Weekend Argus (Saturday Edition)

Freehold: R1 512 000 Sectional Title: R630000

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erational estate in the world.

This means properties on the estate are available for every life stage of occupants – starter home to retirement. In addition, there is a new extension, The Acres, where stands range in size from 700m² to 0,4 hectares. A limited number of 1ha erven will also be available, where owners will be able to stable horses or establish a small vineyard.

“Properties in prime positions in Paarl are always sought, but do not attain the top prices achieved on the estates. It is important to remember that buying on an estate is an investment in a lifestyle and comes with access to many facilities.

“The top price on Val de Vie has been R30 million and there have been several sales on the greater estate (Pearl Valley and Val de Vie) above R20m. This would be difficult to obtain in Paarl town.

“There are currently homes in the market up to R19m. However, most transfers at those prices in the past two years enjoy commercial zoning or the possibilit­y of further developmen­t.

“Paarl is a town embodying old-fashioned country living; it offers something for everyone.”

 ?? Cedar Lodge, a three-bedroom townhouse in Pearl Valley. ??
Cedar Lodge, a three-bedroom townhouse in Pearl Valley.

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