Located at the convergence of Olifants River and the Ga-Selati River, the town of Phalaborwa is a part of the Limpopo Province of South Africa. It runs along the eastern border of The Kruger National Park. It has got its name from the Sotho tribes who had moved to this region from the South. The tribal people call this place Ba-Phalaborwa that means better than the south. They named it so because they found this land better than their southern areas to settle down. They settled here and mined copper and iron from the mine for as long as 400 AD. Still, Palabora Mining Company is doing the same and one can find the largest man made hole of 2000 meters wide in this town.
This town is also known as the Valley of Olifants to many and due to its proximity to the Kruger National Park, it is one of the popular tourist destination in South Africa. Apart from that there are many other attractions too in the vicinity of the town and that includes God’s Window, the Three Rondavels, Bourke Luck’s Potholes and the Blyde River Canyon.
Most people who are interested in buying property in this region are aged between 20 to 50 years of age. This may be because people within this age explore this part of the globe with the hope of finding their fortune, in the tourism sector or the mining area. Naturally, the properties in demand vary from big properties with bungalows and swimming pools to ones that are small in size. Recent studies shows that most of the properties sold recently are ranging between R400 000 and R800 000. It constitutes most of the percentage of total sales of property. The trend keeps on changing depending upon the demand for property and the properties that comes up for sales.
The next thing to find out is about the type of properties mostly in demand. It is found that as the demand for properties is mostly among the young people they mainly look for urban type residencies with at least 400sqm in area. There are many who look for properties with at least 3 bedrooms and more bathrooms.
There are properties of different architecture like there are ones that are of modern architecture while others are of Tudor, Victorian or Georgian structure. The main things that most properties should have is open spaces and proximity to different modern amenities.
Phalaborwa.co.za is currently in the process of building an online Real Estate directory to help locals sell their properties. It will also allow users to browse the various homes for sale in Phalaborwa and search by particular aspects. If this is something you would like to be a part of please get in touch with us today.