21
Nov
News
Rate cut raises holiday season cheer for SA’s property market
CDK Investments Pty Ltd T/A Chas Everitt Southern Cape is a Franchise of the Chas Everitt International Property Group. Registered with the PPRA
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"Swellendam, the third oldest town in South Africa, is a small, friendly town set at the foot of the Langeberg mountains.
There are approximately 4000 freehold homes in Swellendam and a few Sectional Title complexes. In recent years, the peaceful town has become a popular retirement destination. Figures from Property Data Company Lightstone demonstrate that some 67% of current home-owners are in the over-50 age group.
However, Swellendam is also proving to be attractive to many younger professionals and artists relocating from Cape Town and other metropolitan centres in search of a more tranquil, holistic lifestyle. They currently account for roughly 56% of the annual property purchases in the town."
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