After months of people being locked down, demand for properties in coastal towns like St Francis Bay is rising rapidly.
St Francis Bay was never one to follow trends. As is the case in the rest of the Eastern Cape, property values in the picturepostcard town have remained surprisingly resilient during the pandemic, with local agents, Pam Golding St Francis Bay, recording 2021 as their best ever sales year. In the last 12 month alone, they have closed deals worth a combined R337 million, and 2022 is set to be even better, thanks to the completion of Homestead Views Security Estate.
Location, location, location
Enjoying a prime spot in St Francis Bay and overlooking the beautiful town of St Francis, this is definitely a place to write home about. Living here means that you are within walking distance of all the best amenities, with some of the country’s finest Blue Flag beaches right on your doorstep. Keen golfers can tee off at one of two world-famous golf courses, while the rest of the family can enjoy a wealth of outdoor activities on the meandering canals and at St Francis Port. If you’ve been yearning for outdoor sea-living, then you have come to the right place, with a sunny north-facing sea view offered from most homes on the estate.
The very best design and finish
Each unit has been meticulously designed for contemporary living by developers Lifestyle Village Holdings, who have been active in the area for the last two years. Buyers can choose their own tiles for the kitchen, living areas and bathrooms, and will be able to enjoy the use of a fully fitted kitchen with granite tops and state-of-the-art gas hobs and electric ovens.
Development Features
This bold new development is at the heart of St Francis Bay, ensuring easy access to amenities, and includes a number of key features such as:
- smart metering
- electrified perimeter fence
- rainwater harvesting
- modern and spacious designs
- high-speed internet
- and stunning sea views.
The freestanding homes also come with a garage that leads directly into the scullery, which in turn opens into the enclosed yard. A high-speed internet connection has already been installed, and the estate is secured by electric perimeter fencing and monitored access control.
The developers have made an extra effort to design and build with the environment in mind, and homeowners can benefit from two 2,500-litre water tanks in their garden for rainwater harvesting, as well as solar geysers, and full title units will be ‘inverter ready’ for battery storage to help alleviate the inconvenience of loadshedding. Other energy-saving features include smart metering and the use of LED lighting throughout the home, which are welcome cost-saving measures for any homeowner.
Massive confidence boost for buyers
Homestead Views is being developed on a 5-hectare site on the corner of the R330 and is the last phase of the existing Homestead Village, which was developed 15 years ago. Once complete, the estate will have a combination of 57 full title homes and 46 two- and three-bedroom sectional title apartments. The first two sectional title blocks have been sold out. The remaining sectional title blocks are selling out fast. In addition to the units, the development offers 18 garages and 18 mini storage units for sale or rental.
As well as being competitively priced (apartments start at just over R1 million, while a three-bedroom home can be snapped up for R2.3 million including plot, VAT and transfer costs), all of the major banks have also approved bonds of up to 100% for all units on the estate. Not only is this great for first-time buyers wanting a leg up on the property ladder, but it is also a huge confidence boost to investors, highlighting the exceptional value and track record of returns in St Francis, which are almost double the national average. Homestead Views Estate really does tick all the right boxes.
