Finding the best Upper Constantia Property for sale as the market moves into gear

May 9, 2011 - PRLog -- Sales times are also improving for the higher valued properties for sale in Constantia Upper and those in Lower Constantia (typically R5m - R10m) are now literally starting to 'fly off the shelves' just like to boom times in 2005/2006.

It is a natural process that the top end of the Constantia property market would inevitably start to motor forward as stock at the lower end became in short supply.

Recent sales have included a number of deals in the range R20m - R45m including Constantia's prestigious Silverhurst Estate; The Avenues & the little known but very secure Price Drive in Upper Constantia.

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Certainly Constantia has for a long time been seen as one of the most exclusive areas in Cape Town with many larger properties surrounded by large gardens, horse paddocks and vineyards. It was only a matter of time before the market picked up again - this area being truly one of South Africa's most sought after property locations.

The Constantia valley boasts rural and park like landscapes backed by majestic mountain ranges and is home to some of the most valuable property in the Western Cape and South Africa. Constantia also offers some of Cape Towns finest wine Farms such as Groot Constantia, Constantia Uitsig, Klein Constantia and Buitenverwagting.  
Romanovsky also took issue with those who have said Constantia property values have been on a downward path for 18 months or more.

It is worth noting that Finweek calculated that Constantia properties escalated in value on average by 11% in 2008-2010 (the acknowledged slump period) and by 70% from 2005 to 2010.”

Constantia’s appeal remains a truly world class one - vineyards, wineries, mountains, equestrian trails and hiking paths, its green belts and its strict design and building regulations have made it internationally renowned – and the good news is that the local council is still spending money in the right direction: alien plants are taken out, the green belts, forests and walks are kept in a good condition and given footbridges and new paths, and exploitative developers are kept at bay. This, coupled to the lack of land for new projects, will ensure that this gem of a precinct, the “jewel in the Cape Peninsula crown” (to quote one of its more hackneyed descriptions) will remain sought after and appealing to the discerning.”

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