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SD Property Group weekly newsletter

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The Susan Deacon Property Groups weekly newsletter for 16 August 2010

http://www.susandeacon.co.za

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SD Property Group weekly newsletter

  1. 1. Trouble viewing this email? View in your browser Website Welcome Index Property for Sale Weekly Property Feature Guesthouses/Hotels New Release Property The strong rand and the recent surprising fall in inflation is generating Developments scope for another rate cut.  The rand has been relatively strong in the past  From the Desk of Marcel Winelands Properties few days while inflation fell more than expected to 4.2 percent in May.  The  Deacon International Property unit expects a 50 basis-point cut in interest rates when the South African International Property Property for Rent Reserve Bank's (Sarb) Monetary Policy Committee meets in September. Articles Accommodation SA Events/ Things to do Several factors have been driving rand strength, including a firmer euro, News Cafe Recipes strong inflows into the bond market and expected strong inflows from the 2010 Fifa World Cup possible sale of Dimension Data (Didata) to Japanese company Nippon Property Finance Telegraph and Telephone. Another rate cut would assist the moderate economic recovery but some have pointed out that steeper rate cuts should have been made last year for them to be more effective.  We will just have to wait and see what will  happen in September. Weekly Property Feature             CAPE TOWN - R399 000     HEROLDS BAY - R1 500 000 KEY FEATURES     • Tenants with 3 year contracts   Estate situated East of Herolds Bay is • Management Company ensure a   uniquely located. The estate is Hassle Free Investment HEROLDS BAY - R1 890 000   wedged between the warm Indian • All Costs Inclusive   Ocean and Oubaai Golf Estate, an • Ground Floor Apartments have Charming log home with   Ernie Els signature golf course. The large Enclosed Gardens 3 Livingareas, open plan kitchen,   dramatic cliffs with sweeping views • Kitchen Fitted with Oven, Hob & walk-in pantry, 3 bedrooms, 3 towards Wilderness to the East and Granite Tops bathrooms, study and double Mosselbay to the West will leave you • Covered Parking garage. spell-bound. Across the Gwaing river • Communal Barbecue Area with Read more. on the eastern side you will find Le Swimming Pool Grand George, a Greg Norman golf • Easy Access to Beaches, Shopping course.  Mall & Scenic Routes Read more. • Remote Controlled Gate with Guards     Read more. New Release Property   Tramonto - Weddings & Events               PAARL - R16 000 000  
  2. 2.     Award winning boutique hotel with an historic   homestead carefully restored to its former glory and   surrounded by manicured gardens in the hart of the   Cape Winelands. The hotel is voted of one of the top 10 PAARL - R14 500 000    Winelands sleepover destination and the restaurant is   selected as one of the top 100 in South Africa in the This magnificent property with a homestead designed by prestigious Wine Magazine. The spacious luxurious Sir Herbert Baker is situated in the middle of the   rooms are individually furnished and have all facilities of winelands. Established gardens with lots of roses.   a 4 star hotel (some of the rooms have self-catering Beautifull views. Small vineyard. Country living close to   facilities). From the large terraces and pool gardens, Town. guests may enjoy the sunrise through dappled oak trees Read more. over the majestic mountains beyond. The hotel caters for corporate as well as private functions and has a special wedding planning service. Going concern, lock-stock and barrel.   Read more. From the Desk of Marcel Deacon WHAT DOES SPORT MEAN TO PROPERTY   Global sporting events tend to not only significantly raise the status of the game, but also property prices in the host city and bring with them a cornucopia of associated benefits. According to past international sporting events have proved that being a host city brings investment in public infrastructure, urban regeneration, a significant social impact and an increase in property values. On average, the previous Olympic host cities of Athens, Sydney, Atlanta and Barcelona all outperformed their national markets, with 19% higher property prices in the five years leading up to the games. Similarly, before and after the 2002 World Cup in South Korea, property prices  increased by as much as 55% over a one-year period before and after the tournament, with properties near the stadiums rocketing by more than 100% in value. The 2010 FIFA World Cup has and is going to have a dramatic impact on the country. It is estimated that over 370,000 tourists visited South Africa during the World Cup. They stayed an average 18 days and each spend around R30k (US$4,500), therefore  injecting much-needed money into the economy. Thanks to the World Cup, over R40bn (UD$5,45bn) has been spent on upgrading the country's infrastructure, including roads, airports and public transport as well as the stadiums. The long-term benefits include the increase of tourism and the creation of thousands of new jobs. This will, in due course, translate into thousands of new homebuyers and owners. Read more. International Property FLEURS DE CANNES - MAURITIUS    The Villas Fleurs de Cannes were designed according to the promoters and investors expectations of a Tropical habitat. Fleurs de Cannes Villas honour the high standard expected of a well designed house, both in functionnality , space, comfort, security and high quality environment. Villa Fleurs de Cannes will definitely charm its owners. 17 T5 villas of 225 mm at the heart of a secured allotment with swimming pool/kiosk, overhanging a green valley. Within a few steps of hot white sanded beaches and crystal clear lagoons of Grand Bay. Enjoy the sweeping views and relax at your new recreational centre offering squash sports and a fitness room. Be among the first to acquire one of the 17 Fleurs de Canness RES villas, a new real estate project to be developed by Heritage Promo Ltd on a 8 352 mm site in the white sand beaches region of Northern Grand Bay. Enjoy sweeping views of enchanting land of billowing sugar cane fields, breathtaking sunlit mountain ranges and turquoise coloured lagoons.
  3. 3. sweeping views of enchanting land of billowing sugar cane fields, breathtaking sunlit mountain ranges and turquoise coloured lagoons. The villas Fleurs de Canness are designed so that their construction is in harmony with its landscape environment. Only one type of villa was distributed across the plot, in order to adapt the construction as well as possible to the weak slope ground. Constructions are established closest to natural ground. Entry and exit to the residence are done through a principal access guarded by a security officer and is to the south- east of the site. The principal alley which serves all 17 villas is planted with royal palm trees. The whole plot was designed in such a way to guarantee a home feeling of peace, calm and serenity. Read more. Articles SA's FASTEST RISING HOUSE PRICE CITIES SHOULD I SELL OR RENT OUT?   House prices in the cities of Cape Town and In a tight economy employees must go where the work is Johannesburg have shown the steadiest increase of all - but that raises questions about what to do with your the major metropolitan areas in the country since the property when you are offered a contract in another city or turn-around from negative growth in the second quarter country. of 2009. This is according to the latest house price index released by property research group Lightstone. The The options need careful consideration. The benefit of index (recorded until March 2010) also shows that selling is that you make a clean break, while renting out properties in the ‘affordable' band are performing well your property means that you will have a home to come above other bands like the ‘luxury' and ‘mid value' bands. back to when the contract period is up - and that hopefully that home will have appreciated in value in the Although Johannesburg has led the pack in annualised interim. month to month house price inflation for 2010, the city's figures took a dip from 8.7% in January and 9.2% in For homeowners with a large bond outstanding on the February to 8.6% in March. Cape Town however did not property, however, selling is arguably a better option. The see the same reversal. Figures for the Mother City were costs associated with a rental property can swallow a 7.7% in January, 8.8% in February and 9.0% in March large portion of the rental income, leaving the owner to 2010. In the February/March period figures for the rest of make up the difference between real rental income and the metros remained flat, accept for eThekwini which the costs of servicing the bond. And that can be onerous rose from 5.4% to 5.5%. The Nelson Mandela Metro if he still has to pay his own rent - or service a bond on fared the worst over this period declining from 2.0% to another property - in his new location. 0.8%. Read more. Read more. SOUTH AFRICA's TOP 10 SHOPPING CENTRES SA WELCOMES UK ON VISAS     SA's TOP 10... shopping experiences South Africa's Tourism Minister Marthinus Van Schalkwyk Whether it’s fashion, food or fun you’re after, South Africa has welcomed announcements by UK Prime Minister plays host to a wealth of shopping malls, centres and David Cameron regarding Britain's intention to review lifestyle developments, each offering luxury, glamour and aspects of its visa system top-class retail therapy Although Cameron did not commit to removing visa V&A Waterfront requirements for key source markets in his first major speech on the topic to further mainstream tourism in the Situated at the foot of Table Mountain, a stone’s throw United Kingdom, he did indicate that "obstacles" to travel from the CBD and on the edge of the lapping waters of to the UK would be reviewed and that new technology the Atlantic, the V&A Waterfront offers visitors an array of would be deployed to streamline visa application unforgettable experiences. processes. With a host of world-class shops, such as the recently opened Nespresso coffee boutique and French couture Van Schalkwyk said the "onerous" UK visa system has label Etincelle Paris (which has its first and only store in increasingly become a frustration for South African South Africa at the V&A Waterfront) there is something travellers.  fabulous to suit all tastes. Read more. Read more. NEW HOTEL RANKING INTRODUCED SA GAINS FROM 2010 SECURITY PLANS     A new star-grading system comes into effect on October Although the 2010 Fifa World Cup came to an end 1 for most of SA’s accommodation establishments. The almost a month ago, the crime-prevention strategy used move will overhaul the system that was put in place eight during its month-long run will continue, helping create a years ago. safer, more secure South Africa. Any seasoned traveller who has stayed in an SA hotel Police Minister Nathi Mthethwa told Parliament on 3 that was graded, say, four stars, yet had a stained August that the tournament “might have come and gone, carpet, smelly pillows and a temperamental shower, but the security legacy in the fight against crime is still has wondered how the owners managed to achieve benefiting the country”. their rating. The Tourism Grading Council of SA, now part of SA Tourism, is taking steps to address this kind The heavy investment in police resources and skills, of problem and bring standards in line with guests’  which undoubtedly contributed to the success of the changing needs, for example for technology or greater Cup, forms a major part of this legacy, according to security.  Mthethwa. Read more. Read more. MAKING YOUR HOME LOOK BIGGER    SA DRIVEN BY THE 2010 WORLD CUP  The latest oobarometer stats reveal that the average   purchase price growth among first-time buyers remains Hosting the 2010 Fifa World Cup has undoubtedly strong at 12.1 percent in June. This, together with the benefited South Africa, with national pride, employment continued easing in lending criteria, is good news for opportunities, the economy and investor confidence all potential homebuyers in South Africa. receiving a welcome boost.
  4. 4. Due to economic restraints, however, many first-time “Our hosting of the World Cup was, and has been, about homebuyers are restricted to a small home or apartment the creation of new realities and the destruction of old property but, this should not deter them from investing as myths and pessimism about South Africa, and indeed, creating a sense of space is not difficult and does not the rest of Africa,” said Finance Minister Pravin Gordhan require the services of an expensive interior designer. By at a recent dinner hosted by the International Marketing making a few minor but effective changes to the interior Council (IMC) and the Financial Times. of a property you can easily maximise and create the Read more. illusion of space in smaller properties.  Read more. Events / Things to do NLR WINE TRADE SHOW NISSAN CULLINAN MTB  NLR Wines will be showcasing a variety of wines from   farms such as Diemersfontein, Hartenberg, Backsberg, If you believe diamonds are a girl’s best friend then you Raka and Hermanuspieters Fontein (to name but a few) will take to the MTN Cullinan National Marathon! The for tasting and purchase. Saturday will be the Grand route traverses areas inaccessible under normal Finale and public open day where you are cordially circumstances due to mining activities (come try your invited to join us at Tramonto Venue for what promises to luck), and that is not all! Winding single and jeep tracks be a fun filled day. There is something to suite every take you through pristine areas and over river crossings taste and perhaps the perfect opportunity for that family where you can still stop and drink the water. outing or just a few friends and wine lovers alike socialising together.. The route options are 120 km, 70 km, 40 km and 15 km, each with its own excitement. The 120 and 70 km for the sporty there will be a 5km and 10 km fun distances take riders through areas where plains game Run/Walk starting at 08h00 during which a hot breakfast roam, and even past lion. You ride on the verge of a buffet and other food stalls will be open while you are massive water fall and through a cave – you will not find waiting for and supporting your people. Prize giving will better mountain biking than this! be at 11h00 after which you will be entertained by Read more. Popular South African Band Watershed. Wine Trade & Tasting will be open from 10h00. Read more. Recipes FRENCH BEEF STEW We have simplified this classic method by skipping the browning of the meat. The result is more tender meat with less shrinkage. It is most important to buy the recommended cuts of meat which are high in connective tissue. The anchovy in the recipe really sparks the beefy flavour of this stew. The gelatine gives a glossy sheen and lovely body to the sauce. Serve with French bread to soak up the divine sauce and a green salad dressed with French Vinaigrette. 500 g chuck or well trimmed boneless brisket 1½ cups (375 ml) red wine 3 garlic cloves, crushed 1 bouquet garni 3 T (45 ml) butter (be generous - this is French cooking!) 1 small onion, chopped 2 medium carrots, peeled and sliced 1 T (15 ml) flour ½ cup (125 ml) water 1 t (5 ml) Ina Paarman's Beef Stock Powder 2 T (30 ml) Ina Paarman's Tomato Pesto Ina Paarman's Garlic Pepper Seasoning 125 g rindless streaky bacon, cut each rasher into 4 pieces 4-5 shallots or pickling onions, peeled but left whole 100 g small button mushrooms 2 anchovy fillets, mashed 1 t (5 ml) galatine powder soaked in 2 T cold water Read more. Copyright © 2010 | Designed by WebNow
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