Interest in Estate Living Rising
Article By Press 02 May 2013: Interest in estate living is rising dramatically in the Western Cape. Young families, retirees and foreign buyers are increasingly looking to invest in the convenience of lock-up-and-go homes in secure, gated communities.
If you are a home buyer looking to invest in a sectional title property in a gated estate, then there are a number of benefits which you will encounter in your new home.
Many home buyers are interested in gated estates because of their feeling of security and community. They want a neighbourhood where their kids can run on the street and play without having to worry about traffic.
Living in a gated community has other perks that a free-standing home in a suburb might not have. For example, when you invest in a gated community you also invest in neighbourhood amenities, such as pools, clubhouses and walking trails. There is also usually a garden service that maintains common areas, ensuring they are always neat, tidy and attractive.
A sense of privacy and exclusivity is important to security estate buyers. Gated communities are ideal as they offer living in a space that is away from the hustle and bustle of the suburbs, yet still located in an area that is easily accessible to good schools, shopping centres and other amenities.
The best of both worlds: For those who want the privacy of a free-standing home without sacrificing the sense of community offered by a sectional title property in a complex, estate living offers the best of both worlds.
One of the by-product benefits of living in a gated community is a sense of community and networking opportunities in business where one tends to integrate more in this environment as opposed to a free-standing property, which could lead to unexpected benefits, such as business or social opportunities.
Many people often make the mistake of thinking that you have to be super wealthy to afford a home in a gated community. However, this is not the case as properties can vary in price and size. Sectional titles in Stonehurst Mountain Estate, Tokai can range from anything between R3 950 000, which can get you a three-bedroomed home, to R15 450 000 for a five-bedroomed family home.
For R1 250 000 you can get a three-bedroomed home in Kleinbron Estate and R4 950 000 can get you a four-bedroomed and three-bathroom home on Klein Zewenwacht Wine and Equestrian Estate, both in the northern suburbs.