Trouble viewing this email? View in your browserWebsite Welcome IndexProperty for Sale Weekly Property FeatureDevelopments New Release PropertyGuesthouses/Hotels From the Desk of MarcelRetirement Villages GOOD NEWS FOR THE VEHICLE INDUSTRY DeaconWinelands Properties International PropertyInternational Property 2011 and new vehicle sales started on a positive note reported by NAAMSA ArticlesProperty for Rent (National Association of Automobile Manufacturers South Africa). As Events/ Things to do expected, the year on year growth momentum was more subdued than theAccommodation SA Recipes frenetic pace recorded during the last quarter of 2010, with aggregate industry sales improving by 7064 units or 18.6 percent y/y to 45,135 vehiclesNews Cafe from 38,071 units in January last year. For 2011, domestic new car sales, atProperty Finance this stage, were projected to improve by 10 percent to 15 percent in volume terms. New commercial vehicle sales, on the back of anticipated higher economic activity levels, could improve by up to 15 percent. This is good news for the South African economy and especially the property market. Weekly Property Feature GEORGE - R1 600 000 KNYSNA - R1 495 000 GRABOUW - R3 500 000 Price reduced - best buy Situated in a quite cul-de-sac with a industrial property in George!!! The property is situated in the heart of stream running through the garden - Two industrial buildings for the the apple country within walking THIS IS PARADISE! Professionally price of one! Easy accessible! distance of the picturesque village of landscaped garden. Grabouw. This region is situated in Building no 1: the Core Zone of the Kogelberg MAIN HOUSE: 360m (floor space) Nature Reserve and has developed 4 Bedrooms, 2 bathrooms, lounge 2 Offices into an up-market residential area. with fireplace, diningroom, stunning Storage space A Swiss-style three-level spacious kitchen, covered entertainment area Our Associates Kitchen chalet is nestled in a landscaped & garage. Staff toilet garden with private swimming pool. FLAT 1: Bathroom The guest house has 3 bed rooms Lounge, diningroom, kitchen, 2 Dressingroom (staff) and a self-contained cottage. The bedrooms & 2 bathrooms. 240m workshop (remainder) gardens are heavily wooded and rich FLAT 2: Alarm system in fynbos and bird life. Lounge, kitchen, 2 bedrooms, 1 Building no 2 Read more. bathroom & lock-up garage. Read more. Read more. New Release Property Tramonto the Venue Le Delice MOSSEL BAY - R2 600 000 PORT ELIZABETH - R3 990 000
MOSSEL BAY - R2 600 000 PORT ELIZABETH - R3 990 000 Moquini equestrian estate mossel bay nature reserve Further reduced for quick sale!!! An exclusive residential development along the Southern Cape coast, offering a rare opportunity to own a piece of Luxury Summerstrand guesthouse for sale in Port paradise in a protected Nature Reserve in Southern Elizabeth Coimbra Cycle House Africa. This going concern has special B&B Consent for 8 Stand in Moquini Equestrian Estate. It is the last stand Rooms.. with both 360 degree sea views as well as views of the river mouth. Description: 8 Bedrooms There are quite a few plans for the estate, one of which 8 Bathrooms will be a 5 star hotel, so anyone who purchases in the 4 Living areas estate at this time will see huge growth in investment in Study the long run. The estate is in a nature reserve so all Modern & Spacious Kitchen fauna flora etc are protected. Whales and dolphins can Garaging for 2 vehicles be seen from the stand. Read more. Read more. From the Desk of Marcel Deacon COMMERCIAL PROPERTY OUTLOOK Since the drastic downturn during 2008 and 2009, commercial real estate markets have been rebounding strongly and changing the outlook of potential investors. While there could be a shake-up in how companies within the sector will have to do their lease accounting, commercial real estate is once again starting to be viewed as a strong asset class worthy of institutional investment. Commercial real estate is once again starting to be viewed as a strong asset class View our portfolio here 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. 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 FNB 2011 REPORT AFRICAN BUSINESS ROUND-UP There is no compelling evidence to suggest that 2011 With the uncertainty in Arab Africa, there is no guarantee will be a better year for the housing market than 2010 projects for the region mentioned in this newsletter will was according to John Loos, home loan strategist at go ahead until things stabilise. Ghana is to sign an First National Bank. Interim Economic Partnership Agreement with the European Union this year following the lack of progress at the ECOWAS level. Massmart shareholders have According to estate agents the average time that it takes voted in favour of Walmarts offer to acquire 51% of to sell a property dropped from 17 weeks in 2009 to 15 Massmart. Australian based IRESS Market Technology weeks last year.
voted in favour of Walmarts offer to acquire 51% of to sell a property dropped from 17 weeks in 2009 to 15Massmart. Australian based IRESS Market Technology weeks last year.announced its acquisition of South African firm Peresys. He says there is likely to be a slight improvement inSABMiller has overcome key obstacles which previously residential property demand coupled with some pricingprevented it from making a bid for the Fosters Group in realism among property sellers who are battling to sellAustralia. Kenya and South Africa were elected co- in the current market.Chairs of the African Network for Drugs and DiagnosticsInnovation. Air Mauritius will fly directly to China from July. His views are based on the fourth quarter estate agentRead more. survey conducted by FNB. Read more.SECTIONAL TITLE LEVY UPDATE An owner is not entitled to withhold levies to set-off a TIPS FOR BETTER GREEN LIVINGdebt she believes is owed to her by the body corporate. Green living is more than just a trend; it’s a sustainableThe correct way for an owner to deal with a situation way of life that helps you reduce your day-to-day impactwhere she believes she is owed money by the body on the environment. And while some eco-friendly lifestylecorporate is to continue paying levies and attempt to changes may sound costly at first, going green is therecover the money through the legal channels of ideal way to keep your finances – and the planet – out ofarbitration or litigation. the red.There is no provision in the Sectional Titles Act 95 of1986 ("the Act" or the prescribed rules that gives an Green living is more than just a trend - it’s a sustainableowner the right to withhold duly raised levies. Even if an way of life that helps you reduce your day-to-day impactowner believes that the body corporate owes her money, on the environment.this does not entitle her simply to set-off what she Below are 5 areas in your everyday life where you canbelieves to be the quantum of the claim by withholding easily start cutting back on energy consumption, andher levy payments without the matter being adjudicated. saving money that can be put to good use:One is only entitled to set-off a “liquid debt” once a Read more.matter has been adjudicated by an arbitrator or a judge.Read more.CREDIT RECORDS - ADVICE FOR BUYERS THE PROPERTY INDUSTRY Many entry-level buyers are losing out on the chance of Ones of the best ways to stimulate real economic growthhome ownership because no-one has advised them in SA is to boost the property sector.how to clean up their credit records before applying for abond. The boost could take two forms: making home acquisition easier and increasing the delivery rate ofThere is huge demand for houses in the R350 000 to subsidised State homes.R800 000 price range in most areas of the WesternCape. On the first issue, the credit criteria of banks are so strict that in recent months only 55% of bond applicationsBut most sales fall through because the buyers’ home have been successful. While it is true that this is 5% uploan applications are being refused – and most often not on the previous rate, it is far below a situation in whichbecause they don’t earn enough income to qualify, but homeownership growth will help seriously improve thebecause they have a few minor problems on their credit economic recovery.records that could easily have been resolved before theywent house-hunting. There is a need for a range of alternative home funding schemes, many of which are already used in developedExamples include black marks for a store account countries. Among those are rent-to-buy (in which ainstallment unpaid because a bill went astray, a credit portion of the renting period is converted into a deposit tocard installment paid late because the borrower was on facilitate an acquisition), installment sales (in which aholiday and a cell phone account that fell into arrears deal is struck between thebecause the phone was stolen. Read more.Read more. TRUSTEES MAY INCREASE LEVIES Many trustees of sectional title schemes are not awareTHE BEST REVONVATION TIPS that at the end of their financial year they are allowed to increase members’ levies by up to 10%.Although renovations can add value to a property, ifundertaken correctly, homeowners should have a sound And in many (probably the majority) of ST schemes,knowledge of property values in the area and the costs increases of up to 10% are necessary, because generalinvolved before embarking on improvements to avoid cost inflation as well as repair, maintenance, security,over-capitalising on their homes. insurance and utilities costs tend to rise by at least that amount each year.One of the most important factors that should be takeninto consideration is the area in which the property is All too often the trustees will wait to apply to members ofsituated. Anyone who invests in property needs to keep the body corporate for a levy increase until the annualtheir wits about them. It may seem like a good idea to general meeting, which can often take place four to sixadd another bedroom or to install a large pool, turning a months after the financial year-end.mundane home into a palace, but owners need toliterally keep their fingers on the pulse of current property Then if their proposal is accepted, the levy increase willmarket trends in the area in which they live before they be backdated until the start of the financial year, which isdecide to undertake any costly renovations. inconvenient, difficult to enforce and can be resented byRead more. members. By contrast, a 10% increase automatically imposed at the end of the financial year is usually accepted without problems. Read more.