South Africa’s Number 1 Property Website!

Struisbaai draws cash, retirees

Email Print Share

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.

Readers' Comments
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 Property Reports and get an affordable online report on actual sold prices of properties in your area.

Property News
Click here for more property news articles.

Need a blog?
Start your own blog with a free blog from

Similar Articles

View all articles

Top Articles

View all articles
Top Articles
More property articles...


Get the latest property news in your inbox.
Select your options:

Your browser is out of date!

It looks like you are using an outdated version of Internet Explorer.

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 Property24 Support Team for further assistance. Tel. +27 (0)861 111 724