Renting property in Cape Town
Most expats choose to rent a property in Cape Town until they develop a greater understanding of the city and its property market.
Renting is a simple process. All that is generally required is one or two months’ deposit, proof of income and, in some cases, a reference or a letter of introduction from one’s employer.
House-hunting in Cape Town can be cut-throat, especially during high season. It's best for prospective tenants to have all their paperwork prepared beforehand and to be ready to pounce on a place if it suits their requirements.
There is wide range of accommodation available to suit every budget and taste, including both furnished and unfurnished accommodation. Townhouses and cluster houses are often located inside a secure development, with access security and electrified perimeters. This type of accommodation is naturally popular with security-conscious expats.
Property agents in Cape Town
Real estate agents are the best source of rental properties. Provide the agent a list of requirements, but only give a broad budget as rentals may be negotiable within a 10 to 20 percent range. Tenants pay no fees for the agent’s services and they will additionally provide and expedite any paperwork required when signing the lease. Tenants are, however, usually liable for utility bills such as electricity and water.
Other sources for finding rental accommodation in Cape Town include the classifieds sections of major newspapers, which tend to publish a specific property section once a week, as well as various online resources.
Short-term rentals in Cape Town
In summer an influx of tourists and students preparing to start university results in inflated prices and many apartments being reserved for short-term rentals. In terms of price, the best time to look for property for short-term rentals is during the low season between May and September.