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Insatiable demand for homes in Jacobsbaai
Category Property News
Coastal towns situated on the Cape West Coast are renowned for being unspoiled as much of its natural environment has been preserved. Oceans, behind natural fauna and flora, and scatterings of village-styled homes define the landscape.
Located just 90-minutes from Cape Town, this region comprises of the picturesque coastal towns of Jacobsbaai, Jakkalsfontein, Yzerfontein, Langebaan, Paternoster, Brittania Bay and Shelley Point. The values of residential properties in these areas have grown substantially especially in the town of Jacobsbaai, which is ideally nestled between the high growth zones of Saldanha and Vredenburg.
Homebuyer Demand
The homes here are limited in availability, resulting in increased desirability among homebuyers who are investing in Jacobsbaai’s residential properties for an array of reasons from buying homes for holiday purposes to use on their time-off and/or as a holiday rental option for keen holidaymakers; and then there are those buyers who want to live in the town permanently, away from the congestion and stress of inner city living.
The coastal town has easy access to key amenities, including the West Coast Mall, Jacobsbaai Airport Shuttle and it is home to the pristine Jacobsbaai Beach. Here, residents can enjoy a wealth of activities and immerse themselves in rejuvenating rock pools.
The most “in-demand” properties in the area are smaller cottages and vacant plots of land that lie next to the beach. Homes in Jacobsbaai range in price from R1.4 million to R435 million, and appeal to homebuyers who seek quaint and traditional West Coast Village living.
Available Properties
An exclusive family home is currently on the market from Lew Geffen Sotheby’s International Realty. It is a competitively priced 4 bedroom house with stunning beach-views. Exuding airy spaciousness with additional land space for further development, it has the potential to be extended into a guesthouse, or larger family home.
Considering the significant demand for homes near beaches, there exist phenomenal opportunities to develop properties on vacant plots of land. This will not only serve to ease demand, but investors and homebuyers can rest assured that they are investing in land that is appreciating rapidly, making for sound long-term investments.
Buying or investing in a home in the town ensures a piece of architectural history as most of the properties have preserved its fisherman's cottage architecture.
Saldanha-Vredenburg Development Zones
Jacobsbaai is in an ideal location, situated near the Saldanha-Vredenburg Industrial Development Zone (IDZ), lying just 16 km from Saldanha and 17 km from Vredenburg. This node has been identified by government and businesses as a high development area, and will a see a wealth of new commercial, industrial and residential properties burgeon. The IDZ is expected to increase property development across the Cape West Coast Corridor, with Jacobsbaai’s residential market inevitably benefiting from a property value boost.
A high homebuyer demand, coupled with a strategic positioning to growth nodes is expected to see Jacobsbaai’s home values increase significantly. Such a demand is also predicted to influence investors to capitalise on vacant stands by building new residential properties which will not only provide good long-term returns but assist in curbing the insatiable demand for beach-side property.
Author: Lew Geffen Sotheby’s International Realty