select
|

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.”


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 18 Jan 2018
      The Southern Suburbs make up some of the most popular residential areas in Cape Town, comprising charming groups of suburbs which lie to the south-east of the slopes of Table Mountain. It is seen as the city's most expensive residential neighbourhoods with a choice of various private schools, upmarket eateries, wine estates, beautiful homes and trendy apartments.
    • 18 Jan 2018
      New year, new goals! If you’ve resolved to purchase your first property in 2018, then this 6-step guide from the Rawson Property Group is a must-read. It will help you navigate and simplify what is often be seen as a confusing process of buying your first home – right from the house-hunt to the house-warming.
    • 17 Jan 2018
      While the current property market may still favour buyers, it doesn’t mean that they shouldn’t be well prepared before putting in an offer to purchase.
    • 17 Jan 2018
      Lightstone lists Blair Atholl as the most expensive suburb with an average house price of R11.2 million, followed by Westcliff (R10.5 million), Dunkeld (R9.3 million), Sandhurst (R9.1 million) and Inanda (R7.2 million).
    • 17 Jan 2018
      As it currently stands, there are four main ways in which a home can be bought in South Africa, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, who adds that deciding in which legal entity to purchase the property is not a decision that should be entered into lightly, as each has its pros and cons.
    • 16 Jan 2018
      The start of the new year is symbolic of new beginnings. A good time to take stock of one’s possessions as well as how necessary they actually are. However, seeing as the process may appear daunting – a plan goes a long way.
    • 16 Jan 2018
      The Western Cape is still in the throes of a severe drought and many households have to adjust the way they use and save water. It is a little more complicated in sectional title schemes, however, as it is not that easy to implement grey water systems for multiple users and it is also difficult to monitor water usage accurately if there are no separate water meters
    • 15 Jan 2018
      In ideal rental situations, when a lease is signed the tenant will stay for the full duration of his lease without any complications and the landlord will uphold his obligations, creating a win-win situation for tenant and landlord.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK