Entry level prices have increased substantially. The entry level for apartments is R800,000. Vacant land starts at about R275,000. The entry level for houses is around R1,8 million, though there are cheaper options in areas surrounding Plett. It is becoming increasingly difficult to find houses below R2 Million.
According to the 2018 AfrAsia South Africa Wealth Report, produced by New World Wealth, Plettenberg Bay is the third top location in the country for R20 Million + homes, after Gauteng and Cape Town. Outside of Cape Town, Beachy Head Drive is the most expensive road with land costing ±R43,000/m². The report went on to predict that Keurbooms and Nature's Valley will be the next hotspots for homes over 20 Million.
"Real estate investing even on a very small scale, remains a tried and true means of building an individual's cash flow and wealth."
Prime commercial/residential property for sale in Plettenberg Bay
Fantastic opportunity to buy your own unique commercial and residential property in Plett. Situated in the Main Street the property comprises of a commercial multilevel shop, zoned business 1 with a 4 bedroom penthouse above and off street parking and single garaging. The penthouse is on 2 levels, both having lovely sea and mountain views and patios for outdoor entertaining. In the garden there is a separate open plan cottage , perfect for extra income.
This is an unique property with so many opportunities so don’t delay.
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