20 Jan 2009
The Struisbaai property market, which started to turn slightly at the beginning of October, received a fillip over December thanks to increased enquiries from buyers from Gauteng, the Free State and Cape Town looking for holiday properties.
"There is also an upswing in the number of retirees who have chosen Struisbaai as their preferred retirement home thanks to Struisbaai's peaceful atmosphere, beauty and lack of crime," says Comine du Toit of the local Aida office.
"An interesting feature is that many buy with cash, which facilitates quick sales," she says.
Vacant stands, ranging in price from about R300k to R2m depending on view and location, are also again finding favour among investors, while units in new developments find ready buyers. Du Toit says five out of 31 units in The Tides, a new development in the Greek Mediterranean style, remain unsold. The two-bedroom, two-bathroom units are selling at R900k.
Larger three-bedroom homes with double facilities sell from around R1,5m while properties with sea views command prices of up to R2,5m. Top beachfront properties sell for up to R5m, while B&B establishments with conference facilities reach prices of around R4,5m
Du Toit adds that plans for a new golf development, the Agulhas Golf Links, have been approved.
For more information contact Comine du Toit on 028 435 7400.
Have a comment about this article? Email us now..
Looking for a new home?
To find a property to buy, visit Find a Property and view listings of properties in all areas. Check out PropertySPI and get an affordable online report on actual sold prices of properties in your area.
Click here for more property news articles.
Need a blog?
Start your own blog with a free blog from 24.com.
House for sale in Blue Lagoon R 2 170 000
House for sale in Polokwane R 1 125 000
Apartment / Flat for sale in Potchefstroom R 660 000
House for sale in Pretoria North R 950 000
House for sale in Retswelele R 690 000
House for sale in Cassandra R 899 000
Farm for sale in Tiegerpoort R 2 200 000
House for sale in Villieria R 1 950 000
Townhouse for sale in Sherwood R 899 000
Townhouse for sale in Terenure R 880 000
If you are using Internet Explorer 8 or higher, please verify that your Internet Explorer compatibility view settings are not enabled.
For the best browsing experience update to the latest Version of Internet Explorer or try out Google Chrome or Mozilla Firefox.
Please contact our Customer Service Centre for further assistance. Tel. +27 (0)861 111 724