Everyone’s leaving to the Western Cape – here’s what you can get for R5 million
The Western Cape has become a hotspot for South Africans looking to leave other metros for more remote work options and a possibly higher salary, says real estate company Seeff.
Before families hop on the semigration trend and make the leap to the Cape, Seeff said that there is much to consider.
The Western Cape provides a stellar experience for the remote worker, said Seeff. However, those moving to Cape Town, for instance, can also enjoy a higher average salary than in Johannesburg.
“For kids, the province offers top-tier schools and a great tertiary education at the University of Cape Town, for example. If you’re retiring, the province boasts some of the best healthcare facilities and professionals in the country.”
Semigrants in the Western Cape can also choose to enjoy the hustle and bustle of vibrant Cape Town or opt for the laid-back vibes of a town along the Garden Route, said the real estate company.
If escaping crime is high on your list, you’ll find many parts of the Western Cape provide peace of mind. And with properties, especially in security estates, providing top-notch protection, you can live without fear, it added.
Seeff lists the following as key factors to keep in mind when considering a move:
- Consider if you have the right budget – You’ll need to budget for buying or renting your house, making repairs to your property (where applicable), and moving costs. Also, consider the cost of living. Reports indicate that areas such as Cape Town have the highest accommodation costs.
- Consider if everyone is on board – One must never discount the physical and emotional impact of moving. You should have a chat with your family to see if they are aware of what a move will require and whether they are prepared to adapt and make sacrifices where necessary, said Seeff.
- Consider which area is best for you – Weigh your budget, lifestyle needs, and distance to work to determine what area is best suited for you.
- Consider if you can rent before you buy – One of the biggest missteps semigrators make is not getting a sense of the area before they buy property. If you have the budget and patience to rent first, it will help you make an informed decision, Seeff said.
BusinessTech looked at what R5 million could get you in some of the Western Cape’s most popular areas:
Cape Town
4 bedroom house for sale in Marina Da Gama – R4,900,000
3 bedroom house for sale in Oranjezicht – R4,900,000
Somerset West
4 bedroom house for sale in Bizweni – R4,995,000
4 bedroom house for sale in Heldervue – R4,970,000
Stellenbosch
3 bedroom house for sale in Paradyskloof – R4,995,000
2 bedroom house for sale in Aan De Weber Estate – R4,900,000
Strand
3 bedroom apartment for sale in Strand North – R4,900,000
4 bedroom house for sale in Strand Central – R4,950,000
Paarl
5 bedroom house for sale in Paarl Central – R4,950,000
4 bedroom house for sale in Sante Winelands – R5,000,000
Durbanville
4 bedroom house for sale in Proteaville – R4,995,000
4 bedroom house for sale in Kenridge – R4,995,000
Hout Bay
3 bedroom house for sale in Hout Bay Beachfront – R4,999,999
3 bedroom for sale in Scott Estate – R4,950,000
Read: A look at the R1.5 million micro-apartment in Cape Town – inside a parking garage