| Private Estates or gated Estates offer homeowners better security and the ability to maintain a higher level of service delivery than that offered by the city. This results in Private Estates having better quality roads, infrastructure and manicured gardens and other community facilities. Private Estates in Hout Bay also offer the investor a sound return on investment due to the community involvement in maintaining the private areas of the estate. Foreign purchasers or purchasers that travel frequently also benefit greatly when investing in Private Estates as they are able to leave their properties knowing that an association is taking care of the estate in their absence. Private Estates are run in accordance with the Homeowners Association Constitution established for that particular estate. These Constitutions vary a great deal and it is wise to peruse the constitution before making an offer to purchase on a property in a Private Estate. |
