Featured
On Show
MORE BANG FOR BUCKS OUT OF CITY
Category Property News
MORE BANG FOR BUCKS OUT OF CITY IN ADDITION to the benefit of location, buyers looking to buy homes away from the city can get "more bang for their buck" depending on where they are going, says Yael Geffen of Lew Geffen Sotheby's International Realty. Jeremy Barnes from Greeff Christie's International Real Estate says in strong growth areas, such as Simon's Town, Scarborough, Kommetjie and Noordhoek, there is "excellent value" to be had when comparing these areas to the hubs that enjoy quality education facilities on their doorstep. "By way of example, there are in excess of 25 properties on the market between R1.8 million and R3m that would accommodate family units. However, as one moves within the area to properties in positions with sea views and beachfront exposure, prices do increase." The only pitfall for these property owners says Geffen, is they need to travel quite far if they want more than basic shopping. A GOOD BUY Homes further away from th city generally offer better value.
Author: Lew Geffen Sotheby's International Realty