Dec
2018
St Francis Bay in the Eastern Cape is a resort holiday town roughly 1 hours’ drive from Port Elizabeth.
As a holiday resort town it could resemble Sicily in Italy with its architecture and set against the sand dunes it paints the prefect Indian Ocean hideaway.
The Tsitsikamma National Park and of course the white beaches of St Francis Bay are just some of the appeal to the region. The other is the homes in the small fishing town.
When compared to a residential suburb in term of usage and value St Francis homes are categorised as a middle-class suburb. Something that is quite unique to St Francis Bay is the waterways which form part of the marina and also adds a sense of exclusivity to homes on the marina.
The property usage will attract a sizable market and apartments are ideal as the lock-up and go holiday apartment for the younger generation and there are of course larger apartments which will suit larger families. These apartments are in high demand in holiday season and whale season which is one of St Francis Bay’s major attractions.
Rental income could be an all year income source as the region is frequented by foreign tourists all year round.
Most of the older homes in St Francis Bay tend to be more rustic Cape Dutch which blends in perfectly with the scenery and adds a quaint atmosphere to the town. There are some of the more traditional or contemporary styles with a Mediterranean style which also fits in perfectly with the setting.
For investors within the hospitality industry St Francis Bay will not disappoint as there are a number of vacant stands which are large enough to build the ideal Inn or guest house and there are also a number of guest houses which come onto the market from time to time at reasonable prices.
Take a tour of the homes in St Francis Bay, Eastern Cape via the Myroof web-site.
