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Real Estate in Franschhoek, South Africa | Digital Nomad Exchange
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Real Estate in Franschhoek, South Africa

By Betsy Burlingame

Last updated on Jan 12, 2024

Summary: People living in Franschhoek, South Africa offer advice about real estate. How do you find a home in Franschhoek? Should you buy or rent? What is the cost of housing?

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How do I find a place to live in Franschhoek?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Franschhoek, involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a small apartment to a large family home, or even a farm property, as Franschhoek is known for its vineyards. Next, you should research the different neighborhoods in Franschhoek to find one that suits your lifestyle and preferences. Some areas may be closer to amenities like shops and restaurants, while others may offer more peace and quiet. Once you have a clear idea of what you're looking for, you can start your search. There are several online property portals that list properties for rent or sale in Franschhoek, such as Property24, Private Property, and Pam Golding Properties. These websites allow you to filter your search based on factors like price, property type, and number of bedrooms. In addition to online searches, you may also want to consider hiring a local real estate agent. They can provide valuable insight into the local market, help you negotiate prices, and guide you through the legal process of buying or renting a property in South Africa. When you find a property you're interested in, arrange a viewing. This will give you a chance to inspect the property in person and ask any questions you may have. If you're renting, this is also a good opportunity to meet the landlord and discuss the terms of the lease. Finally, once you've found a place you're happy with, you'll need to secure it. This usually involves signing a lease agreement or contract of sale and paying a deposit. Make sure you understand all the terms and conditions before signing anything. Remember, finding a place to live can take time, so be patient and don't rush the process. It's important to find a place that you'll be happy with in the long term," remarked one member in Franschhoek.

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What is a typical expat home or apartment like in Franschhoek?

"A typical expat home or apartment in Franschhoek, is often a blend of modern and traditional architecture, reflecting the rich history of the region. These homes are usually spacious, with large windows that allow plenty of natural light and offer stunning views of the surrounding vineyards and mountains. The interiors are often tastefully decorated, with a focus on comfort and luxury. Many homes feature open-plan living areas, with a seamless flow between the kitchen, dining, and living room. The kitchens are usually modern and well-equipped, often with high-end appliances and finishes. Bedrooms are typically large and airy, with en-suite bathrooms and ample closet space. Outdoor living is a significant aspect of life in Franschhoek, so many homes have beautiful gardens, patios, or balconies. Some properties may also have a swimming pool or outdoor barbecue area, perfect for entertaining guests or enjoying the warm South African weather. Despite the luxurious feel, there's often a sense of homeliness and warmth to these homes, reflecting the welcoming and friendly nature of the local community. Many expats choose to live in gated communities or secure estates, which offer additional amenities such as communal pools, gyms, and sometimes even restaurants or shops. Overall, a typical expat home in Franschhoek offers a comfortable, luxurious lifestyle, set against the backdrop of one of South Africa's most beautiful landscapes," explained one person living in Franschhoek, South Africa.

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What is the average cost of housing in Franschhoek?

If you are thinking about moving to Franschhoek, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Franschhoek, can vary greatly depending on the type and size of the property. However, it is generally considered to be quite high due to the area's popularity and prestige. For a standard three-bedroom house, buyers can expect to pay in the region of several million South African Rand. Luxury properties and vineyard estates in this region can cost significantly more. It's important to note that these prices can fluctuate based on market conditions and other factors," remarked one member in Franschhoek.

Should I buy or rent a home in Franschhoek?

If you have not spent a lot of time in Franschhoek, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"Whether to buy or rent a home in Franschhoek, depends on several factors. If you plan to stay in the area for a long time, buying a home could be a good investment. The real estate market in Franschhoek is robust, with a variety of properties available, from luxury villas to charming cottages. Buying a home would also give you the freedom to customize your living space to your liking. On the other hand, if you're not sure about your long-term plans or if you prefer not to deal with the responsibilities of home ownership, renting might be a better option. Renting a home in Franschhoek can offer more flexibility, as you can move more easily if your circumstances change. It also means you won't have to worry about maintenance or property taxes, as these are usually the landlord's responsibility. Another factor to consider is your financial situation. Buying a home requires a significant upfront investment, including a down payment and closing costs. Renting, on the other hand, typically involves lower initial costs. However, buying a home could be more cost-effective in the long run, as you'll build equity over time. In conclusion, the decision to buy or rent a home in Franschhoek depends on your personal circumstances, including your long-term plans, your financial situation, and your preferences regarding flexibility and responsibility. It's important to carefully consider these factors before making a decision," explained one expat living in Franschhoek, South Africa.

About the Author

Betsy Burlingame Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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