Good idea: considering a move to Bloemfontein. Great idea: actually moving to Bloemfontein. The City of Roses has plenty in the bag when it comes to impressing buyers and renters alike. It ranks in the top 23% of least expensive cities globally, ensuring a low cost of living that's hard to beat. The city has a high ratio of affordable properties for sale and to rent. And beyond the price point, Bloemfontein also has a laidback lifestyle paired with all the amenities of a big city, from schools, shopping centres, healthcare facilities, to recreational spots. Pano Joannides, Owner of Century 21 Bloemfontein, shares why the area is great to put down roots and suburbs to explore.
An attractive address for buying or renting
Bloemfontein's hot property market has made it a favourite for students, young couples, families, retirees, and investors, says Joannides. "Firstly, it serves as the judicial capital of South Africa, drawing in professionals working in the legal sector.
"Additionally, its status as a major educational hub with institutions like the University of the Free State attracts students and faculty, creating a steady demand for rental properties.
"Furthermore, its central location within the country, pleasant climate, and relatively lower cost of living compared to major metropolitan areas make it an attractive destination for individuals and families seeking affordable housing options. Together these factors have created one of the Free State's most active property markets."
Inside Bloemfontein's real estate trends
According to Joannides, Bloemfontein's property market is seeing some interesting shifts. "There's been an increasing demand for secure estates and gated communities, driven by safety concerns and a desire for community living. Moreover, as convenience becomes a priority, there's also a growing interest in properties with modern amenities and proximity to essential services and recreational facilities.
"While loadshedding is always a concern, those on the property hunt are also looking for properties with energy-efficient features to meet sustainability goals. The rise of remote work is also impacting the market, with more individuals seeking homes that accommodate home offices and flexible living arrangements," he says.
The beauty of Bloemfontein living is that it can cater to your needs, especially if you look in the right suburb.
Property hotspots to add to your list
Each of Bloemfontein's suburbs offers its own unique amenities, lifestyle factors, and property options to accommodate different preferences and needs. Together with a local area expert, you'll be able to unlock some real property gems in these popular areas," says Joannides.
How to find your dream home in Bloemfontein
Joannides says finding the right fit when buying or renting can be a challenge. But there is some solid advice you can follow to find success. "Firstly, research the neighbourhood thoroughly, considering factors like safety, amenities, and proximity to schools and workplaces.
"Next, consider your long-term needs and future prospects when selecting a property, especially if you're planning to stay for an extended period.
"When viewing properties, it's important to inspect them carefully and consider factors like maintenance costs, security features, and potential for future renovations or upgrades.
"You should negotiate terms that suit your budget and preferences, whether you're buying or renting. A reputable property practitioner is invaluable in this respect. Choose to work with one who has local market expertise and can guide you through the process," he says.
Your go-to real estate agency
Thankfully, buyers and renters will find a trusted property partner in the area. "Century 21 Bloemfontein has an extensive network, experienced practitioners, and a commitment to providing personalised service to our clients," says Joannides. "We offer a wide range of properties to suit your diverse needs and budgets, backed by comprehensive market knowledge and expertise. Additionally, our professionalism, transparency, and dedication to client satisfaction contribute to our reputation as the top choice for real estate transactions in Bloemfontein. To get started, view our properties for sale or properties to let, and reach out to our team at your convenience."