Why should people invest in Kalk Bay and St James?

Of all the towns and villages in South Africa there must be very few, if any, who have a more interesting and fascinating history than Kalk Bay. Its modern day history started when the Dutch East India Company proclaimed Simon’s Bay a winter anchorage for their ships from May 15th to August 15th each year from 1742.

Today the village has once again changed its character and although the harbour and fishing still operates at low key, the village has become the centre of antique, art and bric-a-brac shops with many outstanding restaurants who, with excellent food, maintain the unique and special character of this historic harbour village.

The demand for property here far outweighs the supply and for the lucky ones who manage to snap up a piece of the area for themselves they are sure to enjoy their own little part of paradise.

Kalk bay and St James are part of only a few areas that managed to experience positive house price growth in the recession with St James boasting the distinction of taking top honours as the best overall performing suburb in SA over both two and five years (R1,5m and above). St James recorded an impressive 83,28% price growth in the five years to end-October 2010.

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