Ladismith in the Klein Karoo drawing a wide variety of home buyers

Value for money coupled with a notable trend, particularly among Gauteng buyers, to relocate in pursuit of a better quality lifestyle, is helping boost demand in the residential property market in the scenic hamlet of Ladismith in the Klein Karoo.

Masood Husain, Pam Golding Properties area principal, says Ladismith’s housing market is experiencing gradually increasing activity, despite the still challenging economic trading conditions.

“Previously, we found that the main demand was for farming-type property, with sales during the course of 2012 including a 24 hectare property which sold for R410 000 and a 1000 hectare property which sold for R1.9 million,” he says.

“Currently, however, the residential market is picking up and interestingly, includes a number of international buyers. These include buyers from Bahrain, the UK and Italy. In fact, the first two purchasers bought properties without actually viewing the properties on site until three to six months later.  The buyer from Bahrain acquired the 24 hectares of vacant land mentioned above, the UK purchaser acquired a house for R1 million, while the buyer from Italy purchased 7.8 hectares of vacant land for R245 000.”

Husain says to a large degree the demand for homes in Ladismith stems mainly from buyers from up north, generally business people who are tired of the stress of the ‘rat race’ and wish to escape to an easier, safer and healthier lifestyle. These buyers are mainly seeking property in the price range from R425 000 to R1.9 million. “Close on their heels are Cape Town buyers looking to acquire weekend getaway properties, as Ladismith is a comfortable three-hour drive mostly along the R62. Secondary access is provided via the N2, attracting coastal visitors, while the town is about 45-60 minutes from Oudtshoorn, with its good shopping facilities and other amenities.

“We are also encouraged by the fact that local homebuyers are investing in local property, especially first time buyers - young couples with children - who are acquiring their own homes.  Young people are coming here to work, mainly in one of the two major cheese factory outlets in town or as teachers. There are a number of schools in the area, including an excellent primary school. For others the appeal of buying a home is for retirement now or in the future, as in addition to the value-for-money, tranquillity and scenic surrounds, there is a good medical hospital centrally situated in town and helicopter facilities for any emergency situations.”
Husain says the lure for home buyers is boosted by the sound value for money available. “We see many buyers seeking homes in the price range around R800 000, for which they can acquire a very comfortable three or four bedroom home. For approximately R1 million you can pick up luxury combined with classic style houses in beautiful, scenic settings - often with at least four bedrooms.”

At present Pam Golding Properties (PGP) Ladismith is marketing a painstakingly restored house built in the second half of the 1800s, which is a Victorian example with the classic Georgian type architectural finishes and round ventilator openings known colloquially as ‘Ladismith Eyes’. The house is centrally situated in Church Street and the current owner, an architect has gone to considerable lengths to restore the property with its generous rooms, high ceilings, Yellowwood floors, Oregon pine ceilings and thick walls – just some of the features and other treasures which make it this character home highly appealing and ideal for the hot Klein Karoo climate.

Known locally as ‘Anna Naald’s House’, this charming home with historic interest has ample spacious rooms, including four bedrooms, four bathrooms, a large and sunny open-plan kitchen and living room, studio and separate office, double garage and attractive patio for relaxing in the shadow of the Towerkop mountain. There is also a separate cottage with guest potential, all set on a generous stand with an appealing garden. The property is priced at R1.49 million.
Other local attractions in Ladismith include De Oude Pastorie restaurant, recently awarded a fourth place ranking in the 2012 Klein Karoo Smulpaap-Toekennings / Gourmand Awards Top 20. There is also Koedoeskloof Country Lodge, a B&B complete with a superb biker’s bar and scenic mountain and vineyard views, which is home to a couple who chose to escape busy city life in Gauteng, purchasing the property in 2011 through PGP. The town is also home to Mymering Wine Estate with its 4-Star guest house and working wine farm with some exciting new wines on the market.

Not far from the World Heritage Site of the Seweweekspoort mountain range, known for its annual mountain bike race held in October, Ladismith town hosts an annual Eco Festival and monthly street / farmers’ market and also launched a cheese and wine festival last year (2012) as well as a Bastille Day market.

  Comment on this Article

  Please login to post comments

Post to my facebook wall
Characters remaining

    Latest Property News
    • 23 Feb 2018
      RE/MAX Property Associates’ Table View Office, which services property buyers and sellers along the Table Bay coastline and surrounds, has recently sold a home in Woodbridge Island for R11 million – the highest price paid for any home in the sought-after security complex.
    • 23 Feb 2018
      Choosing to invest in an overseas property can be daunting. But as more and more investors recognise the value of a diversified portfolio that includes property outside of their own country of residence, international property investment is growing in popularity.
    • 23 Feb 2018
      The positive change in South Africa’s political landscape is paving the way for an upswing in the local property market.
    • 22 Feb 2018
      An excellent credit score is one of the most priceless assets a potential home buyer can have. This tool has the power to secure favorable mortgage and refinancing rate, influencing everything from the size of the loan repayment to the interest rate on the home loan.
    • 22 Feb 2018
      What do you do if you love your home’s location and the area, but the home no longer fits your growing family’s needs? Do you stay and renovate your existing home or find a home that meets your developing criteria?
    • 22 Feb 2018
      While every owner wants to sell their property at the best possible price, overpricing a home can be the kiss of death for a sale.
    • 21 Feb 2018
      Given the hand they were dealt, government has performed a delicate balancing act which it is hoped will serve to reignite confidence in investment in South Africa, regain our global credibility and satisfy the credit ratings agencies, says Dr Andrew Golding, chief executive of the Pam Golding Property group.
    • 21 Feb 2018
      The real estate mantra, ‘location, location, location’ remains a strong market influence regardless of the prevailing economy, with suburbs like Rondebosch enjoying the buffering benefit of being ideally situated.
    Subscribe to the MyProperty Newsletter

    Last Name  
    Email Address  
    Email Frequency
    Share this Page

    For Sale Property
    Rental Property
    More Options
    Connect with us