Coastal charm lures big budget holiday buyers back to picturesque Pringle Bay

The undeniable coastal charm of Pringle Bay has once again seen holiday home buyers flock here and Seeff principal, John du Toit says that it was a busy summer for property sales. 

3 Bedroom House for sale in Pringle Bay

In fact, the last year has been the best since the 2007/8 downturn; enquiries and sales are up and we are delighted that top end properties are once again finding buyers.

While activity in the village slumped to around 47 sales in 2009, last year saw sales climb to 71 transactions to the value of almost R62,5 million - a significant 51% improvement in sales volumes, says du Toit. Although buoyant below the R3 million price mark, there were 8 big sales, 5 of which were sold by Seeff. Prices ranged from R4 million to R5,5 million. Most were seafront homes and all were cash buyers from the Cape and upcountry as well as two buyers from the Netherlands and UK respectively.

The buoyancy continues and we have just concluded another high value sale at R5,25 million on a seafront house, one of the oldest in the village. Du Toit attributes the uptick in sales to a greater willingness on the part of sellers to negotiate, something that remains vital, he says.

While there is always a strong market for property on or near the beach, the wonderful thing about Pringle Bay is that there is diversity, not only of price, but also house design and location. While seafront houses are the most expensive, buyers have a wide selection to choose from. There is for example a river- or mountainside setting and each property in the village is quite unique and offers great views, whether sea, river, mountain or a combination of these.

3 Bedroom House for sale in Pringle Bay

With the majestic Kogelberg Mountains as a backdrop and nestled amidst the fynbos of the UNESCO World Nature Reserve and a rocky coastline and beautiful beach, you are sure to find the lifestyle laid-back and tranquil, says du Toit. While there are shops and restaurants, there is no large-scale commercial development, just beautiful fynbos and narrow roads winding between the homes. Part of the attraction is the unique wildlife; from whales, dolphins, seals, otters, penguins and turtles to an abundance of birdlife.

The village has a single access road and a CCTV security camera system. The close proximity to Cape Town (only about an hour's drive), means that the village is also not just a summer destination, but holds year-round appeal even as primary residence for buyers that choose to commute for work or business, says Du Toit.

Prices start at just under R1 million for a small cottage and range up to around R2,5m for a mid-sized house. Top end property range from around R5,5 million for a beautiful timber log home (Moon River Cottage), set on an elevated north facing riverfront plot of 706sqm. The home is fronted by a large deck with stunning views over the Buffels River, lagoon, beach and mountains. It is spacious and open-plan with top class finishes and a wooden interior. It is also beautifully furnished; all included in the price. It has an entrance hall, lounge and dining room with a fireplace, trendy kitchen, three bedrooms, a protected outdoor braai area, wooden jetty, single garage and carport as well as a pebbled driveway and front garden.

There is also an excellent selection of luxury beachfront homes on offer, priced to around R6,75 million as well as a vacant plots, priced from just R285,000 for 610sqm to around R1,3 million for 1,900sqm.

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