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The new Preekstoel Beach Estate is considered not just a lifestyle investment but also an opportunity for a rental or capital return. This makes the sleepy seaside town of Stilbaai such a valuable investment option.
From Stilbaai’s safety and security to its attractive beachside holidays, we address the increase in demand for properties to let, and look at Preekstoel Beach Estate’s value proposition. Few areas are more in demand than the beautiful area of Stilbaai. Offering both safety and serenity, the small southern Cape coastal town of Stilbaai reminds us how life should be.
Stilbaai is experiencing a revival of investment interest, driven by a mixture of investor needs: the location of Stilbaai, property prices, fibre deployment, improved municipal efficiencies, commercial investment, and the semigration trends to coastal towns. There are a number of catalysts driving the value of Stilbaai and this is why so many South Africans are investing in the area and looking for attractive property investment returns.
The changing face of holiday habits feeding the investment demand
Stilbaai used to be primarily a holiday destination, where holiday-makers would descend into the area for just two or three weeks of the year. In fact, the little town’s population would go from 13,000 during the year to a staggering 100,000-plus during the December peak season.
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Now, families are taking advantage of long weekends and more frequent breaks to enjoy everything the small town has to offer. Additionally, longer-term rentals are becoming more and more popular with the widespread roll-out of remote working opportunities. All of a sudden, what used to be a peak-season dependent investment opportunity is now looking like a year-round investment.
Safety and security play their part
One of the most attractive aspects of Preekstoel Beach Estate in Stilbaai as an investment destination has to be the element of safety and security. As the constant threat of security issues continues to ail the rest of the country, Stilbaai municipality has a relatively unblemished safety and security history. In fact, the immensely popular and effective Stilbaai Security Network has done an incredible job of keeping crime rates at almost zero.
The Stilbaai Security Network is a non-profit initiative that installs and monitors security cameras in the Stilbaai, Jongensfontein and Melkhoutfontein areas. The project is sophisticated and even has licence plate recognition technology to monitor the streets day and night.
Small-town living a stone’s throw from the big cities
Another major reason we are seeing such a peak in demand for property in Preekstoel Beach Estate in Stilbaai is the fact that it offers on-the-beach small-town coastal living within an easy travel distance from bigger towns and cities. Mossel Bay is a mere 90km away, and George is an easy 150km. Additionally, and probably most importantly, Stilbaai is a manageable 350km from Cape Town, making it a perfect long weekend getaway spot.
If you are looking for a property investment that will, at the very least, outperform the bank and, at most, realise compelling returns, then Preekstoel Beach Estate in Stilbaai should be at the top of your investment destinations list.
