🏖️ 𝗖𝗮𝗽𝗲 𝗧𝗼𝘄𝗻 : 𝗔 𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝗣𝗮𝗿𝗮𝗱𝗶𝘀𝗲! Tourism levels in Cape Town have reached an all-time high in 2024, with the city recording the highest visitor numbers ever. #Airbnb demand is growing exponentially in #SouthAfrica, as hotel supply is limited to only 70,000 hotel rooms nationally, compared to Australia’s 300,000 as published in a recent article in Asset Magazine 👉 https://lnkd.in/dZ6R9gQi Short-term letting apartments are in incredibly high demand as Airbnb-friendly apartments are becoming more difficult to find. The Body Corporate must firstly allow it, they should be modern, offer a good location, have good security, backup power, ideally a swimming pool, and have concierge services. 🏙️𝗧𝗘𝗡𝗢𝗡𝗩 by Blok in #CapeTown ticks all of these boxes and have just extended their #specialoffer to an additional 5 buyers only for a free Airbnb-ready furniture package worth 𝗥𝟭𝟮𝟬,𝟬𝟬𝟬 🛌 Studios from 🇿🇦R1,750,000 (🇬🇧£75,383) Click here to enquire👉 https://lnkd.in/du9k5KHu
With Barcelona announcing a total ban on short-term rentals from the end of 2028, how will decisions to curb Airbnb and others in the world's major cities change how we travel? Interesting to see how COCT will act.
This is exactly why developments like TENONV by Blok are so attractive for investors! With tourism booming and limited hotel supply, these modern, well-located apartments with amenities like pools and concierge services are perfect for short-term rentals. The additional incentive of a free Airbnb-ready furniture package makes TENONV an even more compelling investment. Investors can capitalize on the high demand for Airbnb rentals without the hassle of furnishing the apartment themselves. Great post Brett Boyd! This highlights a fantastic opportunity for investors looking to tap into Cape Town's thriving tourism market.
Cape Town is the best place to be, the beauty and color is just amazing. Investment wise hence is a no brainer
Wow this is lovely
Award Winning Candidate Property Professional at CENTURY 21®Registered with the PPRA
4moInsightful