The towns of the Cape Winelands and Boland region have enjoyed a few prosperous years. Most notably, property prices are now reaching well over R10m to R20m, especially in Stellenbosch, says Pierre Germishuys, Seeff’s licensee for the areas.
The scenic surroundings, mountains, and valleys, and wine farms with their rolling vineyards all add to the allure. Close proximity to Cape Town is another benefit, and the new Winelands Airport under construction is set to add further to demand for property in the area, according to Seeff. Those who don’t buy choose to rent. Jana de Villiers, a rental agent with Seeff, says student rentals are very popular, and students now pay around R6 000 to R9 000 per person. From a general perspective, tenants look for townhouses in the R15,000 to R21,000, range, or houses in the R22,500 to R37,500 per month range.
Paarl is also very popular for rentals, says Charmaine Van Jaarsveld, a rentals agent with Seeff. Boschenmeer, Oude Chardonnay and Le Parc are popular, and most tenants tend to look at in the R12,000 to R25,000 per month range. High end rentals such as Sante Winelands Estate can go up to as much as R66,000 per month.
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