Tourist season is in full swing in the Western Cape, and locals are looking forward to a well-earned break as Christmas approaches. Whether you are a visitor to the Cape or just want a place to go for your summer staycations, now is the perfect time to look at holiday home properties.
With the wide array of options and prices as well as the current subdued selling conditions, this year is a great time to find the perfect holiday buy in the Cape. Costs currently range from around R2-million to as much as R200-million for a property with a sea view.
If Cape Town is the place you want to spend your days of relaxation, here are a few popular holiday home areas and what you can expect to pay:
If you have between R20-million to R60-million to spend, a fabulous villa in Clifton or Camps Bay would be your ideal buy. Clifton offers beach bungalows, waterfront apartments and luxury villas set against Lion’s Head, while Camps Bay offers a wide range of options, from apartments to villas. Both areas have stellar scenery and pristine Blue Flag beaches, and are hotspots for socialites and celebrities.
You simply cannot ask for a better location than these, set between the mountain and the sea and paired with a Cosmopolitan lifestyle, and property in these areas are a first-class investment. Property values here have appreciated at some of the highest rates in the country.
2. Bantry Bay and Mouille Point
Luxury lock-up-and-go living can be found at the waterfront complexes at these two locations. Price tags are upwards of R8-million and end near R80-million for a super-luxurious beachfront unit with private pool.
Property experts say these two areas offer the best and most varied luxury units to suit every buyer, and that many more exciting developments are planned for the area.
As one of the top kite-surfing destinations in the world, with a long stretch of white beaches, Bloubergstrand has a number of seaside suburbs with many apartment complexes and security estates that have sea views or are in close proximity to the beach.
You can expect to pay upwards of R2-million to R8-million for a beach apartment, with beachfront locations obviously attracting higher-end prices. As well as the beach, you are also close to a host of restaurants and bars.
Hout Bay is popular for its striking scenery and attracts thousands of visitors every year to visit it and its harbour lined with fishing trawlers. The area is popular for retirement buyers and for second homes for UK, German and other European buyers looking to escape to the Cape during the cold Northern Hemisphere winters. Hout Bay offers a street café vibe with many restaurants and eateries as well as a broad range of property to choose from. Apartment prices range from R1.8 million and townhouses and houses start from around R2.6 million.
Neighbouring Llandudno is a stunning mountainside location with fabulous views and gorgeous luxury homes generally priced in the upper millions. There is no commercialisation in Llandudno, which is another popular surfing spot and well-known for Sandy Bay, South Africa’s famous nude beach.
5. Hermanus, Onrus, Sandbaai, and Vermont
Hermanus and its surrounding villages need little introduction— their reputation is known to whale-watchers from all over the globe. The area is conveniently close to an airport and offers top-class amenities. It is an attractive option for holiday makers and retirees, with a wide range of property types and a peaceful seaside atmosphere. Generally, you can expect to pay from around R2-million to around R20-million for a high-end home, although truly stand-out properties are priced well above this. Property is an excellent investment here and regardless of where you buy, you have access to all of the coastal and Overberg attractions, including the Hemel-en-Aarde wine valley.
Pictures: PrivateProperty.com