“Swallows” and local investors flock to Cape Town home overlooking Atlantic Ocean ahead of auction this month
A beautiful coastal property in one of Cape Town’s most sought-after locations is among the properties being offered at BidX1’s upcoming auction of South African property.
The five-bedroom home in Llandudno, which overlooks the Atlantic Ocean, offers top-tier interiors throughout, as well as a swimming pool and 30 solar panels for electricity generation.
Llandudno is one of Cape Town’s most desirable seaside suburbs, popular with so-called “Swallows” – European expats chasing the sun as winter hits the Northern Hemisphere. Located within the greater Hout Bay area, the setting offers stunning scenery, bordered by mountains to the north, east and west, and with the Atlantic Ocean to the south.
Hout Bay is a popular tourist destination. Still a working fishing village, with Table Mountain National Park to the North, it attracts both local and international visitors throughout the summer months.
Bidding on 18 Apostle Road will open at R14 800 000 (approx. €900,000) on 29th June.
The three-level property is currently used for dual living, with two separate living areas and entrances. However, all three levels are connected by an internal spiral staircase, allowing for easy conversion back to a single residence if desired.
MC du Toit, CEO of Sales at BidX1 South Africa, commented:
“This is an exciting opportunity to acquire a beautiful family home with top-tier finishes, in a stunning location, and with a host of additional features, including a solar panel system directly linked to the grid.
“The property also includes garaging for three cars, three storerooms, swimming pool, staff quarters, fireplace piazza, a sophisticated security system and 2 x 1500 litre water tanks.”
Interested parties can register for BidX1’s transparent online bidding process from 14th June. Further details about the property can be found here.
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