Cape Town's economy evolved during the Dutch era in a slow and steady pace. Due to its isolation it was depending on the shipping trade in the old days. When the French troops garrisoned at the Cape in 1780, the town experienced a boom. Crops, including wool and wine were traded in the 19th century, helping to establish business relationships with the rest of the world. When the diamond rush struck in the 1870s, it was just in time to see the completion of the harbor and railway.
Cape Town is well known for its great wines, spectacular location and great tourist destination these days. The city enjoys a good economy with great real estate. Dream houses overlooking the ocean jostle with apartments on the slopes of Table Mountain. The city has some of the best beaches in the world and an infrastructure that provides schools, shopping, conventions and much more. Investors can be assured to secure a piece of paradise in Cape Town.
