Cape Town CBD holiday rental property caters to leisure travellers as well as corporate travellers. The area’s centrality, convenience and proximity to world-class attractions and facilities make it one of the most in-demand destinations. For leisure travellers, the area is in easy reach of many tourist landmarks. For corporate travellers, it is close to the International Convention Centre (CTICC) as well as many global and national company headquarters.
What makes this area so popular, and why should you consider Cape Town CBD holiday rental property for your investment? Let’s take a look…
The Rise of Cape Town CBD Holiday Rental Property
Historically, the Cape Town City Centre has not always been considered a sought-after area for visitors. Despite its central location, the inner city was largely comprised of commercial real estate. In the last decade or so, an influx of residential properties and a greater demand for mixed use spaces coincided with the rise of the Cape Town Central City Improvement District (CCID). Visible policing, improved security, enhanced facilities and extensive investment in the inner city has resulted in a safe, vibrant neighbourhood. Sidewalk cafes, quirky markets, high-end apartment complexes, modern aparthotels and renovated historical buildings make the city a cosmopolitan area that attracts a large number of visitors each year.
Some of the biggest advantages of Cape Town CBD holiday rental property investment include the following:
- Central and convenient location. The CBD and City Bowl make up a number of smaller neighbourhoods that include Vredehoek, Gardens, Tamboerskloof, Bo Kaap and the City Centre. Across this broader area lie many of the city’s most famous landmarks. The Castle of Good Hope, South African National Museum and VOC Company’s Gardens, South African National Gallery, Greenmarket Square, Table Mountain Cableway, Lion’s Head, Signal Hill and Long Street are all within close reach. Just a few minutes away is the V&A Waterfront while the beaches of Camps Bay and Clifton are also nearby. Business facilities such as the Cape Town Convention Centre are also found here, along with many corporate headquarters.
- Lock up and go accommodation. For many travellers, lock up and go accommodation enables a fuss-free option that makes exploring easier and quicker. Apartments make up the majority of accommodation when it comes to Cape Town CBD holiday rental property. Compact studios, secure one or two bedroom apartments and aparthotels that offer fully managed accommodation offer the chance to enjoy all the luxury of hotel living, with all the flexibility of self-catering. Front desk concierge, security, lift access and other facilities ensure that guests feel safe and secure at all times.
- Contemporary urban lifestyle. Another major drawcard is the lure of modern urban living. The majority of city apartments are designed to provide an ultra luxurious experience. A number of Totalstay apartments provide exclusive features such as private rooftop pools and decks, while others feature underfloor heating, green building technology, private balconies and top of the range amenities. Visitors can enjoy on-site restaurants or coffee shops at many apartments, or take a stroll to one of the many excellent dining establishments found in the area. A number of our apartment buildings house fitness centres as well, with complimentary guest access provided for visitors during their stays.
One of the most effective ways to optimise your Cape Town CBD property rental success is to consider working with an experienced short term property rental manager that has ample experience in this property area. At Totalstay, we have everything you need to help you get ahead. For more information on working with Totalstay, contact us today to arrange an evaluation of your Cape Town CBD property rental.