The Cape winelands, traditionally regarded more as a weekend getaway and tourist hotspot than a primary home destination, appears to be a beneficiary of the pandemic-induced exodus out of major cities. The Paarl, Wellington and Tulbagh areas are all said to have recorded a particularly strong uptick in buyer inquiries.

Chris Cilliers, co-principal of Lew Geffen Sotheby’s International Realty in the winelands, says sales in the area have been "incredibly active" in the past six to nine months. Last year’s aggressive interest rate cuts to near 50-year lows have no doubt made it easier for people to sell and relocate or buy a second property in a destination of their choice...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.