How Does One Define A “Prime Location?
A prime location is quite simply a position that is first in excellence, quality and value. Every astute property buyer is aware that the key to a great property investment is location, location, location. There are the obvious prime locations – Cape Town’s Atlantic Seaboard springs to mind. It offers unsurpassed views of both mountain and sea, access to a number of leading beaches and top area-specific schools, but is close enough to the central business district to make commuting to work a pleasure rather than a daily trial. Fortunately the definition of prime location differs from person to person otherwise we would all be living in one cramped neighbourhood fighting over the limited resources. What may seem critical to one buyer, proximity to friends and family for instance, may not even be another’s consideration, so at the end of the day your version of a prime location may be very different to mine. There are several elements that help define your prime location and these are o
