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Wednesday 26 July 2017

Estate living on the increase in Johannesburg

Homes in residential and golf estates remain a popular option in Gauteng with many people appreciating the concern-free community lifestyle that they afford, as well as the high level of recreational facilities on offer.

Rupert Finnemore who heads up Pam Golding Properties in Gauteng says that the province is home to approximately half of South Africa's estates.

"Estate homes do tend to be more expensive than freehold properties, but for various reasons there remains a substantial demand for them within the region and developers have worked to meet this demand, particularly over the last 20 years or so.

"Estate properties not only provide a secure lifestyle, which remains of critical importance but also offer access to amenities and provide a strong sense of community," adds Finnemore.

"In addition, they also give residents greater control over community expenditure and development, and residential property within popular estates represents a solid investment."