Are you looking for a value-for-money holiday property? Country and coastal areas in South Africa offer well-priced property in picturesque settings.
Below, real estate agents elaborate on the areas where you can get a holiday property no matter your budget.
Vacation lifestyle in KZN Midlands
The KZN Midlands, which is only 4 hours from Joburg and 1.5 hours from Durban, have long been a popular travel destination because of its exceptional natural beauty and abundance of tourist attractions.
KZN Midlands has currently *625 new property listings, according to Property24 Trends Data, with the average asking price being R1.45m.
Click here to see all listing price trends in KZN Midlands
Ballito in KZN has always been a popular holiday destination and from January to July 2022 attracted over 271 000 visitors (Information courtesy of Ilembe Enterprise) with recorded bed nights in this same 6-month period being 910 365. Of this 71% was holiday accommodation.
Ian Naidu of Local Real Estate, says the starting price for a Zimbali property that is perfect for vacations and short-term rentals, like the Zimbali Suites, is R2.79m, or about R7m for a starter standalone home in Zimbali Estate.
Stylish Tranquil Living in Zimbali Suites
"Beachfront properties start at R2.05m, and our most expensive beachfront property is currently R10.8m,” says Richard Anderson of Local Real Estate.
Sophisticated modern duplex for R9.995m
Click here to see all listing price trends in Ballito
Karoo property in high demand
The region, according to Flip Augustyn of Seeff Calvinia, has 80% starlight and provides the best Karoo living.
For between R500 000 and R1.5m, you can still find lovely homes here, while farms typically sell for between R1.5m and R20m.
Karoo currently has *30 new property listings, according to Property24 Trends Data, with an average asking price of R1.4m and an average selling price of R700,000.
Buyers looking to relocate to Oudtshoorn are currently in high demand, according to Jan Verlinde, licensee for Seeff Oudtshoorn. In the past two years, "between 20% and 25% of our buyers have been from large cities, primarily Cape Town and Johannesburg."
Tranquility in the Karoo for R2.950m
Property prices in Oudtshoorn are also lower compared to those in bigger cities and towns. A large three-bedroom home in the Johannesburg can be found for between R1.6m and R2.5m, while a standalone house can be found for around R1.2m, and for the same price, you can have a 3-bedroom home with a swimming pool in Oudtshoorn.
Retire in the Karoo for R1.050m
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*Property24 Listings Data Disclaimer: The trends detailed in this article are based on Property24 listings, current at the time of publishing, and property transfer data supplied by Deeds offices, which typically take 3-4 months to reflect. Suburbs are listed according to Property24's geographical database. In some areas this will include both commercial and residential properties. The age demographic data of buyers, sellers and stable owners is determined over a six-month period. These Property Values should not be used as a substitute for independent professional advice and is subject to Property24.com Terms and Conditions.
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