Facilities for houses raise the price of any property exponential
Of all the factors influencing the values of upper bracket residential property probably none is more powerful than horses.

“In my view,” said Mike Greeff, Chief Executive of Greeff Properties recently, “horses are greedy, expensive luxuries, dangerous at both ends and uncomfortable in the middle, but the plain truth is that whenever a property has paddocks, stabling and access to riding trails it becomes eminently desirable and sought after - so much so that in our business we have never had enough equestrian homes to meet the demand.”

These remarks were prompted by Greeff’s Upper Constantia team being appointed to sell a five bedroom home on 9,014 m2. The home is complemented by four stables, paddocks and other external extras such as a swimming pool, a pristine indigenous garden watered by its own borehole, a separate cottage, a sunken braai area and staff quarters.

The home, which has equestrian trails leading through the centre of Constantia and into Cecilia Forest and onto the slopes of Table Mountain’s back spine, also has such extras as a wine cellar, a gymnasium, a study and a billiards/games room. Particularly attractive, said Greeff, is an open plan white painted country kitchen that has granite worktops and wood strip floors.

“This is one of the many homes in Upper Constantia which I predict will experience big price rises from the end of this year when interest rates begin to drop and overseas visitors, encouraged by the favourable exchange rates, flock into Constantia for their summer holiday and awaken once again to the great value that Constantia offers property buyers.”

Articlre from: www.greeffestates.co.za