As good schooling becomes an increasingly more important factor for home buyers, historic Paarl in the Cape Winelands is coming up trumps.
According to Surina du Toit, Pam Golding Properties area manager in Paarl, the price range at the top end of the market is varied, ranging from R5 million up to R35 million on the estates. Compared to other smaller towns, Paarl still offers good value for money, with the middle market sitting at around R3 million.
Paarl is currently attracting purchasers who are willing to pay top end prices in excess of R11 million in the town itself. Local Pam Golding Properties agent Lana du Toit recently sold a 5 bedroom, 5 bathroom home with double staff rooms, situated centrally in a cul de sac adjacent to Le Joubert Estate, for a top price of R11.5 million. This home provides a country lifestyle, without having to leave town, and boasts magnificent views across the Berg River Valley and the mountains.
Sarina Du Toit says, “The ongoing demand for luxury homes is further fuelled by the beauty of the area and its close proximity to Cape Town. With its wine estates, world-class restaurants, beautiful scenery including vineyard and mountain views, access to beaches and central location in the Boland, it appeals to a wide range of buyers across all age groups and sectors of the market. “Paarl offers a sense of community along with a typical outdoor lifestyle with lots of activities such as mountain biking, trail runs, farmers markets and numerous other leisure pursuits. It also has a well-established infrastructure and excellent medical facilities. The town is only 60km from Cape Town, less than 30km to Stellenbosch and about 55km to the beach in Strand. “The tourism offices in the Winelands are also pro-active in promoting this area and many people drive out to Paarl, Franschhoek and Wellington over weekends to experience all that it has to offer.”
Property buyers in Paarl aren’t limited to people living in the Western Cape, many buyers are South African ex-pats in the UK, as well as people from Gauteng, KwaZulu Natal and Oudtshoorn. According to Surina du Toit, most buyers purchase property in Paarl to use as holiday homes or weekend accommodation to visit their children who attend some of the country’s best schools in the area. Other buyers are looking for family homes in Paarl, while they commute to work in Gauteng or KZN.
Interesting properties on the market in Paarl:
Art-Deco masterpiece
This executive, luxury home priced at R5.95 million, is situated on the southern slopes of Paarl mountain, just a short drive away from all schools and the N1 highway. Not only does this home a newly renovated kitchen, but it also boasts spacious accommodation for the extended family or those working from home.
Victorian gem
This beautiful 4 bedroom, 4 bathroom home, priced at R7.295 million offers ample space for children to play and explore. This home has a large swimming pool with sparkling water feature, plus an undercover seating area can be used as a cellar for wine or converted into a gym. With both a formal and informal dining room, and French doors opening onto a patio, this home is perfect for entertaining and hosting small and large groups of friends or family.
Take a trip through Paarl in this spectacular video:
