Property markets to the south and east of Cape Town are becoming
increasingly over-subscribed and overheated – like many urban
areas of South Africa. Smart, forward-thinking investors are beginning
to look elsewhere, where they can still purchase quality investment
property in naturally beautiful surroundings at an entry level allowing
excellent capital growth.
At the same time, an increasing number of people are
adopting more flexible work patterns or are able to work from home.
This means that city dwellers are moving to the country not only because
land prices and rates are lower, but also because there is less traffic
and stress.
This combination of factors has led to a growing number of investments in picturesque South African rural towns, from the West Coast to the farmlands of the Karoo, and beyond. Many buyers use their investment as a holiday home, while planning to settle permanently in the near future. Others are seeking a more relaxed life by doing business from home or opting for semi-retirement.
This trend is still relatively new, but property values in towns such as Malmesbury, Darling and Riebeeck Kasteel, which are within a reasonable proximity to Cape Town, have already shot up exponentially. However, there are still a few undiscovered gems, favourably located in relation to the city and offering the peaceful country life in abundance.
Piketberg is one of them, and Wheatfields will be the first development to fully take advantage of its astonishing natural beauty. After all, there are not many places left that offer incredible mountain views, fresh air, top security and extensive facilities – all within an hour’s drive of Cape Town – at such an excellent price.
