Alphen Glen, a new luxury five-storey apartment development is under construction in the heart of Cape Town’s sought-after Southern Suburbs, occupying one of the most desirable locations.

Stephan Cross, Seeff’s manager for the development says construction is already in its seventh month which makes it an excellent investment opportunity in a high-demand area. Alphen Glen is well-priced, and we expect it to sell fast which means buyers and investors should act fast.

Aside from own-use, the apartments offer excellent investment opportunities. New apartments in such a prime location are always in demand for rentals, hence, he says, there is an opportunity to acquire a unit for rental investment purposes. They could also be used as a corporate investment for visiting executives or staff or a second home in Cape Town. They offer great modernity to work-from-home as well.

Property values in the area have consistently grown during the economic growth phases and have held firmly. Cross says further that the property market across the Cape Peninsula has been particularly buoyant this year with sales likely to end on the highest level in three years which encourages luxury development and construction.

Alphen Glen is one of the most exciting new additions in the area. It borders the suburb of Constantia where an affluent village feel, sense of community, outdoor lifestyle and fantastic schools in close proximity are just some of the reasons for making it your home.

It is tailored to offering modern living both in terms of the accommodation, security and access to amenities. The development drew architectural inspiration from the classic homesteads of Constantia and row-houses of neighbouring Chelsea Village and surrounds.

The result is that while the mass of the building undulates, the façade alternates with an appearance of a series of buildings, each adding a uniqueness to the overall structure.

Balconies with fabulous mountain views, generous windows, and special details in railings and lighting acknowledge both the big and small details when it comes to the design, thus offering a unique apartment block in the suburbs.

Cross says the appeal of Alphen Glen includes a mix of lifestyles. There are 32 apartments in all, offering a configuration of one or two bedrooms, but also four expansive family units with three bedrooms and two grand penthouses with expansive terraces.

Alphen Glen offers a wind-sheltered position, top class 24-hour security and access control and secure parking. There is a luxurious foyer and concierge service along with a landscaped atrium with seating and Wi-Fi.

The apartments offer the latest architectural interiors with ultra-modern finishes, incorporating the latest kitchen and bathroom trends. To add to the modernity of the development it is pet-friendly and equipped with high-speed fibre connectivity, ideal to work from home.

Prices range from R1’595 million for one bedroom, R2,325 million for two bedrooms and from R4,395 million for the three-bedroomed family units. The penthouses are priced at R4,995m and R5,2m respectively.

The Alphen Glen offers proximity to coffee shops, eateries and a butchery. You are also within walking distance of the Alphen and Cecilia Trails and have access to some of the best schools, shopping facilities, services, wine estates and other attractions in the country. You also have easy access to the beaches and Table Mountain along with the other attractions of the Cape.

It is also just 11-minutes from the University of Cape Town, making it the perfect place to live for families, students and young professionals. Alphen Glen offers a fabulously convenient lifestyle including for those who work from home.

Cross says further that investing in a new development offers significant benefits to buyers and investors. Buyers are able to finance their purchase by way of a mortgage loan with repayments only due to commence once the unit is registered in your name, as well as savings on Transfer Duty are enjoyed by all first buyers of the development units.

The units are brand new and modern with the latest finishes which means there is nothing to be done, you can just move in and enjoy your life. You are also investing in a fixed price which means that by the time you take occupation, the unit would already have started accumulating in value.