Newsletter
May 2018
 
Jason Paans, Head of Sales
Price correctly to sell
Dear Guest

The current market can only be likened to the ebb and flow of the beautiful ocean tides on our shores. It seems that the flow over the last few years had to be followed by the ebb in which we find ourselves now. Sales numbers are down across all areas and there is a common undertone amongst buyers that the unsustainable growth has finally slowed. Many developers are holding back on the influx of capital being injected into the Atlantic Seaboard and City Bowl and “buy-to-flip” investors are holding off until a clearer vision of the future comes into view. Gone are the days of listing a property and being inundated with enquiries within the first 24 hours.

The slowdown hasn’t changed the fact that sellers are still insisting on ...

 
Featured Property of the Month
 
R22,000,000
Fantastic Home Operating as Popular Guesthouse
This guesthouse is situated in Hermanus at the foot of the Fernkloof Nature Reserve - a fynbos paradise for nature lovers and hikers. It is located only 300 metres from Voelklip, the famous Blue Flag Grotto Beach and sea front cliff path with stunning views across Walker Bay. The property has unique character on a large erf set amongst ancient Milkwood trees, with breathtaking views of Walker Bay and the magnificent mountains. Only 5 minutes from the Village Centre and close proximity to the golf course. The property consists of two erven - total size 2790 sqm. The main house has 6 en-suite bedrooms of various sizes. There is an additional 3 en-suite bedrooms with private entrances and patio's adjacent to the large swimming pool (+/- 144 sqm). There is also a separate one bedroom cottage which is 130 sqm in size. The property has 4 garages, two of which are utilised as a laundry. There is ample on-site parking. The guesthouse will preferably be sold as a going concern. Please enquire for more details.
10 10 4
 
 
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Decrease in demand for tourist accommodation in the country
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Did You Know?
 
Trustees can be held liable for sectional title losses
20 May 2018
While the role of trustee in a sectional title scheme is a voluntary and unpaid position, it is one that comes with huge responsibility.
 
 
Company Showcase
 
Jacques Maree Attorneys
 
 
Jacques Maree is an attorney who has been specialising in the fields of sectional title and homeowners associations since 2004.
To advertise your company here, please contact our Head Office.
 
 
Head Office
(021) 418 2255
info@coastalpropertygroup.co.za
www.coastalpropertygroup.co.za
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