Plettenberg Bay, a picturesque coastal town along South Africa’s Garden Route, has seen property prices soar—doubling over the past five years. The average home now sells for nearly R5 million, with luxury properties reaching up to R80 million. This dramatic rise is driven by semigration trends, especially post-Covid, as buyers seek second homes and retirement havens in scenic, low-stress environments. While the boom has boosted the local market, experts warn that affordability is slipping out of reach for many South Africans.
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