Considerations for a coastal home

Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, says that, owing to their popularity, coastal properties often have the potential for greater returns than inland properties do. However, for that same reason, coastal properties also often come at a premium price tag. “Those with a smaller budget could consider the smaller seaside towns that are within driving distance to the major metropoles, as these towns can often offer greater value for money,” he notes.

Chris van der Merwe, Broker/Owner of RE/MAX Coastal, explains that Knysna, Sedgefield, Wilderness, and Mossel Bay all offer excellent value for money. “Just after the pandemic, house prices soared owing to the increased demand. But, since then, things have stabilised and it has changed into a bit more of a buyers’ market, which makes it very attractive for first time buyers, investment buyers, and families relocating to the Garden Route,” he notes.

He adds that semigration is still a big driving factor and that there has been an increase in new residential developments between Knysna and Mossel Bay to try and meet this demand.

“Most of our buyers come from the bigger metros and are after modern finishes in a home. Apart from this, the home’s location is of utmost importance. Any home that offers views of the water – ocean or river – is in demand from high-end buyers,” he explains.

For those considering a move to a coastal town, here are a few important points to consider while compiling your own coastal house hunting wish list…

• Climate: South Africa’s coastal areas vary in climate, with the Western Cape experiencing Mediterranean weather with cold oceans and KwaZulu-Natal enjoying subtropical warmth with warmer oceans. Choose an area that suits your climate preferences.
• Investment Potential: Areas like Clifton and Knysna offer strong investment potential due to high demand, while areas like Jeffreys Bay and the Garden Route offer more affordable entry points with potential for growth.
• Community and Lifestyle: Each coastal area has a distinct atmosphere, from the lively coastal lifestyle of Balito to the relaxed surf culture in Jeffreys Bay. Book a weekend away in the area first to find out if it suits your lifestyle preferences.
• Accessibility: Proximity to major cities, airports, and hospitals can be essential, especially for retirees or those planning to travel frequently.

“Investing in a coastal property in South Africa is more than just buying real estate – it’s securing a lifestyle. With the right location, a coastal home in South Africa can offer not only a lifetime of memories by the sea, but also a secure investment that will appreciate greatly in value over time,” says Goslett.

If you aren’t sure where to start looking for your coastal dream home, reach out to your nearest property practitioner for assistance.

Writer: Kayla Ferguson