If you're looking to invest in a residential property with great potential for a good return, you should definitely consider looking at properties in secure estates.
More and more buyers are seeing the potential benefits of secure estate properties, both from a lifestyle and investment perspective. And with such property developments being on the rise, you as a buyer can discover a new, more secure, and more convenient way of living.
Keep scrolling for some of the top perks of choosing a property investment in a secure estate.
For obvious reasons, a safe and secure estate is one of the key reasons why people clamour to buy within such communities. The reduced risk of burglary, vandalism, and other security concerns helps provide a safer environment and peace of mind for residents, with the most common security measures being:
Depending on the security estate, residents can often enjoy additional amenities that can enhance quality of life and provide recreational opportunities with neighbours or guests.
Such amenities can include:
When you buy property in a secure estate, you as a resident get to enjoy weekly, monthly, and annual management and maintenance of the grounds and external features of the buildings. Many security estates have homeowners' associations (HOAs) or management companies that maintain common areas, landscaping, and general infrastructure. This helps ensure that the estate looks well-maintained and aesthetically pleasing.
With South Africa's high crime rate, buyers are looking for residential areas with low recorded crime rates. A secure estate will have additional security measures to deter potential criminals. In secure estates, there's typically a lower incidence of crime compared to less secure neighborhoods.
Living in a secure estate has been known to offer residents a sense of community, and improved overall wellbeing and quality of life. Neighbours are more likely to know each other, with community events and gatherings leading to a stronger sense of belonging. Controlled access also means reduced thoroughfare, lower noise levels, and less overall stress knowing that you, your family, your property, and your belongings are secure.
As a first-time buyer, this will likely be at the top of your list when it comes to the benefits of buying in a secure estate. Homes in secure estates often have better property values compared to similar homes in less secure areas. The perceived safety, maintenance, and amenities are all big draw cards for potential buyers and investors. What's more, if the estate is in a desirable, high-demand location, buying property there can be a good long-term investment.
We have lots of listings available right now in local secure estates that we would love to show you. Get in touch today to arrange an introductory meeting with one of our top agents who will set up some initial viewings, advise you on your next steps, and find you your dream property.