Beautiful Plettenberg Bay is not just about the multimillion-rand seafront mansions on Beachy Head Drive - it also has plenty of more affordable property options for the increasing number of middle-income South Africans who want to make this Garden Route town their home.
This two bedroom, one bathroom apartment for sale in Goose Valley Golf Estate in Plettenberg Bay has a lock-up garage. It has sea and bay views from an extra-large patio, and is selling for R1.35 million - click here to view.This is according to John Fuller, owner of the local Chas Everitt International franchise, who says for the past 50 years, Plett has been known as a top leisure destination for the wealthiest people in SA who come here to enjoy miles of golden, unspoilt beaches, water sports on the lagoon, the polo at Kurland and excellent golfing facilities.
“And in recent times it has gained even more renown as an affluent playground, with millionaires - and even billionaires - from all over the world coming here to buy luxury homes,” says Fuller.
“We recently sold a R5.1 million property to a buyer from Cyprus who intends to retire here, for example, and the latest New World Wealth/ MasterCard survey of wealthy SA suburbs reveals Plett is now SA’s third most sought-after property location in the country - after Cape Town’s Atlantic Seaboard and Sandton in Johannesburg.”
However, he says it is important to point out that the average property price in the town, if one includes empty stands and excludes the small quantity of ultra-luxury homes, is currently only around R1.65 million.
“And there are many very well-priced properties available here for families who want to make Plett their permanent home, as well as for seniors who want to retire or semi-retire here,” says Fuller.
In the 12 months to the end of May, Fuller says there were 279 freehold sales worth R966 million with a median price of R1.5 million, and 138 sectional title sales worth R140 million with a median price of R835 000.
This two bedroom, two bathroom flat in Santini Village in Plettenberg Bay is being sold fully furnished, and has beautiful views of the Tsitsikama Mountains. It is on the market for R985 000 - click here to view.“These figures indicate that sectional title apartments here are extremely well priced, and in the mature areas of Plett, fairly close to the beaches, there are currently three bedroom homes available that are very attractive to buys at between R1.5 million and R2.5 million.”
Some examples of what is currently available include:
1. Apartments in the Castleton development in Piesang Valley
Fuller says there are spacious three bedroom and four bedroom apartments for sale here at prices from R925 000 to R1.65 million.
“Some have beautiful sea views, and most are fully furnished. The complex has excellent security, a pool, tennis court, mini golf, on-site restaurant, volleyball and games room. It is also close to Robberg Beach and the centre of town with all its other attractions,” he says.
2. Apartments in the Santini Village development on Marine Drive
There are two and three bedroom apartments available in this secure complex at prices from R595 000 to R985 000.
Fuller says communal facilities include a pool, while Central Beach, the famous Beacon Isle hotel and the newly-renovated Main Street precinct are all just minutes away.
Most apartments offer sea or mountain views, and some are being sold furnished.
3. Apartments in the popular The Dunes resort
This two bedroom, two bathroom apartment is situated in The Dunes in Plettenberg Bay. The unit has a private garden with built-in braai, and is being sold for R1.45 million - click here to view.Situated in the Keurboomstrand area, 10km from Plettenberg Bay, these spacious two bedroom, two bathroom units are all furnished, with undercover parking and private walled gardens, and prices start from around R1 million.
Fuller says the resort has direct access to its own private beach and has two pools, a playground and an on-site bar and restaurant.
4. Apartments at Goose Valley Golf Estate
Fuller says this is the most popular sectional title development in Plettenberg Bay.
Prices for two bedroom, one bathroom apartments in this prestigious development range from around R1.1 million to R1.3 million, and the levies include water and golf club membership for two.
“Apartments with additional bedrooms and bathrooms are also available, starting from around R1.45 million. Security is excellent, and the estate has tennis and squash courts, an on-site restaurant and direct access to the Keurbooms Lagoon,” says Fuller.
5. Houses and apartments in The River Club
Fuller says this access-controlled development is situated on the banks of the Piesang River, near the Beacon Isle and Robberg Beach.
Prices for these luxury apartments start at around R1.25 million, while family-sized homes with three bedrooms and two bathrooms start at around R2 million.
6. Stromboli’s Retirement Village.
This two bedroom, one bathroom apartment in Santini Village has a large dining room/lounge area that leads out onto a tiled, north-facing balcony. The unit includes one carport and is selling for R595 000 - click here to view.Fuller says limited life rights retirement units here are available from R1 million to R1.5 million.
Why live in Plettenberg Bay?
Fuller says the town has many attractions for families now - in addition to its five Blue-Flag beaches and tranquil natural surroundings. These include excellent primary and high schools, excellent shopping facilities with most major retailers present, a first-class private hospital and well-run clinic.
“In addition, our excellent municipality receives clean annual financial audits, and is consistently placed second or third in the country for Blue Drop drinking water status and Green Drop waste water management status,” he says.
He says the municipality also walked away with the 2015 Govan Mbeki Housing Awards in both the provincial and national legs of the competition for its Kwanokuthula housing delivery projects, and is again a finalist for the 2016 awards.
“And we are seeing an increasing number of families from Gauteng and other upcountry regions relocating here now, while many South Africans who are currently working in Dubai and other overseas locations are investing in property here ahead of their planned return to the country,” says Fuller.
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