Newsletter from Valley Estates
Once again we will have clients who talk the market down and who decide to wait because “this market cannot sustain such high growth!” This year will once again see those of us who are going to make large amounts of money out of very small investments.
The SA economy is seeing growth like we last saw when our parents were young!
We all have fathers who could have bought beach front property in Plettenberg Bay for
R100 000.00. Some of us have fathers who did!
This year I am going to try and have as many fathers as I can buy property in Plett!
Those fathers are going to fret and moan because the market is high BUT at the end of the year I will have a lot of happy faces in and out of my office as I did after selling Goose Valley back in 1994! Yes it is as long ago as that. That December I sold a holiday dream to 250 families holidaying in Plett. 3 bedroom units at R250 000.00
We sold yet another Goose Valley unit this December for R1,2Million!!! Original price……..R314 000.00 15% per annum, not a bad investment.
The SA property market has grown by 20% per annum since 2001. In some areas by more!
ABSA Bank forcasts another 20% for 2005. If you have not invested yet do not waste another year! IT WILL DEFINITELY BE MORE EXPENSIVE NEXT YEAR.
LAND COST WILL NOT COME DOWN! BUILDING COSTS WILL NOT COME DOWN! SANITARY WARE, LIGHT FITTINGS, TILES, CEMENT WILL NOT COME DOWN!
NOW IS THE TIME TO BUY.
If you have the deposit you can be a player! In new developments you save 7% (transfer duty) and you can add that as pure profit when you take occupation!
I would like to sell you your best investment yet! Call me…….
For information on new developments Jan Minnie 082 4443433
by : Jan Minnie - (www.capricornestates.com)