The Western Cape town of Napier, closing in on its 200th birthday, is experiencing a surge in property sales, according to Marthie Jones, the Rawson Property Group’s franchisee for the area.
“Napier has always been something of a hidden gem, but we’ve seen a big spike in interest over the last few years,” she said, attributing the increased popularity to comparatively affordable property prices, the wealth of natural beauty, historic architecture, and activities and amenities.
Jones said many recent sales have come from city dwellers, including those from Cape Town, Johannesburg, or neighbouring towns like Bredasdorp.
Jones estimated that 80% of Napier’s properties are currently permanent residences, and 20% are holiday homes or short-term accommodation – though this trend is changing.
“We’re also seeing an increase in demand for short-term rentals,” she said, noting that property prices are very affordable. “At present, a small, one-bedroom cottage in Napier will cost you upwards of R800,000,” said Jones. “The old, historic houses start at R1,4m, and vacant stands can be bought from R225,000. Smallholdings are available from R2,8m.”
Photo: A view of Napier, a small historical town located in the heart of the Overberg region.