IS CAPE TOWN A GOOD PROPERTY INVESTMENT LOCATION ?

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Louis Reynhardt

Joined: Mar 2024
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IS CAPE TOWN A GOOD PROPERTY INVESTMENT LOCATION ?


IS CAPETOWN A GOOD PROPERTY INVESTMENT LOCATION ?

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32 Comments

  1. This is very Accurate. In the long-run it is a great investment. BUT the floor finishes are actually very popular. People would renovate by replacing everything but those old school flooring. Living and working in SA, this is difficult, but working abroad and paying additional payments on your bond, in 2-3 years you have that rental income will become profit. Some of my friends who have only working abroad for 5 years have 2-3 paid properties.

  2. Hi Louis, great content on your channel. For a cash buyer would you get a better ROI on property in Cape Town vs say Gauteng? Taking into account appreciation and rental yield. And which of those two would give purely better rental yield? My focus would be to build monthly income but the property value should keep up with inflation at least.

  3. If you had the opportunity to make R1 000 000 profit from a house you bought 5 years ago, would you sell and invest in SA again? I have Australian permanent residency so have the option to enter the property market there. Need your opinion, please.

  4. Nice, video. I don't if seen on Tiktok the 2 ladies showing of properties in the KZN lower south coast, it may be nice to see you a reaction video to some of those properties or maybe even make a video about the area.

    Personally the price of the properties seems like a good deal until you add up at the price and levies and rates

  5. Please can you please advise about how to monitise a house that I have inhareted that are already tenants in the house and yard.

    I wanna build on to the house to get a higher income from it but I don't have starting capital how can I start? Would the bank finance me against the house.?

  6. Louis look at Somerset West. 25min from airport and 15min from Stellenbosch university. Excellent value here 75% less than Stellenbosch. Beautiful Winelands and mountains here like Helderberg. Great government schools like De Hoop, Beaumont and Paarl Vallei. Excellent private schools also like Somerset College and Somerset House. Great shops and industry here also, so no need to drive to Cape Town. Much closer to Hermanus and for me more prettier coastline than for instance booming northern suburbs like Durbanville.

    Hidden gem of Cape Town, even Anton Rupert stays here rather than Stellies.

    Many foreigners currently buying into this market again especially Germans.

  7. Been waiting for a video like this. Thanks for sharing Louis. I vote for another CT video 😂 – if you had to move and start to build a portfolio there, where and how would you start.

  8. Currently looking around in Cape Town to buy a one bedroom: The difference between the price for which properties were sold and for which they are offered is huge like around 25%. It’s hectic…

  9. Hi Louis, is Constantia Kloof a good place to buy an apartment?
    I recently bought a place and wanted to know your opinion on it?
    ps been watching your video for awhile keep up the good work, I never miss a upload!

  10. Thanks Louis, well reasoned and to the point. We did buy in CT but for our own use. Completely agree that buying a property to rent out here is a bad idea. Agree with everything you said.

  11. Hi bro, one thing i especially like about your videos-you get to the point straight away, no fussy intros.
    Keep it up. Content is really meaty and realistic for beginners like me.

  12. Cape Town is great for old money, which is to say you own the property and dont have a bond to pay then you can make a lot of money, even if its a bit run down.

  13. Im glad you providing this info. I would love to continue investing in CPT but it seems Pretoria/JHB is more viable for cash flow investments