Aida National Franchises has acquired a new office in Fish Hoek with the conversion of an existing estate agency.

Co-owner Maggi-Mae Vidas says the office established in 2008 has built up a sound market presence in the area.

Aida Cape Lifestyle Homes will serve the whole Cape Peninsula market.

Vidas says investors are still buying holiday properties in the area although sales are slower as investment buyers take their time to source good value.

"Our core market remains local buyers who are attracted by the comfortable lifestyle offered in Fish Hoek and surrounds.”

The area is popular among retirees who prefer a comfortable seaside lifestyle within reach of a host of amenities as well as family buyers.

The area has a wide variety of properties on offer with entry-level flats priced from R500 000, family homes starting at about R1 million and luxury homes costing up to R10 million.

Vidas adds that Fish Hoek is family-friendly location that continues to attract buyers.

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