02 Nov 2012
This is according to Seeff Langebaan agent, Jaco Coetzee, who says the village has good basic infrastructure, a golf course and small casino with shopping malls such as the West Coast Mall a short drive away. Yet, he says, it remains a tranquil escape and respite from the city.
Following a three year period of subdued demand for properties, he says things are looking up this year. Most notably, vacant plots are selling again, both to individual buyers who plan on building a holiday home or relocating and to speculation builders.
The agent has already concluded 12 sales of plots since the start of the year, most with sea views and ranging in price from R500 000 to R600 000. Most buyers are planning to build.
One of the difficulties that the area has faced in the market over the past few years has been overpricing. Many sellers had bought at the height of the market and were looking to offload their homes, largely due to the holding costs, but it has taken time to get sellers to accept what buyers are prepared to pay.
The result is that there is now stock on the market that is offering exceptional value for buyers looking for a holiday home with prices that are almost unmatched for such a prime coastal location, he says.
Coetzee says most properties are close to, or a short distance from, the stunning beach and lagoon area. Apartment prices start at around R450 000 while a quaint three bedroom, white-washed fisherman-style holiday cottage in Skiathos is on offer for R770 000.
A large four bedroom home in a security estate is on offer for R1.975 million and a double storey home with a white-washed exterior and blue shutters reminiscent of the Greek Isles is on the market for R2.19 million.
Vacant plots in the Langebaan Golf Estate are now priced around R440 000 for 898 square metres, while sea view plots of around 925 square metres are on offer for R450 000. A 2ha smallholding plot with sea views is on the market for R750 000, which is unbeatable value, he says.
Sea view plots are now selling for between R450 000 and R1.575 million for a beachfront plot located on the rocks. Plots in the Gary Player designed Langebaan Golf Estate are selling for as low as R150 000. A sea view smallholding of around 2ha is on offer for R685 000.
At the top end, buyers with a bigger budget looking to acquire a stunning seaside home, could look at a modern, architectural home situated literally on the rocks that overlooks the yacht-lined bay for R7.95 million. The design of this 420 square metre residence is ultra-contemporary with strong angles and stone work feature walls as well as large glass windows and doors that offer panoramic sea views throughout.
It is built over three levels with large sundecks and a private lift connects all the floors. The living areas, located on the middle level include a lounge with a wood-burning fireplace, dining room and large open plan kitchen.
Glass doors open onto a large terrace with a lounge and bar area and braai facilities that overlook a rim-flow swimming pool and the ocean. The home offers four bedrooms with en suite bathrooms, and two of the suites are located on the top floor while a further two are on the lower level.
Added extras include a spacious study, huge wine cellar with oak floors and an entertainment area, with under-floor heating throughout.
Vacant Land / Plot for sale in Phalaborwa R 549 000
House for sale in Springs R 3 255 000
House for sale in Hillcrest R 4 350 000
Apartment / Flat for sale in Muckleneuk R 295 000
House for sale in Claremont R 920 000
House for sale in Ivy Park R 780 000
House for sale in Montana Park R 1 340 000
Commercial Property for sale in Jacobs R 10 000 000
Townhouse for sale in Pellissier R 780 000
Townhouse for sale in Rosettenville & Ext R 310 000
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