Despite being a mere 20 minutes from Cape Town’s CBD and populated with world-class amenities and stunning residential properties, Constantiaberg is still very much an equestrian area where residents enjoy easy access to riding centres, pony clubs, livery stables and scenic riding trails.
“City living has lost its appeal in recent years and people have become increasingly willing to trade convenience for lifestyle however, this is not a price one has to pay in Constantiaberg,” say Rouvaun McKirby and Joanna Thomas, Area Specialists for Lew Geffen Sotheby’s International Realty.
“And horse owners generally want to live close enough to their horses to be able to ride regularly and with minimum fuss.
“However, due to ongoing urbanisation and densification, they are often faced with lengthy commutes in increasingly congested traffic to reach rural stabling areas as well as the high cost of these stabling facilities.
“Constantiaberg is one of the very few remaining areas in South Africa where residents enjoy the convenience of city living, including proximity to excellent schools, along with the tranquillity of a country lifestyle where they can own their own equestrian property or enjoy easy access to riding and stabling centres.
Equestrian properties in Constantia tend to be priced from R15 million upwards and currently on the market is a two-acre country estate with full equestrian facilities in the heart of Upper Constantia.
An architectural Cape Dutch masterpiece with eight bedrooms, it offers the very best outdoor lifestyle with an expansive outdoor entertainment area with a pool and manicured lawns and equestrian facilities include: stabling for six horses, three external stables, a tack room and feed room, a show jumping arena and direct access to the adjacent greenbelt.
An exceptional home with indescribable character hidden from view in Constantia for R59m
On the market for R59m, this home offers an inimitable lifestyle in one of the country’s most beautiful areas with additional features that include: a borehole, a well point with full filtration system, a generator which runs entire property, 25 security cameras, electric fence, guard house and parking for 15+ cars.
Click here to view
Equestrian enthusiasts are also treated to numerous events throughout the year, with the next one on the calendar being the Cape Hunt, Alphen Constantia Heritage Ride to be held on 7 May 2023 and hosted by the Alphen Hotel.
“Last year, around 60 riders took part and 150 guests attended the sumptuous luncheon and, as proud sponsors of this year’s event, we’re looking forward to an even bigger attendance with more participants and guests from outside the Constantia Valley,” say Thomas and McKirby.
One of the reasons the partners expect a better turnout is due to the growing number of international residents in the area.
“For many years now, our local and international buyer split in Constantia has hovered around 80/20, regardless of the economic or political climate, however, there has been a notable shift during the past year, with 40% of our most recent 25 sales being to foreign buyers.
According to Thomas and McKirby, the majority of their recent sales were to buyers from Austria, the United Kingdom, Germany, Switzerland, Netherlands and the USA.
“Previously, many of our purchasers from these countries were swallows looking to escape the European winter and enjoy our laid-back summer lifestyle, but it seems that now most want to make SA their permanent base and work from here.
Cape Town property market sees sharp rises in certain segments
According to Ryan Greeff, CEO of Quay 1 International Realty, Cape Town's luxury property market has been on the rise in recent years, outpacing other cities in South Africa. A recent report by Business Tech highlights the top ten richest neighbourhoods in the country, and all of them are located in Cape Town.
He says, that the report shows that Clifton is currently the most expensive neighbourhood in South Africa with an average house price of R23 million. Some other Cape Town suburbs that made it to the top 10 list include Bishopscourt, Bantry Bay, and Constantia. Suburbs within the City Bowl, Western Seaboard and Northern Suburbs also featured.
Bali styled home in Camps Bay for R24.990 million
The property has a Balinese architectural influence that creates harmony with the surrounding environment and uses natural and warm materials. A large ornate gate welcomes you into a large covered walkway leading to the double door entrance. The top/entrance floor is made up of 4 well sized en-suite bedrooms, all of which have fantastic views of either the mountain or of the ocean.
Click here to view.
"The rise of Cape Town's luxury property market is largely due to semigration, a phenomenon where people relocate from one part of the country to another in search of better job opportunities and living standards. This has led to a shortage of housing, particularly in the high end property market, driving up property prices.
"Cape Town's natural beauty, excellent weather, and thriving cultural scene make it an attractive destination for luxury property investment, both for local and foreign investors. The city's unique combination of stunning beaches, picturesque mountains, and vineyards creates a desirable lifestyle that many affluent buyers seek," he says.
Ryan Greeff goes on to say that Cape Town's high end property market is thriving, putting it up there with the best in South Africa. The rising demand for luxury properties is being driven by semigration, as more people flock to the city for a better quality of life. With its top-rated luxury neighbourhoods and desirable lifestyle, Cape Town is likely to remain a top destination for luxury property investment in the years to come.
Want all the latest property news and curated hot property listings sent directly to your inbox? Register for Property24’s Hot Properties, Lifestyle and Weekly Property Trends newsletters or follow us on Twitter, Instagram or Facebook.
Print
