Benefits of sectional title living in Cape Town's prime locations
Category Property Advice
Sectional housing has become increasingly popular in Cape Town due to the city's rising middle class and the sense of safety and affordability it provides. Not just around city centres but also across the Atlantic Seaboard and desirable places in the Southern Suburbs, you'll find plenty of options.
The rising popularity of sectional homes has created interest in the local property market. A closer look at the benefits of this popular housing option shows exceptional amenities, better security measures, and a dynamic community culture that enhances the lives of residents.
What is sectional title living?
'Sectional title' refers to the separate ownership of units within a complex or development. You purchase a section or sections in a sectional title complex and an undivided share of the common property, known as a unit. Sectional title units can include:
- Mini subtype house to a semi-detached house
- A townhouse
- A flat or apartment
Benefits in terms of ownership
The monthly levy is paid by sectional title owners instead of having to take care of their own house maintenance as they would with a freehold property. Typically, this fee pays for building services like security and utilities, as well as maintenance of the area.
Compared to freehold, the property taxes on sectional titles are often lower. Because of the development's many homeowners, its taxes are evenly distributed. A sectional title complex spreads the burden of property taxes among more owners, so if there are 50 units in the development, each owner will pay a fraction of what they would pay on a freehold property.
Amenities available for residents
The residents of a sectional title scheme usually have access to several amenities and facilities. Sectional title properties typically have these amenities:
- Increased safety and security
Ownership of a sectional title property in Cape Town provides residents with more protection and security. Like the secure residential areas of Claremont Upper, the apartment complex offers residents a sense of safety via modern monitoring technology, a 24-hour security staff and electronic access control systems.
The presence of security facilities at gates and the tall walls that enclose these properties contribute to this perception. Because tenants prefer security, secure sectional title apartments appeal to investors, and these properties are in great demand. This precaution makes an area more desirable and safe for its residents.
- More leisure facilities to enjoy
Sectional title developments with shared sports and leisure amenities are popular in Newlands and Claremont in Cape Town. Residents get access to the swimming pools and gyms in their complexes. Homeowners' lifestyles are improved by easy access to recreational activities, which promotes a healthy and active lifestyle without requiring them to travel.
- Relief from maintenance responsibilities
Sectional title ownership relieves owners of maintaining communal areas like gardens and shared facilities as an appointed entity manages them. This arrangement grants residents more leisure time to enjoy without the burden of upkeep commonly associated with freehold properties.
- Better social environment
Because of the increased likelihood of neighbourly interactions in sectional title communities, residents there tend to feel more connected to one another. It means a lively environment, residents can meet new people, host gatherings, and feel like they belong.
Sectional title properties in Cape Town have many perks. If you are considering buying a sectional title property, these factors can offer valuable insight into this great lifestyle. Start your search for exceptional Cape Town apartments by browsing Upton properties for sale. Get in touch with our property practitioners for more information.
Author: Upton