Luxury Apartments in Hyde Park
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Luxury apartments in Hyde Park
Throughout the world, especially the wide, wondrous world of property, it’s well known and universally recognised that residential property in London is exceptionally pricey. Because London is one of the leading cities in the Western World, it is extremely densely populated. Here, the demand for residential property far exceeds the supply thereof.
London’s luxury apartments
Consequently, most homes in London’s best areas consist of very expensive, luxury apartments. Such luxury areas, featuring luxury apartments, include Hyde Park – home of the famous Speakers Corner, where any person could have their say, slightly elevated by standing on a soapbox.
Even as a British citizen, one has to be truly, spectacularly wealthy to afford a luxury flat in London. As a South African property investor in a world capital like London, owning a luxury apartment in England’s Hyde Park is particularly pricey, because currency exchange rates don’t favour the rand at the moment (June 2019).
Adjacent to Sandton
Nonetheless, there’s an alternative for South African buyers who wisely believe in location, location, location, as well as the investment value and personal satisfaction of having a prestigious address – like a luxury flat in Hyde Park.
Our Hyde Park
We, in South Africa, have our own very affluent Hyde Park that is named after London’s landmark suburb. This Hyde Park is located in a prime area close to Sandton, one of the most prestigious areas in this country. Nonetheless, Johannesburg’s Hyde Park was established well before Sandton came into being, in 1969. Hyde Park received its formal residential status in 1955. For quite some time, it has been known for its large properties that feature opulent homes that reflect its history and heritage, as well as latter-day, modern, and luxurious apartments.
Additionally, South Africa also has its very own corner, but this corner isn’t a platform for free speakers. Instead, this Hyde Park Corner is, according to their website, “Africa’s centre of luxury”. There’s no doubt that this centre is a retail jewel frequented by luxury home and apartment dwellers of Hyde Park and the surrounding suburbs.
Since its completion, Hyde Park Corner has undergone several upgrades and extensions, but still retains its classic European flair, elegance, sophistication, and ambience. The centre is home to world-renowned brands, sought after by both apartment residents, residents who occupy the area’s spacious, grand homes, and of course, tourists, in addition to visitors and shoppers from elsewhere in the country and abroad.
The Hyde Park trend
Hyde Park’s association with its London counterpart is well warranted. Its distinctive free-standing homes will undoubtedly continue to retain their superior status, while the area’s luxury apartments are set to repeat the Hyde Park trend.
Today, many people in the luxury property sector prefer the advantages of a lock-up-and-go lifestyle, such as one would enjoy in a high-end apartment complex. Numerous lifestyle aspects are dealt with on a communal basis.
Among these, one finds such matters as:
- safety and security;
- access control;
- complex and communal garden maintenance;
- improvements, such as electricity supply alternatives, eco-friendly and recycling initiatives, and implementation;
- establishment and acceptance of the sectional title house rules and regulations; and
- all matters that are attended to in the interests of all residents, the property in its entirety, and apartments’ investment values.
Do these and other benefits and advantages of living in Hyde Park in a luxury apartment appeal to you? If and when you’re ready to acquire an apartment in Hyde Park, contact our property specialists at Fine & Country South Africa for dedicated, expert assistance. We look forward to being of assistance to you.