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Property For Sale Or Rent: Mountain Residence (Ideal For Mini Horse Farm)

South Africa

Fouriesburg
Free State
South Africa

Property for sale: 286,000 € (Negotiable)

Mountain Residence For Sale in Fouriesburg, Free State South Africa

TYPE OF PROPERTY:At present operating as a Bed and Breakfast and
self catering units

SIZE:16 Hectares or 40 Acres

SITUATION: +4km on R711 between Clarens and Fouriesburg
Free State, South Africa.

DESCRIPTION:

Property in immaculate condition, net and tidy and well established.
Excellent views of the Maluti Mountain range.

TYPE OF PROPERTY:At present operating as a Bed and Breakfast and
self catering units

SIZE:16 Hectares or 40 Acres

SITUATION: +4km on R711 between Clarens and Fouriesburg
Free State, South Africa.

DESCRIPTION:

Property in immaculate condition, net and tidy and well established.
Excellent views of the Maluti Mountain range.
Terraced for further development.
All buildings have electronic alarm systems.

DEVELOPMENT:

Expansion as a bed and breakfast, self-catering business,
retirement village/complex,holiday farm.

BUILDINGS

HOMESTEAD

Built from sandstone and iron roof. â€“ Circa 1904 â€“ Completely restored.
260 sq. meters.
Original pressed tin ceilings
Oregon floors, doors and windows
All windows fitted with custom made imported lace blinds and Victorian style lace curtains
Lounge with gas fireplace (new)
Dining room
Kitchen
Pantry
Pub
Bathroom â€“ Bath/shower, new Victorian style basin and toilet. (Original claw-foot restored Victorian bath)
Office
Bedroom
Large veranda
New fascia boards
Newly painted
Seamless no maintenance gutters

Furnishings include: Bedroom â€“ new built in wardrobes
Pantry â€“ antique kitchen cupboard
Kitchen â€“ Bosch dishwasher, large defy turbofan stove
- 2 large antique kitchen cupboards.

BED AND BREAKFAST UNITS:

Garden cottage with 2 large suites

Unit 18ft x 18ft each or 119 sq. metres total
Wood cottage pane window and sliding doors
Sleeps two in each.
Both gas fireplaces
Bathroom â€“ Shower, basin & toilet
Open plan, bedroom and lounge.
Veranda with excellent views of the Maluti Mountain range.

Furnishings include: Custom made levalor blinds
Curtains
Fitted carpet
Ceiling fans with lights

Log Cabin

Family Unit
57 sq. metres
Sleeps four persons â€“ one double bed and two single
Bathroom â€“ Bath, shower and toilet
Basin in open plan, bedroom, lounge and kitchenette
Wooden deck with views of the Maluti Mountain range

Furnishings include: Fridge
Pine double bunk beds, pine double beds â€“ all with duvets, curtains/valances.
Pine mirror, pine chest of drawers â€“ pine worktable.
3 pine bedside tables â€“ ceiling fans with lights â€“ kitchen cupboard â€“ hot plate
Glass dinette table with 4 pine chairs.
2 carpets/miscellaneous mats.

EVERYTHING ONLY FEW MONTHS OLD

Please look for more information and photos on 16 pages under "Site" at the bottom of this page.

CONTAINER

To be used as a workshop or storage
30 sq. metres

A swimming pool can be installed in the garden in a few weeks time. It will cost about 35000 Rand (6000 $) for a 10 x 4 meter pool (33 x 13 feet).

WENDY HOUSE

Two Wendy houses currently in use as a utility room and studio
Furnishings include: Washer and tumble drier

OTHER INFORMATION

DAMS:3 â€“ 1 large and 2 small
3 boreholes.
Municipal water.

ELECTRICITY: 3 Phase

FENCES: Garden around homestead and Bed and Breakfast fenced with ranch fence.
Boundary of whole property â€“ wire fence â€“ good condition. The grazing is sufficient for 10 horses all year round..

Important income tax information

1) Foreigners who settle in South Africa will be exempt from South African tax on foreign pensions received provided these relate to past employment outside South Africa and are not deemed to be from an South African source. Social security payments from foreign governments are also exempt from tax.

People who are staying at least 183 days per year in South Africa are regarded as residents so the so-called â€œswallowsâ€�? can live less then 183 days in their other home.

2. As far as the individualâ€™s capital is concerned it does not really matter where it is invested because income earned from investments are taxable in South Africa no matter where they are earned in the world.

3) The purchase of and the investments in a farm is income tax wise very interesting for individuals who are actually living in a country which has a Double Taxation Agreement with South Africa like all Scandinavian countries, UK, Holland, Germany, France, Switzerland and Austria.

When they purchase namely a farm in South Africa in their personal name and become resident in South Africa then they can offset for 3 to 5 years the investments in that farm against the income acquired in their personal name in the present country of residence.

For the golf lover the Eastern Free State, and indeed the whole Free State, has an abundance of superb courses, both full size 18 hole courses, mainly under irrigation, and a few smaller "fun" courses with 9 holes, like those at Clarens, Kestell and Clocolan. The larger courses (like in Fouriesburg and Ficksburg) have bent-grass greens and most fairways are irrigated. The high altitude (5,000 Feet/1450 Meter) climate is generally not humid and makes for a great golfing climate. Green fees are so low that even Johannesburg golfers find it worthwhile to drive down for the day and play golf. Green fees of no more than R50/18 holes are the norm for non members and R25/18 holes for members. Membership fees at most 18 holes clubs are R1,000/year, in Bloemfontein and cities a lot more. A little further away, in places like Bloemfontein and Welkom are some of the best Golf courses in the country. The reasons for this is that in mining towns like Welkom, the mine companies spend a lot on recreational facilities and subsidise some superb facilities.

Fouriesburg, in the Free State province of South Africa, is close (8 Km/5 miles) to the border of Lesotho and, just like Clarens attractive for tourists due to being in the "Rooiberge" [Red mountains], the Golden Gate National Park and the Maluti Mountains in Lesotho. The Lesotho Trout Rivers are only a 45 minutes drive right up into the spectacular Maluti Mountains. The "Little Caledon" river which flows from Golden Gate National Park, near Clarens and then flows near Fouriesburg and joins with the Caledon river (boundary with Lesotho) is stocked with Trout and numerous farm dams are well stocked with Black Bass and Carp.

You have the rare opportunity to enjoy two to three months of guaranteed snow skiing on the longest slopes in Africa.
The magical setting of Afri-Ski, only one hours drive from Fouriesburg, is perfectly nestled in the heart of the Lesotho Malutiâ€™s.
The scenic Moteng pass (60 km of excellent newly tarred surface) guides you to the mystical Mahlasela valley (3222 m above sea level) which is guarded by the majestic Thaba Nhethenyane and Mount Aux Sources, the two highest peaks in the Maluti/Drakensberg ranges.

The sales price is 2,300,000 South African Rand. The sales price in Â£, â‚¬ or US$ is dependent on the exchange rate into South African Rand (25/03/05: Â£198,000 or â‚¬286,000 or US$370,000).

Please look for more information and photos on 16 pages under "Site" at the bottom of this page.

Property Summary