Situated on a sprawling 3-hectare plot of land in the picturesque Spanish Farm area of Somerset West, a luxurious property has emerged onto the real estate market, offering an exclusive retreat for discerning South African buyers. With a price tag of R37.5 million, this Spanish hacienda-style estate, listed by Peter Venter Estates, presents a unique blend of elegance, tranquility, and development potential, making it a coveted investment opportunity in the region.
Described as a spacious and elegant retreat, the property provides a perfect balance of rural charm and urban convenience. Nestled amidst olive trees and a private forest, the estate offers a serene ambiance while being just a stone’s throw away from the bustling town center.
The main house, boasting classic Spanish architectural elements, features four bedrooms, three bathrooms, and a plethora of inviting living spaces. A large living room with a fireplace sets the tone for cozy gatherings, while a formal dining room provides an ideal setting for elegant entertaining. The country kitchen, equipped with modern amenities, offers a perfect space for culinary enthusiasts, while a cozy study/hobby room provides a tranquil escape for work or leisure.
The master suite, complete with built-in cupboards and an en-suite bathroom, exudes comfort and luxury. Additionally, the outdoor area beckons with its inviting swimming pool and covered patio, offering an ideal setting for alfresco dining and relaxation. Although the tennis court requires some attention, it presents an opportunity for recreation and leisure activities.
In addition to the main house, the property includes two flatlets, providing flexibility for guests or potential rental income. Furthermore, the fourth bedroom, with its private entrance and lounge featuring a built-in wood-burning fireplace, can serve as a separate flatlet, adding to the estate’s versatility.
According to Fine & Country, the property holds significant development potential, with its current agricultural zoning allowing for subdivision and further development. This opens up avenues for expansion or investment in additional amenities, catering to the evolving needs of the discerning South African market.
With its blend of luxurious living, natural beauty, and development prospects, this Spanish Farm estate presents a rare opportunity for buyers seeking exclusivity and potential returns on investment. Whether as a private retreat, a lucrative rental property, or a development venture, this estate offers endless possibilities for those looking to make a statement in the South African real estate landscape.
As the images below showcase, this property epitomizes the epitome of sophisticated living against the backdrop of Somerset West’s stunning landscape, making it a must-see for prospective buyers seeking the ultimate in luxury and potential in South Africa’s real estate market.
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In conclusion, the Spanish Farm estate in Somerset West stands as a testament to luxury, tranquility, and investment potential, offering an unparalleled opportunity for South African buyers to indulge in the epitome of elegant living amidst natural beauty. With its prime location, exquisite amenities, and development prospects, this property promises to captivate the imagination and fulfill the aspirations of discerning buyers in search of the perfect retreat or investment in the vibrant South African real estate market.