Factors driving first-time buyers to Nelspruit
Category General News
Nelspruit (now known as Mbombela) remains a popular place to put down roots. The capital of Mpumalanga has impressed those on the property search with its warm weather, exceptional lifestyle, top amenities, and close-knit community spirit. If you're a first-time buyer looking for your starter home, you can't go wrong with this area. The gateway to the famous Kruger National Park has so much to offer! Here are some of the factors to consider in making the Nelspruit area your home.
Affordable property pricing
Ooba, the home loan comparison service, reports that the average purchase price for a house in South Africa is R1,389,715. With the average property selling price in Nelspruit sitting around that mark, the area is incredibly attractive. If you'd like to make the switch from tenant to homeowner, you'll be able to afford bond payments close to your rent payments.
Kellaprince Properties offers a range of properties whatever your budget. You can easily buy a lock-up-and-go apartment in Nelspruit's CBD for R650,000. Or you can find a three-bedroom complex home for R1,250,000 close to all the amenities you love.
Thriving buyer's market
As South Africa remains in a buyer's market, it's a great time to buy your first property in Nelspruit. The area's property market remains strong, with plenty of options available for consideration. The ongoing interest rate hiking cycle may not match the record lows of 2021 but is still affordable enough to consider taking the next step. Banks are also approving more home loans and with more favourable conditions.
Added to this, as a first-time buyer, you could potentially qualify for FLISP. The housing subsidy has been adjusted upwards to a R1,850-R22,000 gross monthly income, opening up funding for a greater range of people.
Exciting property options
Nelspruit offers a mix of freehold properties and sectional titles. As a first-time buyer, you can find apartments, flats, townhouses, guest houses, gated estate homes, and even vacant land to build your dream home. And if you're looking to bring along your parents, there are also a number of upmarket retirement villages in the city.
Of note is the new Green Valley Estate, a secure residential estate on the edge of the bustling Riverside precinct. Enjoy the vibrant energy and convenience of city living along with a natural greenbelt on your doorstep.
World-class amenities
Another drawcard is Nelspruit's stellar amenities on offer. Wherever you choose to buy, you'll have access to fine educational institutions such as Nelspruit Primary School, Curro Castle Nelspruit, Hoërskool Nelspruit, and Lowveld High School.
For healthcare, you can turn to several private healthcare providers and clinics. The city's main hospitals include Busamed Lowveld Private Hospital, a fully established overnight surgical hospital, and Rob Ferreira Hospital, a public hospital.
Whether you're shopping for daily essentials or treating yourself to retail therapy, Nelspruit's malls will be sure to delight. Popular stops include i'langa Mall, Promenade Shopping Centre, and Riverside Mall.
The Capital Mbombela, a 205 million rand project, is also set to change the face of the city's hotel and accommodation industry. It will offer a conferencing facility, 100 hotel rooms and 50 apartment-style rooms, an exclusive restaurant and bar, and numerous other amenities.
Desirable lifestyle for all ages
There's a reason Nelspruit enjoys a steady stream of tourists and semigrants from other provinces. The area offers access to some of the country's top attractions fit for all members of the family.
The Lowveld Botanical Gardens is a tranquil getaway with its manicured gardens, rivers, forests, and waterfalls. Emnotweni Casino makes for an exciting outing with gaming, live experiences, events, cinema shows, and tasty meals. For water park thrills, head to Mafunyane Riverside Water Park for super slides and sparkling pools. And, of course, the Kruger National Park is an hour away for a safari adventure.
Investment in the city
An attractive feather in Nelspruit's cap is the concerted effort by the local community to enhance the area's liveability. Our Mbombela is a community project aimed at restoring and maintaining the city's spaces to keep it and its people safe from crime. With the support of prominent organisations, businesses, and residents in the area, it has gained significant traction. Besides this, local artists have also given the city extra colour by painting stunning murals at bus stops.
Make your move to Nelspruit
Taking your first step onto the property ladder can be an exciting but daunting experience. Thankfully, Nelspruit is an excellent area for first-time buyers. With Kellaprince Properties, you'll find a home that ticks every box on your list. View our properties for sale to get started. Our expert property practitioners look forward to finding one best for you.
Author: Kellaprince Properties