Pam Golding Properties catering for Pretoria buyers

These buyers will have the opportunity to view property right on their doorsteps, namely at Brooklyn Mall.

Comments John Herbst, PGP’s national sales executive: ”Taking place from 11-16 October 2011 we are hosting a national exhibition of properties across all price sectors, geared to cater for the main demand from Pretoria buyers, which includes primary and leisure residences in various provinces – and internationally. Naturally properties on show will include local properties in the Pretoria area, ranging from apartments and townhouses to large family homes and ambassadorial residences. Pretoria experiences an ongoing strong demand for properties to rent, from R4 000 per month up to R40 000 and R55 000 a month, and with rental properties between R20 000 and R30 000 most sought after among tenants, providing good opportunities for investors to secure sound rental income in the buy-to-let market.

“The Western Cape is another popular destination for such buyers, including coastal property in prime locations such as the Atlantic Seaboard, but particularly in regard to the Boland region, with towns such as Paarl, Stellenbosch and Somerset West popular due to their excellent educational facilities for those with children attending school or university, and due to the high percentage of Afrikaans speaking residents as well as their generous, wide open spaces. Secure lifestyle wine estates and golf estates such as De Zalze, Boschenmeer, Pearl Valley and Val de Vie are also sought after, as well as smallholdings.”

Herbst says whale-watchers’ paradise, Hermanus, in the Cape’s Overberg region, also attracts interest from these upcountry buyers, while the holiday areas of St Francis, Jeffrey’s Bay, Knysna, George and Wilderness - with ideal properties as second homes for holiday use, future retirement or both, proving to be sound investment choices, with prices of properties across a broad range from R1 million to R22 million.

“In the Eastern Cape areas such as Grahamstown, home to Rhodes University and an abundance of good schools, traditionally arouse considerable interest, while further afield in the inland provinces we find that interest is varied, according to the individual requirements of buyers. The Vaal Dam area, with its water and leisure activities, including fishing, is also a popular choice among Pretoria home buyers,” he says.

PGP’s International & Projects Division also reports a strong demand for an idyllic island lifestyle among such buyers, with approximately 15 percent of sales at Eden Island in Seychelles to Pretoria buyers, drawn by the attractive lifestyle with fishing, boating and a year-round temperate climate providing major appeal, coupled with sound investment potential. “While we have a number of high end purchasers,  acquiring luxury villas in the $2 million price range, upmarket units can be purchased from $425 000, providing the opportunity to live in a tropical paradise where children can attend school. This is an established, vibrant community with many buyers opting to relocate there permanently, while others are buying as a leisure investment for now, with plans to retire to Eden Island in the future,” says Chris Immelman, MD of PGP’s International & Projects Division.

Adds Herbst: “With upmarket Brooklyn Mall being located in the dynamic hub and ambassadorial enclave of Pretoria’s eastern suburbs, we anticipate high interest in our wide range of properties on show, with experienced agents on hand representing the various regions showcased. In addition, visitors to the PGP exhibition will have access to a brochure featuring over 200 properties currently on the market.”

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