As the property market slows down due to an array of macroeconomic factors influencing the man on the street, Harcourts Pegasus, rental specialists in the Cape Peninsula, has identified several exciting opportunities for the investor.
Understanding that property is a long-term investment and as history dictates, often defies short-term economic fluctuations, identifying areas in which to invest as part of a long-term strategy, can often yield high returns.
We’ve experienced the relationship between the economy and the property market over decades and can conclusively say that buy-to-let investment options in areas along the Cape Peninsula have on average continued to show investors an increased ROI.
Investors who are unable to sell their homes in this market, we advise to let out the property and an earn an income in the meantime. As the rental specialists in this area we have a database of screened tenants that are very interested in property in this region. Together with our stellar reputation and exceptional service our insight into the local market is what makes our service so formidable.
The Cape Peninsula, are home to some of the world’s most beautiful beaches, nascent communities, tourist hot spots and beautifully designed homes, and this suggests why tenants continue to show interest in rentals properties here.
As the semigration of families and professionals from inland as well as the demand by locals increases the attractiveness of the Cape Peninsula, investors willing to look beyond short-term economic pressures will undoubtedly reap the long-term benefits.
Harcourts Pegasus has many exciting opportunities for property investors interested in letting. Give us a call now to find out more.
Harcourts Maynard Burgoyne Rentals Manager