Cape Town homes under R500 000

<p> Cape Town is one of the most sought after cities to live and work in, in South Africa. Unfortunately, living here is often thought to be unaffordable<em>. </em>The construction of new and affordable residential developments in the greater Cape Town area has changed this and has made owning your home possible.</p> <p> Why pay R5000 a month to rent from a landlord when you can spend the same amount in monthly bond repayments for a new cosy family home or apartment of your own? These property developments have homes suitable for investment opportunities, family living or single occupancy and are likely to increase in value over time.&nbsp;</p>