Elora: Hout Bay’s Next Luxury Investment Landmark

• Cape Town’s R6bn luxury boom meets limited coastal supply.
• Boutique apartments from R2.595m, VAT incl.
• Prime ROI and Airbnb-ready returns through Revo Property.

Hout Bay’s R6 Billion Renaissance

Cape Town’s luxury market is rewriting the investment playbook. Prices are up 8.5% year-on-year, outperforming national averages as semigration, foreign inflows, and world-class infrastructure drive renewed confidence.

Within this surge, Hout Bay is emerging as the Western Cape’s next high-value enclave, a market defined by exclusivity, lifestyle, and long-term capital appreciation.

Amid plans for a revamped harbour precinct and R50 million tidal pool project, investors are taking notice. Now, Elora, a new coastal development, stands at the centre of this transformation.

Investment Snapshot

• Developer: Revo Property
• Development: Elora
• Location: 43 Victoria Avenue, Hout Bay, Cape Town
• Type: Boutique luxury residential development – 19 designer apartments (studios, one-, and two-bedroom units)
• Amenities: Secure parking, ocean-view balconies, designer interiors, modern kitchens, and high-speed fibre.
• Pricing: From R2.595 million (VAT incl., no transfer duties) up to R5.125 million for two-bedroom sea-view units.
• ROI: Capital growth potential 8 - 10% p.a.; short-term rental yields above 10% achievable.
• Marketers: Revo Property
• Contact: www.elorahoutbay.co.za | info@revoproperty.co.za

Inside the Short-Term Rental Market

‍According to AirROI 2025, Hout Bay Airbnb hosts earn an average of $20,308 p/m at 44% occupancy, with premium listings exceeding 81%. Strong visitor demand, proximity to beaches, and year-round tourism make Elora a powerful dual-use investment — live in or let for consistent returns.

Why Elora Is a Smart Investment

• Location advantage: 5-minute walk to Hout Bay Beach, cafés, and shops.
• Scarcity value: Only 19 residences in a market with surging demand.
• Capital appreciation: Area growth averaging 6.7 - 9.5% annually.
• Sustainable infrastructure: City commits R6 billion to water and road upgrades.
• Turnkey appeal: No transfer duty, VAT included, and fully financeable.

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“Elora captures the rhythm of Hout Bay’s coast, the balance between village calm and coastal energy,” says Emanuel Germanis, CEO of Revo Property. “It’s a rare opportunity to own within Cape Town’s most dynamic emerging luxury enclave.”

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Elora isn’t just another coastal development, it’s an entry into Cape Town’s next growth corridor. With limited stock, strong fundamentals, and a thriving rental economy, this is a blue-chip investment designed for investors who see where the Cape market is heading next.

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