Tuesday 1 September 2015

BUYING PROPERTY IN HOEDSPRUIT

Are you looking for a home in the bush?

Hoedpruit is surrounded by several Private Game Reserves, and as such has some of the best game viewing in South Africa. This picturesque little town is situated at the foot of the Klein Drakensberg Mountains in the Limpopo province, and offers some of the most sought-after, prime wildlife real estate in the country; combined with a unique Lifestyle of African bush and modern conveniences.



Hoedspruit boasts many different lifestyle facilities such as shops, banks, restaurants, schools and medical facilities; as well as many interesting places of interest.  It is home to the Hoedspruit Endangered Species Centre, Maholoholo Wildlife Rehabilitation center, the ‘Stop Rhino poaching’ project, the magnificent Blyde River Canyon, White lion breeding project, Kapama, Timbavati, Balloon Safaris, Elephant back Safaris, bush and nature trails, to name a few;  and is only 90 km away from the Kruger National Park. The weather is great, and the best time to visit is ‘Anytime,’ thanks to the sub-tropical climate and mild winters.



Tourism has been a major contributor to the local economy because of its close proximity to Kruger National Park, and while the town has grown remarkably, it has still maintained its rustic charm which has attracted residents and visitors to the area;  resulting in Hoedspruit becoming a premier destination for eco-tourism, as well as for the volunteer tourist. One of the charming qualities of life in Hoedspruit is the regular sighting of tourists travelling in and around the town in an open safari vehicle, going about their business, or arriving back from an exciting Big 5 game drive.



Buying property in Hoedspruit is a fantastic investment, both as a primary home, or as a secondary/holiday home.  Rental returns are good, and records reveal that although property prices took a dip in 2008, they picked up again in 2009, and continued to grow steadily each year until 2011, where the average price of a home in the area reached a record high of R 825 000.



It is interesting to note that the trend from 2010 to 2012 was that nearly half of the buyers were between the ages of 18 and 35 years old, while 50 percent of sellers were aged between 50 and 64 years old.  What this shows is that the demand for the lifestyle and the area is on the ‘up,’ and has contributed towards an actively functioning sales market; which for the long term investor, means an opportunity for excellent returns.

To view our latest properties for sale and other info about the area, click here, or contact us.