Goodbye Cape Town – buyers are flocking to these small towns
- Buyers are increasingly choosing lifestyle farms in smaller towns such as Barrydale, Montagu and Swellendam, which offer more space and affordability than coastal areas such as Cape Town.
- Seeff Country Principal Jaco Badenhorst said areas such as the Klein Karoo, Overberg, Barrydale, Montagu, Swellendam, and surrounding farming regions have become sought after, with reliable access to water and good road access being key considerations.
- Rising coastal property prices, increasing municipal costs, and a desire for greater self-sufficiency have encouraged buyers to consider rural alternatives, with financing agricultural land differing significantly from financing a conventional residential property or second home.
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