Sales surge at Arabella Country Estate

Improved market sentiment and increased lifestyle demand are driving a surge in sales at the Arabella Country Estate, located on the banks of the Bot River lagoon, a few minutes inland from Hermanus. 

This elegant home in the Arabella Country Estate is on the market exclusively through Pam Golding Properties, priced at R6.9 million. It boasts a beautiful open-plan design, a private home theatre and four en suite bedrooms.

Pam Golding Properties (PGP) reports that 2014 sales figures on the estate are already double the 2013 results in both unit numbers and total value sold – and this, just four months into the year.
Pam Golding Properties’ area manager Mike Bisset says in 2013, five homes were sold on the estate - four of them by PGP, whose sales totalled R15.7 million. “This figure has surged in 2014,” he says, “and by the end of April this year, we had concluded 10 sales valued at over R38 million. Our purchasers have been mainly South Africans, as well as one buyer each from Scotland, South Korea and Nigeria. It is the first time in several years that we have seen this increased interest from international buyers, thanks largely to the favourable exchange rate – but the bulk of our buyers remain locals acquiring homes for holiday and weekend use.”
Bisset says the highest demand at present is for homes with four bedrooms, preferably all en-suite, with a double garage and swimming pool. “Buyers are looking chiefly in the R3 million to R3.5 million price band,” he says, “although we have also seen some renewed interest in higher-end properties priced around the R6 million mark. After a long period of muted activity at this top end of the market, we have already concluded two sales in this price range in 2014. However due to the increase in sales, stock is low in all price brackets at present.”

The view from a four-bedroomed home which occupies one of the prime locations in the Arabella Country Estate.  It has substantial living areas and three outdoor decks.  The property is on the market exclusively through Pam Golding Properties at R6.7 million, inclusive of VAT. 
Arabella’s secure lifestyle, top-rated golf course and scenic lagoon-side setting are key driving factors for sales on the estate, coupled with well-maintained facilities such as floodlit tennis courts, children’s playgrounds, jogging paths, and the hotel spa. “This makes the estate an ideal getaway for not just golfers but their entire family as well,” Bisset comments.
Another sign of confidence in the estate’s sound management and long-term investment value is the fact that a number of owners have committed to major renovations and expansions over the past year – Bisset says since January 2013, six homes have undergone extensive work, with an estimated total value of around R7 million.
The estate is now almost fully mature, with 218 completed homes, eight under construction and just 11 erven still vacant.

Find more properties for sale in Arabella Country Estate

  Comment on this Article

  Please login to post comments

Post to my facebook wall
Characters remaining

    Latest Property News
    • 24 Oct 2016
      The suburb of Wynberg was originally farming land belonging to one of the freeburgers that supplied the Dutch East India Company. In 1682 the land was sold to Herman Weeckens, who named the farm De Oude Wijnbergh. With the Cape’s seas growing far rougher during the winter months, ships would lay anchor at Simon’s Baai, which would later be called Simon’s Town. Sailors would then travel via wagon route from Simon’s Town to Cape Town, passing through De Oude Wijnbergh estate.
    • 24 Oct 2016
      Despite our volatile political landscape and the uncertainty of the Rand, investors are still present and keen to buy property. “Investors are seeing the value in placing their money in bricks and mortar in areas with a rising market, which may be seen as a more stable investment than putting money offshore or into other asset classes,” says Harold Kolnik of Jawitz Properties South Peninsula.
    • 24 Oct 2016
      Mixed use developments are no longer an emergent trend in Cape Town; they have become a firmly established feature of the city’s architectural landscape, especially in the CBD where two more developments are already in the planning stage and five new proposals are currently on the drawing board.
    • 22 Oct 2016
      Century 21 South Africa has announced that 2 new sales offices will be opening in and around the Cape Town metro in the next month, one being the City Bowl office and the other being the Blouberg office.
    • 21 Oct 2016
      An exclusive dream home situated in the popular Krugersdorp suburb of Chancliff A H is our Property Pick with its high-end finishes and luxury design aesthetic.
    • 21 Oct 2016
      For many home owners retirement signifies the need to downscale to a smaller apartment or townhouse.
    • 21 Oct 2016
      An ever-increasing population in the Hermanus and surrounding Overberg areas and high demand for quality medical facilities has prompted Annenberg Property Group to develop a multi-disciplinary, state-of-the art medical centre in Hermanus which will be known as Hermanus Medical Village.
    • 21 Oct 2016
      The importance of being adequately insured has once again come to light after an incredible hail storm hit Bloemfontein in the Free State, late yesterday afternoon.
    Subscribe to the MyProperty Newsletter

    Last Name  
    Email Address  
    Email Frequency
    Share this Page

    For Sale Property
    Rental Property
    More Options
    Connect with us