The security of estate living
Category Property news
There is a growing trend of South Africans making the shift towards living in secure, gated communities. We look at the some of the benefits of secure estate living and why it could very well be the smartest move you make.
“Security estate living has become increasingly popular as it offers not only convenience but also luxury living at an attractive price. We are seeing more and more buyers looking toward exploring this avenue”, says Mike Greeff CEO of Greeff Christie’s International Real Estate.
“There is also an increasing move towards wanting to belong to a community. With the hectic rat race of work always encroaching on family life it makes many potential buyers yearn for the days of knowing all your neighbours by name along with the convenience of lock-up and go”, Greeff continued.
For the discerning investor, the idea of an investment property within a security estate should be seen as a relatively sound investment. There is a general consensus in the real estate industry that prospective buyers looking to own a house within a walled community, can expect to pay up 30% more for homes, as opposed to its free-standing counterparts and that they usually make for better rental income generators.
Another plus would be hassle-free property ownership is the existence of the estate body corporate. The body corporate usually handles maintenance with regards to roads, gardens and overall area landscaping. They also provide a style guide that keeps your property in tune with the look and feel of the estate. Maintenance inside your property boundaries can also be taken care of with minimal fuss as body corporates usually have a list of preferred suppliers that work comprehensively with the style guides as well as level of workmanship that is expected.
In the age of convenience, security estates are increasingly going out their way to provide as many amenities as possible to residents. Security estates offer tennis courts, communal swimming pools, park areas, laundromats and even walking trails. All of this is regularly maintained by the body corporate so you never have to worry about the pool being green or the park turning into a health hazard for the kids. More South Africans are happy to pay for the increased convenience and safety that security estate has to offer. Adding to the sense of community is the inevitable creation of online communities via Facebook and Whatsapp where like-minded individuals share issues that concern the collective.
Security estates like Chapman’s Bay Estate in Noordhoek marketed exclusively by Greeff Christie’s International Real Estate, comes standard with security features such as 24-hour estate security, including boundary fences, guards and manned booms. Gated communities have the benefit of access control, security patrols and properly maintained walls and fences. There is also the added security of knowing that no one will enter the estate without the knowledge of a security guard at a manned entrance.
As a courtesy and part of protocol, you as the homeowner will be informed and asked to clear the guest before he/she proceeds. It is worth noting that there is a marked reduction in the rate of crime in security complexes which could mean that the security estates are the safest haven to invest in.
As a courtesy and part of protocol, you as the homeowner will be informed and asked to clear the guest before he/she proceeds. It is worth noting that there is a marked reduction in the rate of crime in security complexes which could mean that the security estates are the safest haven to invest in.
Author: Greeff
