Franschhoek is located in the Cape Winelands and is well known as South Africa's food and wine capital. You will find plenty Galleries and antique shops in Franschhoek 's tree-lined streets.
All the draw cards traditionally recognized as making Franschhoek attractive –
Franschhoek's wonderful climate, its delightful relaxed atmosphere, its splendid mountain scenery, its vineyards and its internationally recognized restaurants are some of the features that make Franschhoek the perfect place to buy a property.
Franschhoek has 3 active suburbs.
Between 2016-01-01 to 2016-12-31:
Compared to the previous year(2015-01-01 to 2015-12-31):
Full Title and Sectional Title sales in Franschhoek had a combined value of R 575,660,693 with a median price of R 1,950,000 compared to R 704,921,980 with the median price of R2,387,500 for the prior period.
Full Title sales in Franschhoek had a total value of R 504,554,514 with a median price of R 2,300,000 compared to R 625,614,901 with the median price of R3,000,000 for the prior period.
Sectional Title sales in Franschhoek had a total value of R 71,106,179 with the median price of R 1,775,000 compared to R 79,307,079 with the median price of R1,400,000 for the prior period.
For more information regarding property valuations and suburb trends for Franschhoek visit www.SAPTG.co.za
Despite what appears to be almost phenomenal price rises, the number of buyers at Franschhoek is increasing year-on-year. Foreign buyers are still much in evidence, but the big upswing has come from Cape, Gauteng and other upcountry buyers.” This change in the buyers’ profile is at least in part due to the ability of so many people today to run businesses from their home, working either part or full time from the place where they live spurred on by Franschhoek’s very low incidences of serious crime.
The ideal summer weather, snowy peaks in winter and proximity to Cape Town have turned Franschhoek into one of South Africa's most sought after residential addresses. There can be fewer better property buys for those looking for capital growth and a pleasant lifestyle than a Franschhoek property.