bedroom Greg Wright designed home for sale
This luxurious property is situated in the popular Glen area of Camps Bay. It features spectacular views of Lions Head at the front and beautiful 180-degree panoramic views of the Camps Bay coastline from the kitchen, bedrooms and poolside.
The entrance to the three-bedroom house leads through the front garden. The open plan kitchen/dining area with a separate scullery opens up onto the private pool deck featuring spectacular sea views. A staircase leads to the lower level with a TV room and bar area. A private, shaded terrace flows off this area and makes it perfect for entertaining.
The house consists of a double garage with stairs leading to a completely private and separate, large apartment with one bedroom en-suite. This is suitable for income generation or older teenagers. This apartment also has sea views, a balcony and an outside terrace.
Camps Bay is a suburb of grandeur which appeals to both locals and tourists. If you are keen on investing in this area, contact Knight Frank Properties today. Our team of skilled and experienced agents are ready to help you find the best investment opportunity.
Author: Knight Frank