Simon’s Town Real Estate News

Simon’s Town properties within 500 m of the beach

April 20, 2007 – 12:46 pm | by Johan

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Are your Simon’s Town property within 500 meters of the beach?

According to a new residential property index by Light House Risk Management these properties are inflating at a different rate than other homes. The stats show that this is a more volatile market.

The index show that these beach home increased in value by nearly 70% during 2004 and 2005 but during December 2007 the increase was only 4%.

Johan Horak

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082 870 2004

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Tags: Beach, Inflation, Simonstown Property

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Tags: Beach, Inflation, Simonstown Property