Baviaanskloof - Hout Bay.
Asking price : 7 million ZAR.
Our Spanish clients relocating to Cape Town were initially looking for a large 5 bedroom home to rent. After sending them some options they quickly realised that it would make more sense buying a home than spending R40,000 on rent.
With children going to the Hout Bay International (IB) School, the Hout Bay valley was the firm target area. This led to a significant challenge to the team here at Space, as there was very little property available in Hout Bay (2016) to buy at any budget level, due to the relatively great value of the valley compared to anywhere else along the Atlantic Seaboard. Locals are quickly realising this is an excellent place to live for lifestyle, community, amenities and for good value property.
We sourced eight properties for our clients to view, by the time we started the viewings, four of these had sold, so we quickly sourced another two that were not officially on the market.
After a day of viewings our clients fell in love with a four bedroom family home in the Baviaasnskloof area of Hout Bay. A hidden gem of an area offering 360 degree mountain views and walking distance to the beach and shopping facilities. The house was completely renovated 5 years ago and offers a lot of accommodation and very high standard finishes.
Space have helped them with the legal process and was also able to recommend a mortgage broker to assist them with financing.
Clients are delighted with their new home and will move in February 2017.