Property of the week- 5 September 2011

September 5, 2011

Waking up to canals looking like glass and the sound of birds singing is how residents of Marina Martinique live from day to day.

The Marina is fast becoming known as “the” place to be in Jeffreys Bay due to the well managed estate looking after its infrastructure with no potholes in the roads and the public open spaces always looking immaculate.

LaCaribe is on the the canals and is a sought after investment.

La Caribe is an upmarket development on the canals and a perfect opportunity for an investment on Marina Martinique.

Starting at R 595 000, these 75 sqm units offer top class finishing, 2 bedrooms, one bathroom and open plan kitchen.

Email property@jeffreysbaynews.com for more information.

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A room with a view

July 19, 2010

 

The 25 edition of the Billabong Pro had it all, from perfect surf on the opening day right through to a South African victory. The beach at Supertubes was packed with thousands of spectators basking in the winter sun and enjoying Jordy Smith destroying all before him, with much support from the locals and their vuvuzelas.

Have a sundowner after the day's surf and watch the sets pour through Supertubes.

Imagine waking up, lifting your head off your pillow, opening the curtain and looking into the mouth of Boneyards breaking just a 150 m from your bedroom. A short walk across the beach and you could be paddling into the line up at Supertubes.

A unit at an exclusive town house complex right on the beach has come onto the market at only R 2 700 000 (approx $ 338 000). Secured with a surrounding wall and an access controlled gate, the outdoor entertainment area overlooks Supertubes.

The room with a view.....overlooking the top of Supertubes Jeffreys Bay

After the 2010 Billabong Pro this unit will be a cinch to rent out if you not going to make use of it yourself at next years event when local support will be even stronger for Jordy Smith to defend his title. Quality self catering accommodation in Jeffreys Bay, so close to Supertubes is not easy to find.

Email:  property@jeffreysbaynews.com for more information

Check out more about this property and others in our property section here

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Bargain property on Marina Martinique

June 7, 2010

Imagine waking up with the sun peering over the pristine canals of Marina Martinique and the call of the birds in your ears. Your windows are open to let in the fresh air and not desecrated with burglar bars and other security measures.

This is the lifestyle on Martinique, one of South Africa’s best kept secrets. Kilometers of sea water canals have ensured that the Marina has become the home of open water swimming in the Eastern Cape and summer time sees the local swimmers hard at training in their “big swimming pool”.

The Marina offers a unique lifestyle. Open water swimming takes place every summer and includes the highly popular Marina Mile

Fishing, boating, paddling or having a stroll through the nature reserve are just some of the activities on offer in the exclusive lifestyle resort that enjoys 24/7 armed security.

The property market on the Marina has withstood the carnage seen elsewhere. Three stands on the waterfront in Phase 1 of the Martinique sold for R 900 000 recently, while the more undeveloped Phase 2 has seen waterfront stands sell for around R 400 000.

These prices compare very favourably with prices of beachfront plots in Jeffreys bay where an offer of R 4 000 000 was rejected for a top end plot. Plots with a sea view in Wavecrest are selling for around R 500 000 while the back stands in the Marina are selling for just under R 400 000 on Phase 1.

When a Martinique stand comes on the market for R 220 000 it will not hang around for long. A permanent view of the canals on a 646 m2 stand on Phase 2 at that price can only be described as a bargain and a good investment. For more information on this stand, view our Property page.

Email property@jeffreysbaynews.com for more info about this stand selling for only R 220 000.

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Bargains in upper end of South African Property Market

May 24, 2010

Confidence is growing in the recovery of the South African property market. Demand has risen in 2010 from buyers looking for property under R 2 million rand and with interest rates down, the banks beginning to grant loans again, the South African property market looks set to continue its slow recovery.

This is being most strongly felt in the lower income segment (average price R 617 K), the middle income (R 1. 02m) and upper income (R 1.9m).

A magnificent house in the Luxury segment of the SA Property market situated just 50 m from Jeffreys Bay's unspoilt beaches

Lagging this trend according to Johan Loos in the FNB Residential Property Barometer is the luxury segment with an average price of R 3.85m.

The average time a luxury house is on the market is 15 weeks and 6 days while the average time a house is on the market generally is 12 weeks and 4 days.

Downscaling due to financial pressure is the reason given by 20 % of those who are selling their houses, indicating that South Africans are reeling from the financial turmoil experienced over the past two years. Emigration stands at 7 % and moving for safety and security reasons is at 12 %. The shift towards living in secure estates and complexes seems to be continuing as well.

PROPERTY OF THE WEEK

Jeffreys Bay is renowned for its endless beaches and perfect waves. Living close to the beach is a dream for many and when a house comes on the market that meets this requirement and is right on one of Jeffreys Bay’s quieter surf spots it doesn’t stay on the market for long.

The open plan design gives one the feeling of space and freedom

This home, with 4 bedrooms and 3 bathrooms is a block away from Albatross, still regarded as the “undiscovered” surf break in Jeffreys Bay. One also has the untouched Kabeljous Beach to explore and walk for miles, or simply throw a line in the water.

An elegant entrance hall and imposing wooden staircase add character to the house which has 1 ½ garages, Dining Room, Lounge and TV room.

The wooden staircase is a feature in this house leads into the entrance hall

All this can be yours for R 3 780 000 (approx $ 472 500). Email property@jeffreysbaynews.com for more information.

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