select
|

Property buyers wild about lifestyle in Wilderness

While it may be charming holiday village in the heart of the Garden Route, Wilderness will also offer buyers a good selection of value-for-money property options in the year ahead. This is according to Chris van der Merwe, Broker/Owner of RE/MAX Eden, which assists home buyers and sellers in the Wilderness area.


Interior of home currently on the market through RE/MAX Eden
 
Wilderness is considered to be a nature lover’s paradise as it offers lakes, rivers, estuaries and beaches as well as indigenous forests and mountains for exploration.  Just 15km from George, between the Outeniqua Mountains and the Indian Ocean, Wilderness is made up of a mix of permanent residents and holiday home owners, with close on 80% of all property in the area made up of freestanding homes, according to property statistics provider, Lightstone. The statistics reveal that 38% of recent buyers in the area were between the ages of 36 and 49 years of age, with the 50 – 64 years of age category following close behind, accounting for 35% of recent buyers in the area.
 
No matter who or how old buyers in the area are, van der Merwe says that all buyers are more conscious than ever before of getting value for their money when it comes to investing in property. “Home buyers want to know that they are getting the best deal possible, while still purchasing a property that meets all of their requirements,” he says.
 
He advises those looking to buy property in Wilderness in the year ahead to opt for investing in either a freestanding home or a home within one of the estates due to the split between permanent residents and lock-up-and-go buyers in the area.
 
“With high-end properties in Wilderness ranging from R15 million upwards, the ‘best buy’ price bracket in the year ahead will be somewhere between R2.5 million and R4 million. We do occasionally get houses on the market under the R2 million mark, but these are few and far between,” says van der Merwe.
 
 He says that buyers – whether as permanent residents or holiday home/investment buyers - are all drawn to the lifestyle on offer which includes proximity of the beach, as well as the great views from the sea, lagoon, lakes, rivers, mountain and/or forest views or all of the above.
 
Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, says that property is considered to be a strong asset class in which to invest, particularly over the medium to long term. “A well situated property in a leisure destination can prove to be a home to enjoy as well as an investment that generates healthy returns.”
 
 RE/MAX Eden is currently marketing a home that offers secure living on the beach on an exclusive mandate. Priced at R3.49 million, this spacious, thatch-roof home boasts an enormous open-plan living area and kitchen upstairs to maximise the beach atmosphere. A large wooden deck leads off the living areas and the main en-suite bedroom and offers a slight sea view. Another two large bedrooms and two bathrooms are downstairs, each with sliding doors that open onto a garden patio. The main bedroom is very spacious with lots of cupboards. The en-suite bathroom has a separate toilet, his and hers basins and a spa bath. The estate is quiet and private and offers private access to the beach.


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 24 Apr 2018
      The thing about the property ladder is that at some point in our lives we all have reason to want to climb a rung or two higher. Sometimes, it’s because we’ve outgrown our previous dream home, or because we want to be in a better neighbourhood that’s closer to work or to schools. Sometimes it’s because our circumstances have changed, and we’re taking care of elderly parents or relatives. Sometimes, it’s just because we want a property that reflects the financial status our hard work has won.
    • 20 Apr 2018
      Whenever changes in the political ecosystem of a traditional property market create uncertainty, smart investors begin to look elsewhere for new opportunities. Property experts at IP Global have analysed the trends and crunched the numbers to find new markets to explore in Europe and the United States.
    • 20 Apr 2018
      Energy and water self-sufficiency are increasingly important factors in home buyers’ choice of property – especially in Cape Town where the extreme drought of the past few years has made municipal supply costly as well as uncertain.
    • 19 Apr 2018
      During the last decade, rampant development has progressively transformed Cape Town’s property landscape with densification being the order of the day, but there are still one or two hidden gems like Scarborough which have retained their original character, offering an inimitable lifestyle and an attractive investment opportunity.
    • 19 Apr 2018
      The rental market is a cut-throat sector of the real estate market that waits for nobody. According to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, first-time renters need to be fully prepared before they even start the process of looking for a place to rent in order to avoid the disappointment of losing out on their ideal property.
    • 19 Apr 2018
      Choosing to buy your first home instead of continuing to rent is a big decision that will usually take some time to put into action, but the sooner you can save up a sizeable deposit, the closer you will be to reaching your goal.
    • 18 Apr 2018
      Selling your home is no small task and as you will quickly find out, there are a lot of misconceptions about the process. Gerhard van der Linde, Seeff's MD in Pretoria East lists the top 5 misconceptions when you are selling your home.
    • 18 Apr 2018
      The Cape Town municipality is now installing water-management devices at properties that have been non-compliant with the new level 5 water restrictions and there are talks of fines between R5,000 and R10,000 for households that use too much water.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK