Corporate property rentals Cape Town market is booming along, very little supply combined with huge demand is driving up rental prices and reducing choice.
The average price for a 4 bedroom home to rent in a private estate is 40,000 rand (just under $4,000), 2 bedroom sea view apartment 30,000 rand and we can see these prices rising well above inflation for the foreseeable future.
We are even starting to see people trying to outbid other people for the same property, a situation never seen before.
Recently we have relocated a wide range of clients both corporate and private, French people from Dubai, Brazilians from Angola, Brits from Singapore to mention just a few. The majority of our clients have come to us after they tried to source rental property through the conventional route, calling rental agents, going online but as most property is taken before it is advertised and the majority of rental agents wont bother answering emails they come to us.
The challenge we now have is to source the best rental property for the best price which is what we are doing, through our private network of property owners and landlords.
Take a look at the photos below, views from a house in Hout Bay that we have just sourced for a happy family, private estate, 5 bedrooms, recently renovated with beautiful sea and mountain views.