Preference for Smaller Cities (Retirement Estates)
According to the New World Wealth survey in South Africa, many South Africans (especially those above 60 years old) are moving away from the big cities towards the smaller cities and towns, which are often safer and better run, with towns in the Cape Winelands, Garden Route, and Whale Coast becoming the popular destinations.
Also, affluent buyers are steadily gravitating away from houses to luxurious apartment areas, wildlife, and parkland estates, due to stable costs, safety, security, less general maintenance, and more space. Some notable wildlife estates include Royalston Coastal Wildlife Estate, Hoedspruit Wildlife Estate, Raptor’s View Wildlife Estate, and many more.