Cape Town Penthouses
Category Property Investment
A penthouse by definition is an apartment or unit on the highest floor of a residential building usually differentiated by the fact that It has luxury features, finishings and in most cases are also bigger in size than other apartments in the building and consequently more expensive.
The term penthouse therefore carries with it a certain prestige and invokes images of grandeur and exclusivity
Cape Town penthouses are extra special and sought after in that they blessed with amazing views that you will find hard to beat anywhere in the world, whether its the magical and iconic Table Mountain, azure Atlantic Ocean, cityscape, harbour or V&A Waterfront, the views are endless and captivating.
As an investment case, penthouses often make sense for a number reasons, the most crucial being the fact that there are a limited supply in any given building and you have only the sky above you and exclusive views.
Being perched right on top also has the benefit of being able to be more expressive in your design/architecture and layout to encompass bigger areas, higher windows/ceilings and added luxury features such as jacuzzis, private pools, rooftop gardens and expansive terraces.
From a Buy to Let perspective this means you can command higher prices whether it's a long term rental contract or short term holiday/Airbnb rentals.
Being able to market your property with the word penthouse on portals such as Airbnb immediately attract a certain elite clientele that specifically look for these type of unique, spacious and private rooftop apartments and being in Cape Town of course don't forget the drawcard of the fabulous rooftop views.
Kinesis property has some amazing penthouse apartments in Cape Town which you can view here along with video tours :
16 On Bree Penthouse - R17,990,000
16 On Bree Penthouse - R26,200,000
The Onyx Penthouse - R20,000,000
Bantry Bay Penthouse - R21,500,000
Author: Cesar Alexandre
