Expat and Johannesburg buyers head for Noordhoek

While there has been a sustained demand from local buyers for homes in the Noordhoek area, Seeff agent, Dale Gremels says that she has seen a spike in expat and Johannesburg buyers since early last year.

Over forty percent of the 27 properties that I have sold here have been bought by expats and Joburgers relocating to the city. The agent attributes this to a combination of convenience, good value and the safe, country-like surrounds.

Situated in a scenic fynbos valley and fronted by the 8km stretch of pristine Long Beach, the suburb is a nature and equestrian paradise and especially family and child friendly. Despite its country-like lifestyle, it in fact provides excellent access with just over half an hour's drive to the city, Southern Suburbs and surrounds and the airport is en-route says the agent.

The neighbourhood borders on wetlands and the Silvermine Nature Reserve and residents enjoy a village lifestyle amidst stunning surroundings, yet with shops, restaurants, pubs, medical facilities and good schools in the vicinity and a school bus that runs from Kommetjie through the area.

Sales to expats include a beachfront home that was bought by a London-based expat for R9 million; the highest price in the area since 2007. An expat based in Mumbai, India bought an equestrian plot with a small cottage on it for R3,2 million with the intention of developing the estate and buildings thereon. Yet another expat who recently returned from Mumbai bought a beautiful family home with a swimming pool in Brookwood for R3,45 million. I am also currently finalising a sale of a property for around R4 million to a Dubai-based South African buyer who is married to a foreign national, adds the agent.

Sales to Johannesburg buyers have also been a mix of family homes and equestrian properties, continues the agent. These range from an equestrian estate with a small cottage in Old Cape Farm Road that sold for R2,6 million to a lovely family home in San Michelle that was bought for R3,75 million by a buyer who is settling his family here and commutes each week to Johannesburg. I am also working with a number of Johannesburg buyers and expats including some looking to acquire a second home here.

Recent buyers include professionals, artists, business executives and younger families looking to settle in this tranquil residential neighbourhood. Property options in the neighbourhood range from homes on plots of around 1,000sqm to equestrian estates and large, 4,000sqms plus sized plots. Prices range from around R2,5 million to around R6,7 million for a large, five-bedroomed family home with a swimming pool and stunning sea and mountain views in Belvedere. There is however, a shortage of homes priced under R4 million says the agent.

Besides the good selection of equestrian properties, there are also excellent stabling facilities in the neighbourhood for horse lovers who either do not have the space or the time. While many equestrian properties already have stabling facilities, buyers have been quite prepared to buy for the land size and then develop their own and even renovate or build a new homestead. Prices range upwards of R4,95 million for a one acre plot suitable for the addition of stabling and with a three bedroomed home with a study and flatlet. At the top end, buyers can expect to pay R17,5 million for a 13,700sqm plot with a stabling block for three horses, lush paddocks and a five-bedroomed architectural home with a swimming pool, loads of extras and sea views located close to the De Goede Hoop Estate.

The suburb is also home to a few exclusive estates favoured by discerning buyers. The De Goede Hoop Estate is set in a 300ha private Fynbos Reserve with stunning mountain and sea views and homes on five-acre stands with permission for stabling and outbuildings. The award-winning Lake Michelle eco estate is built around a beautiful lake and features a selection of "Cape Cod" architectural homes priced around R4,395 million for a large, four-bedroomed family home with a swimming pool situated on a pond with stunning mountain views.

  Comment on this Article

  Please login to post comments

Post to my facebook wall
Characters remaining

    Latest Property News
    • 19 Jan 2018
      Extending from Randfontein in the west to Roodepoort in the east and including the towns of Krugersdorp and Magaliesburg, the West Rand has a plethora of property available to residents who choose to make this unique area their home.
    • 19 Jan 2018
      When it comes to financial planning, doing the work to ensure you’re prepared for unexpected emergencies is just as important as ticking off your other goals and New Year’s resolutions. The beginning of the year is also the perfect time to review your various insurance policies.
    • 19 Jan 2018
      No surprises at the first Monetary Policy Committee of 2018, as Reserve Bank Governor, Lesetja Kganyago, announced that the interest rates would stay at their current levels.
    • 18 Jan 2018
      The Southern Suburbs make up some of the most popular residential areas in Cape Town, comprising charming groups of suburbs which lie to the south-east of the slopes of Table Mountain. It is seen as the city's most expensive residential neighbourhoods with a choice of various private schools, upmarket eateries, wine estates, beautiful homes and trendy apartments.
    • 18 Jan 2018
      New year, new goals! If you’ve resolved to purchase your first property in 2018, then this 6-step guide from the Rawson Property Group is a must-read. It will help you navigate and simplify what is often be seen as a confusing process of buying your first home – right from the house-hunt to the house-warming.
    • 17 Jan 2018
      While the current property market may still favour buyers, it doesn’t mean that they shouldn’t be well prepared before putting in an offer to purchase.
    • 17 Jan 2018
      Lightstone lists Blair Atholl as the most expensive suburb with an average house price of R11.2 million, followed by Westcliff (R10.5 million), Dunkeld (R9.3 million), Sandhurst (R9.1 million) and Inanda (R7.2 million).
    • 17 Jan 2018
      As it currently stands, there are four main ways in which a home can be bought in South Africa, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, who adds that deciding in which legal entity to purchase the property is not a decision that should be entered into lightly, as each has its pros and cons.
    Subscribe to the MyProperty Newsletter

    Last Name  
    Email Address  
    Email Frequency
    Share this Page

    For Sale Property
    Rental Property
    More Options
    Connect with us