Weekly Newsletter
Friday, 02 September, 2005
Property Search | Estate Agents | List your property

Edition 33 of 2005, Friday, 02 September 2005

Dear reader,

For several years property buyers have avoided transfer duty by simply buying a trust that held a property thereby effecting transfer and avoiding transfer fees — but now the South African Revenue Service (SARS) has issued assessments against those who partook in the scheme which could leave them with massive tax bills - www.iafrica.com

As property prices continue to streak ahead in their growth, home-owners are wondering just how much more the market will rise before settling down. Dave goes more into detail in this weeks article - The Property Game. By the way, if you have not yet purchased Dave's book do it now! This is for reading material not to be missed!

London - A central London house measuring just over 1,52 meters at its most narrow and 3,02 marts at its widest is up for sale for more than half a million pounds (about R5,8-million), estate agents said on Tuesday. At the other end, real estate agents in South Africa argue that property is undervalued, and there are some serious bargains for international shoppers. Rich International businessmen are buying game lodges or wine estates for holiday retreats.

It is a fact - South African homeowners are spoilt for choice when it comes to the variety of lending institutions offering financing products. If you are looking for a homeloan visit www.cyberbonds.co.za

Superb white sandy beaches, safe swimming facilities, beautiful picnic spots, unsurpassed fishing grounds (shore, rock and deep sea), under-water wonderland, top class sporting facilities, diverse fauna and flora, tranquil natural beauty, affordable and luxury accommodation, colourful cultural heritage, places of interest, wide choice of shopping facilities, gourmet restaurants and family entertainment and exciting nightlife. If this sounds good, Amanzimtoti, KwaZulu Natal South Africa, is just the place for you!

CyberProp greetings!
The editor

 

>> Real Estate News - South Africa

'Why growth looks bleak despite a booming economy'

In spite of a rosy forecast for economic growth of 4 to 5% for South Africa over the next five years, house-price growth is unlikely to even beat consumer inflation, says Erwin Rode of property economists and valuers Rode & Associates.

Estate agents are increasingly reporting dramatic decreases in show house attendance, longer selling periods, resulting in lower offers, and falling sales - all indications of an easing in demand...

>> The Property Game - Virtuous Property Cycles

Supplied by Dave Welmans www.thepropertygame.co.za

As property prices continue to streak ahead in their growth, homeowners are wondering just how much more the market will rise before settling down. There is another secondary cause for the sustained growth in price as seen by the huge increase in real value of residential buildings plans passed and real value of buildings completed. (64% and 53% respectively)...

>> Agents must adjust to life after the party

WITH the South African residential property market cooling down in recent months, real estate agents will have to start getting used to a tighter market.

Although the well-known, larger real estate brands are expected to survive more difficult times, some newcomers are expected to be squeezed out of the market...

>> London house is not for the narrow-minded...

London - A central London house measuring just over 1,52 meters at its most narrow and 3,02 meters at its widest is up for sale for more than half a million pounds (about R5,8-million), estate agents said on Tuesday.

Agents are asking £525 000 for the narrow home, which is spread over five levels and used to be a hat shop before being converted into living quarters.

>> Hottest development town in KZN- Amanzimtoti

Boom times are ahead for the South Coast, with Amanzimtoti being hailed as the area's "hottest" development town.

For, as development on the North Coast reaches saturation point, investors and property buyers are now turning their attention southwards.

There has already been an exceptional demand for residential property in what is known as the "frontier market" of Amanzimtoti this year, and one estate agency alone is now planning and building five new developments, four of them executive and luxury apartments and cabanas...

>> Focus on Amanzimtoti, KwaZulu, Natal

Offers you superb white sandy beaches, safe swimming facilities, beautiful picnic spots, unsurpassed fishing grounds (shore, rock and deep sea), under-water wonderland, top class sporting facilities, diverse fauna and flora, tranquil natural beauty, affordable and luxury accommodation, colourful cultural heritage, places of interest, wide choice of shopping facilities, gourmet restaurants, family entertainment and exciting nightlife...

View Properties in Kwazulu Natal | View Properties in Amanzimtoti

>> Property of the week

Kwazulu Natal, Amanzimtoti

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Bathrooms 2
Garages 2
Pool

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>> Have fun - Spring Time Cooking

Some great picnic sandwich ideas

Spring time -- fresh, new and exciting. Get out, go on a hike. Pack a nice picnic. Take a good book. Nice music. Fine wine. A blanket to sit on or a nice compact folding chair. For dessert, maybe a nice chunk of good chocolate. Vegetable sticks and potato chips, with a little container of creamy salad dressing for dipping. Sandwiches can be new and exciting. Start with great bread, different looking and fresh. Make a flavored mayonnaise, then you can put on anything you like...


>> From Val Ludgrove Estate Agency - News from Plettenberg Bay
THE SQUARE SHOPPING CENTRE RECEIVING A FACE LIFT

Many Plett residents and holiday makers will be glad to see the end of this weather-beaten old building, with its dark mall and awkward staircases. The entire building is being gutted and realigned, and a two level parking area for more than 230 vehicles is being constructed at a cost of R26-million. This stunning new town centre shopping and residential mall will consist of continental pavement walkways, a piazza, indigenous shrubs and plants, a new Checkers and an array of specialty retailers. All this topped with 11 penthouses boasting the finest views on the Garden Route . So far work is right on schedule and re-fitment of the new stores will start in October. The Square is expected to open for shopping in time for Christmas. The penthouses – which will sell for R2-million and up – will be completed by early next year.

NEW GYM OPENING AT MARKET SQUARE

A new gym will be opening at Market Square in November. Owner Bertie Rorhbach will be importing high-tech equipment from Italy and promises it to be a workout worthwhile.


>> Software at its best!

With the latest innovation from USP Designs, you can expect your office to be a little quieter from now on. At USP Designs, we understand that time spent behind a desk, is money lost, therefore we have invested a great deal of time to develop software that allows you to spend less time in the office, and more time seeing clients.

CyberAgent Mobile has incorporated the most commonly used functions of the CyberAgent package, into a mobile application. Included in this software is a powerful Website Interface catering for those agents without handheld devices, CyberAgent Online. The software is designed to be user friendly, and will run on any handheld device supporting Microsoft CE.

Estate Agents, enter our exiting competition NOW on www.cyberagent.co.za

If you would like to know more about the above features and benefits that CyberAgent offer, visit: www.cyberagent.co.za or email: sales@cyberprop.com

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