The recent awarding of Blue Flag status to no fewer than 14 Western Cape beaches is a clear indicator of the value of the province's coastal property.
So says Laurie Wener, MD of Pam Golding Properties' Western Cape metro region.
Run by an independent non-profit organisation based in Denmark, the international Blue Flag programme recognises beaches for their levels of safety, cleanliness, water quality and environmental management. Seven beaches in Cape Town alone received the prestigious eco-label.
SA coastal property offers superb value
"Around the world, prime beachfront property comes at a premium," says Wener. "And in South Africa it is no different. The Western Cape in particular is home to some of the most scenic locations in the country and, indeed, the world. Yet when one compares our prices to those in similar locations overseas, it is clear that our coastal property also offers superb value for money.
"This international recognition of the quality of our beaches only reinforces the value of these properties and their global appeal. We are very lucky that in the Cape metro area, these beaches are easily accessible and offer numerous different lifestyle options for buyers seeking beachfront homes."
Among the local beaches awarded Blue Flag status were two on the Atlantic Seaboard — Clifton Fourth Beach and Camps Bay. The latter is enduringly popular with a wide range of buyers, as it offers everything from compact apartments and townhouse complexes to larger family homes. The location between mountain and sea, the close proximity to leading government and private schools and the easy commute into the CBD make it a sought-after home for businesspeople, families and young professionals who enjoy the cosmopolitan vibe of its beachfront strip.
Clifton prices can exceed R40-million
Clifton Fourth attracts a smaller, more exclusive market, says PGP's area manager for the Atlantic Seaboard and City Bowl, Basil Moraitis. "There are only about 100 beachfront bungalows in the Clifton area," he says, "and these are particularly popular with our international buyers as well as local captains of industry. Bungalows rarely come onto the market and offer a totally unique beachfront lifestyle, some with the added bonus of a north-facing aspect, which is very rare in this area. Prices start at around R12-million and can exceed R40-million for a new home.
"There are very strict regulations on these dwellings, leaving little leeway to change their size or layout. This means that owners' views and privacy are secured for the long term.
"Besides the restrictions on structural changes, there are also ownership regulations — for example, bungalows are not permitted to be purchased by companies or trusts. The end result is that the unique character and identity of these homes is being preserved and this is a major draw-card for international buyers who have seen other global beachfront communities ruined by rampant unchecked development."
Most popular for swimming
On the Cape South Peninsula, Muizenberg beach was again awarded Blue Flag status this year. The beach is one of the city's most popular for swimming and surfing, with the surrounding village offering an eclectic mix of historic homes, national monuments and modern developments. Says PGP's area manager for the South Peninsula, Sandi Gildenhuys: "Muizenberg offers a charming village atmosphere and idyllic coastal lifestyle that is both affordable and conveniently located close to major amenities and work opportunities. Apartments situated close to the beach can still be obtained for as little as R550 000, while one can buy a larger family home from R1.2-million. Larger modern homes can be bought at a higher price tag, while those situated on the mountain slopes with ocean views tend to be priced in excess of R2.2-million with the signature grand homes of the suburb well in excess of R5-million. Article continues on page two: fancy a home in Blue Flag Big Bay or Yzerfontein?


