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Real Estate in Knysna, South Africa | Expat Exchange
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Real Estate in Knysna, South Africa

By Betsy Burlingame

Last updated on Nov 05, 2024

Summary: People living in Knysna, South Africa offer advice about real estate. How do you find a home in Knysna? Should you buy or rent? What is the cost of housing?

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How do I find a place to live in Knysna?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Knysna, involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from apartments, houses, or even guesthouses. Next, you should research the different neighborhoods in Knysna to find one that suits your lifestyle and preferences. Some popular areas include Thesen Islands, Pezula, and Leisure Isle. Once you have a clear idea of what you're looking for, you can start your search. There are several online platforms where you can find listings for properties in Knysna. Websites like Property24, Private Property, and Gumtree have extensive listings for Knysna. You can filter your search based on your preferences such as the number of bedrooms, bathrooms, and other amenities. Make sure to read the descriptions carefully and look at all the photos. If you're in Knysna, you can also visit local real estate agencies. They can provide you with listings and arrange viewings. Once you've found a place you're interested in, contact the landlord or real estate agent to arrange a viewing. During the viewing, check the condition of the property and ask any questions you may have. If you're happy with the property, you can then proceed to negotiate the terms of the lease and sign the contract. Make sure to read the contract carefully and understand all the terms before signing. Finally, once the contract is signed, you can arrange for the move. Remember to set up utilities and change your address with any necessary institutions. Remember, finding a place to live can take time, so be patient and don't rush the process," said one expat in Knysna.

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What is a typical expat home or apartment like in Knysna?

"A typical expat home or apartment in Knysna, is often a spacious, modern property with stunning views of the surrounding natural beauty. These homes are usually located in secure complexes or estates, offering a safe and peaceful environment. They often feature open-plan living areas, fully equipped kitchens, and multiple bedrooms and bathrooms. Many homes also have outdoor spaces such as balconies or gardens, perfect for enjoying the warm South African weather. Some properties may even have a private swimming pool. The interior design often combines contemporary style with traditional African elements, creating a unique and comfortable living space. The homes are usually close to local amenities, including shops, restaurants, and schools, making them convenient for everyday living. Many expat homes also offer easy access to the stunning beaches and lush forests that Knysna is known for," said one person in Knysna.

SJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

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Click connect to have our partner contact you via e-mail and/or phone.

SJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

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What is the average cost of housing in Knysna?

If you are thinking about moving to Knysna, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Knysna can vary greatly depending on the location and size of the property. As of recent data, a standard three-bedroom house in a decent neighborhood can cost around 2 million South African Rand. However, luxury homes with ocean views can cost upwards of 10 million South African Rand. It's important to note that these prices can fluctuate based on the real estate market conditions," remarked one member in Knysna.

Should I buy or rent a home in Knysna?

If you have not spent a lot of time in Knysna, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Knysna, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Knysna for a long period, buying a home could be a good investment. Owning a property allows you to build equity over time and could potentially provide a return on investment if property values increase. On the other hand, renting might be a better option if you're not planning to stay in Knysna for a long time. Renting offers more flexibility, as you can move without the hassle of selling a property. It also doesn't require a large upfront cost like a down payment, and the landlord is typically responsible for maintenance and repairs. It's also important to consider the current housing market in Knysna. If property prices are high and predicted to fall, it might be better to rent for a while and wait for prices to drop before buying. Conversely, if property prices are low and predicted to rise, it could be a good time to buy. Lastly, consider your financial stability. Buying a home is a significant financial commitment that requires a stable income to cover mortgage payments, property taxes, insurance, and maintenance costs. If your income is not stable, or if you have significant debt, renting might be a safer option. In conclusion, the decision to buy or rent a home in Knysna, South Africa, should be based on your personal circumstances, financial situation, long-term plans, and the current housing market. It's a significant decision that requires careful consideration and planning," remarked one member in Knysna.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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