Development in Noordhoek is constrained by the fact that the area is wedged between Chapman’s Peak and the ocean – and it is as a result becoming a haven for high-profile buyers who are specifically after the quiet life in country surroundings.
“Conserving the natural habitat as well as Noordhoek’s semi-rural character is very important to local homeowners and the result is a green belt that is home to conserved wetlands, ranch-type smallholdings with attractive examples of Cape Dutch architecture and distinctly upmarket homes,” says Donald Bower, area specialist for Homenet in a group media release.
The smallholdings are popular among horse lovers, who stable their animals on their properties and make full use of outride opportunities in the wild conservancy areas, he says.
Prices for these smallholdings range between R3,5m and R8m while prices for homes in Noordhoek proper now start at around R2m for three-bedroom family homes. Units in the popular retirement villages Noordhoek Manor and Silvermine Village, where waiting lists are long, range between R1,2m and R1,5m depending size and position.
An air of exclusivity is also, however, attractive to high-profile buyers who are targeting luxury properties in Noordhoek. Bower says the highest reported price for the area was around R100m for a home in the De Goede Hoop Estate, and that an exclusive property now on offer is the 258ha Solole game reserve on the north-facing slopes, which is priced at R75m.
Tradtionally a farming community, Noordhoek has grown exponentially over the past eight years since the Noordhaven and other farms in the area were subdivided and property values have shot up, says Bower. Stands that sold for around R250 000 in 2001 now command prices of around R1,8m. Most homes here are marketed at between R3m and R5m.
Although the area sports many restaurants, pubs and shops, no brand-name commercial development intrudes on the village atmosphere. Bower says most commercial outlets are in keeping with the general ambience. “A prime example is the Farm Village centre that is built in the Cape Dutch style and houses art galleries and novelty shops.”