Trouble viewing this email? View in your browser

                

Our Associates

 

 Tramonto the Venue

Le Delice

Coimbra Cycle House

      

           

Website

Property for Sale

Developments

Guesthouses/Hotels

Retirement Villages

Winelands Properties

International Property

Property for Rent

Accommodation SA

News Cafe

Property Finance

Welcome Index

 

GOOD NEWS FOR THE VEHICLE INDUSTRY

 

2011 and new vehicle sales started on a positive note reported by NAAMSA

(National Association of Automobile Manufacturers South Africa). As

expected, the year on year growth momentum was more subdued than the

frenetic pace recorded during the last quarter of 2010, with aggregate

industry sales improving by 7064 units or 18.6 percent y/y to 45,135 vehicles

from 38,071 units in January last year. For 2011, domestic new car sales, at

this stage, were projected to improve by 10 percent to 15 percent in volume

terms. New commercial vehicle sales, on the back of anticipated higher

economic activity levels, could improve by up to 15 percent.  This is good 

news for the South African economy and especially the property market.

Weekly Property Feature

New Release Property

From the Desk of Marcel

Deacon

International Property

Articles

Events/ Things to do

Recipes

Weekly Property Feature

GEORGE - R1 600 000

Price reduced - best buy

industrial property in George!!!

Two industrial buildings for the

price of one! Easy accessible!

Building no 1:

360m  (floor space) 2 Offices

Storage space

Kitchen

Staff toilet

Bathroom

Dressingroom (staff)

240m  workshop (remainder)Alarm system

Building no 2

Read more.

GRABOUW - R3 500 000

 

The property is situated in the heart of

the apple country within walking

distance of the picturesque village of

Grabouw. This region is situated in

the Core Zone of the Kogelberg

Nature Reserve and has developed

into an up-market residential area.

A Swiss-style three-level spacious

chalet is nestled in a landscaped

garden with private swimming pool.

The guest house has 3 bed rooms

and a self-contained cottage. The

gardens are heavily wooded and rich

in fynbos and bird life.  

Read more.

KNYSNA - R1 495 000

Situated in a quite cul-de-sac with a

stream running through the garden -

THIS IS PARADISE! Professionally

landscaped garden.

MAIN HOUSE:

4 Bedrooms, 2 bathrooms, lounge

with fireplace, diningroom, stunning

kitchen, covered entertainment area

& garage.

FLAT 1:

Lounge, diningroom, kitchen, 2

bedrooms & 2 bathrooms.

FLAT 2:

Lounge, kitchen, 2 bedrooms, 1

bathroom & lock-up garage.   

Read more.

New Release Property

MOSSEL BAY - R2 600 000

Moquini equestrian estate mossel bay nature reserve

An exclusive residential development along the Southern

Cape coast, offering a rare opportunity to own a piece of

paradise in a protected Nature Reserve in Southern

Africa.

Stand in Moquini Equestrian Estate. It is the last stand

with both 360 degree sea views as well as views of the

river mouth.

There are quite a few plans for the estate, one of which

will be a 5 star hotel, so anyone who purchases in the

estate at this time will see huge growth in investment in

the long run. The estate is in a nature reserve so all

fauna flora etc are protected. Whales and dolphins can

be seen from the stand.

Read more.

PORT ELIZABETH - R3 990 000 

Further reduced for quick sale!!!

Luxury Summerstrand guesthouse for sale in Port

Elizabeth

This going concern has special B&B Consent for 8

Rooms..

Description:

8 Bedrooms

8 Bathrooms

4 Living areas

Study

Modern & Spacious Kitchen

Garaging for 2 vehicles

Read more.

From the Desk of Marcel Deacon

COMMERCIAL PROPERTY OUTLOOK

 

Since the drastic downturn during 2008 and 2009, commercial real estate markets have been rebounding strongly

and changing the outlook of potential investors. While there could be a shake-up in how companies within the

sector will have to do their lease accounting, commercial real estate is once again starting to be viewed as a strong

asset class worthy of institutional investment. Commercial real estate is once again starting to be viewed as a

strong asset class

 

View our portfolio here

International Property

FLEURS DE CANNES - MAURITIUS 

 

The Villas Fleurs de Cannes were designed according to the promoters and investors

expectations of a Tropical habitat. Fleurs de Cannes Villas honour the high standard expected

of a well designed house, both in functionnality , space, comfort, security and high quality

environment. Villa Fleurs de Cannes will definitely charm its owners.

17 T5 villas of 225 mm at the heart of a secured allotment with swimming pool/kiosk, overhanging a green valley.

Within a few steps of hot white sanded beaches and crystal clear lagoons of Grand Bay. Enjoy the sweeping views

and relax at your new recreational centre offering squash sports and a fitness room.

Be among the first to acquire one of the 17 Fleurs de Canness RES villas, a new real estate project to be developed

by Heritage Promo Ltd on a 8 352 mm site in the white sand beaches region of Northern Grand Bay. Enjoy

sweeping views of enchanting land of billowing sugar cane fields, breathtaking sunlit mountain ranges and

turquoise coloured lagoons.

The villas Fleurs de Canness are designed so that their construction is in harmony with its landscape environment.

Only one type of villa was distributed across the plot, in order to adapt the construction as well as possible to the

weak slope ground. Constructions are established closest to natural ground.

Entry and exit to the residence are done through a principal access guarded by a security officer and is to the south-

east of the site. The principal alley which serves all 17 villas is planted with royal palm trees. The whole plot was

designed in such a way to guarantee a home feeling of peace, calm and serenity.

Read more.

Articles

AFRICAN BUSINESS ROUND-UP 

 

With the uncertainty in Arab Africa, there is no guarantee

projects for the region mentioned in this newsletter will

go ahead until things stabilise. Ghana is to sign an

Interim Economic Partnership Agreement with the

European Union this year following the lack of progress

at the ECOWAS level. Massmart shareholders have

voted in favour of Walmart's offer to acquire 51% of

Massmart. Australian based IRESS Market Technology

announced its acquisition of South African firm Peresys.

SABMiller has overcome key obstacles which previously

prevented it from making a bid for the Fosters Group in

Australia. Kenya and South Africa were elected co-

Chairs of the African Network for Drugs and Diagnostics

Innovation. Air Mauritius will fly directly to China from July.

Read more.

FNB 2011 REPORT 

 

There is no compelling evidence to suggest that 2011

will be a better year for the housing market than 2010

was according to John Loos, home loan strategist at

First National Bank.

According to estate agents the average time that it takes

to sell a property dropped from 17 weeks in 2009 to 15

weeks last year.

He says there is likely to be a slight improvement in

residential property demand coupled with some pricing

realism among property sellers who are battling to sell

in the current market.

His views are based on the fourth quarter estate agent

survey conducted by FNB.

Read more.

 

An owner is not entitled to withhold levies to set-off a

debt she believes is owed to her by the body corporate.

The correct way for an owner to deal with a situation

where she believes she is owed money by the body

corporate is to continue paying levies and attempt to

recover the money through the legal channels of

arbitration or litigation.

There is no provision in the Sectional Titles Act 95 of

1986 ("the Act" or the prescribed rules that gives an

owner the right to withhold duly raised levies. Even if an

owner believes that the body corporate owes her money,

this does not entitle her simply to set-off what she

believes to be the quantum of the claim by withholding

her levy payments without the matter being adjudicated.

One is only entitled to set-off a “liquid debt” once a

matter has been adjudicated by an arbitrator or a judge.

Read more.

SECTIONAL TITLE LEVY UPDATE

TIPS FOR BETTER GREEN LIVING

 

Green living is more than just a trend; it’s a sustainable

way of life that helps you reduce your day-to-day impact

on the environment. And while some eco-friendly lifestyle

changes may sound costly at first, going green is the

ideal way to keep your finances – and the planet – out of

the red.

Green living is more than just a trend - it’s a sustainable

way of life that helps you reduce your day-to-day impact

on the environment.

Below are 5 areas in your everyday life where you can

easily start cutting back on energy consumption, and

saving money that can be put to good use:

Read more.

Many entry-level buyers are losing out on the chance of

home ownership because no-one has advised them

how to clean up their credit records before applying for a

bond.

There is huge demand for houses in the R350 000 to

R800 000 price range in most areas of the Western

Cape.

But most sales fall through because the buyers’ home

loan applications are being refused – and most often not

because they don’t earn enough income to qualify, but

because they have a few minor problems on their credit

records that could easily have been resolved before they

went house-hunting.

Examples include black marks for a store account

installment unpaid because a bill went astray, a credit

card installment paid late because the borrower was on

holiday and a cell phone account that fell into arrears

because the phone was stolen.

Read more.

CREDIT RECORDS - ADVICE FOR BUYERS

 THE PROPERTY INDUSTRY

 

Ones of the best ways to stimulate real economic growth

in SA is to boost the property sector.

The boost could take two forms: making home

acquisition easier and increasing the delivery rate of

subsidised State homes.

On the first issue, the credit criteria of banks are so strict

that in recent months only 55% of bond applications

have been successful. While it is true that this is 5% up

on the previous rate, it is far below a situation in which

homeownership growth will help seriously improve the

economic recovery.

There is a need for a range of alternative home funding

schemes, many of which are already used in developed

countries. Among those are rent-to-buy (in which a

portion of the renting period is converted into a deposit to

facilitate an acquisition), installment sales (in which a

deal is struck between the

Read more.

THE BEST REVONVATION TIPS 

Although renovations can add value to a property, if

undertaken correctly, homeowners should have a sound

knowledge of property values in the area and the costs

involved before embarking on improvements to avoid

over-capitalising on their homes.

One of the most important factors that should be taken

into consideration is the area in which the property is

situated. Anyone who invests in property needs to keep

their wits about them. It may seem like a good idea to

add another bedroom or to install a large pool, turning a

mundane home into a palace, but owners need to

literally keep their fingers on the pulse of current property

market trends in the area in which they live before they

decide to undertake any costly renovations. 

Read more.

TRUSTEES MAY INCREASE LEVIES

 

Many trustees of sectional title schemes are not aware

that at the end of their financial year they are allowed to

increase members’ levies by up to 10%.

And in many (probably the majority) of ST schemes,

increases of up to 10% are necessary, because general

cost inflation as well as repair, maintenance, security,

insurance and utilities costs tend to rise by at least that

amount each year.

All too often the trustees will wait to apply to members of

the body corporate for a levy increase until the annual

general meeting, which can often take place four to six

months after the financial year-end.

Then if their proposal is accepted, the levy increase will

be backdated until the start of the financial year, which is

inconvenient, difficult to enforce and can be resented by

members. By contrast, a 10% increase automatically

imposed at the end of the financial year is usually

accepted without problems.

Read more. 

Events / Things to do

LIGHTHOUSE TO LIGHTHOUSE

O N L Y F O R T H E F I T A N D E X P E R I E N C E

MOUNTAINBIKER

19 & 20 Feburary 2011

Event Date  :  19 Feb 2011

Province  :  Western Province

Venue  :  Danger Point Lighthouse near Gansbaai

Online Start Date  :  23 Nov 2010

Online End Date  :  16 Feb 2011

Read more.

CLARENS NATIONAL MTB SERIES

Clarens is a beautiful part of the world and is also nice

and central for many up-country riders. Being just 3hrs

away from Johannesburg, Bloemfontein and

Pietermaritzburg no reason to miss this beautifull event,

so make sure you are there for this inaugral event.

Situated in the Eastern Free State, Clarens is such a

scenic and wonderful place that it is a big source of

inspiration for many artists.

Last year the event caused quite a stirr, as it was said

that the route is on world standards. And completely

blew everyone away! The route is probably the most

visually appealing and varied but challenging one that

we have ever put together. It follows sand road, jeep

track, huge rock-trails and single

Read more.

Recipes

VALENTINES HIGH TEA

Sparkling Wine

Party Sandwiches

Cheese Straws

Tea and Coffee

Mango Hearts with Yoghurt

Melted Chocolate Mini Cup Cakes

Multi-Layered Millionaire's Slab Cake

Read more.

Copyright © 2010 | Designed by WebNow

Trouble viewing this email? View in your browser

                

Our Associates

 

 Tramonto the Venue

Le Delice

Coimbra Cycle House

      

           

Website

Property for Sale

Developments

Guesthouses/Hotels

Retirement Villages

Winelands Properties

International Property

Property for Rent

Accommodation SA

News Cafe

Property Finance

Welcome Index

 

GOOD NEWS FOR THE VEHICLE INDUSTRY

 

2011 and new vehicle sales started on a positive note reported by NAAMSA

(National Association of Automobile Manufacturers South Africa). As

expected, the year on year growth momentum was more subdued than the

frenetic pace recorded during the last quarter of 2010, with aggregate

industry sales improving by 7064 units or 18.6 percent y/y to 45,135 vehicles

from 38,071 units in January last year. For 2011, domestic new car sales, at

this stage, were projected to improve by 10 percent to 15 percent in volume

terms. New commercial vehicle sales, on the back of anticipated higher

economic activity levels, could improve by up to 15 percent.  This is good 

news for the South African economy and especially the property market.

Weekly Property Feature

New Release Property

From the Desk of Marcel

Deacon

International Property

Articles

Events/ Things to do

Recipes

Weekly Property Feature

GEORGE - R1 600 000

Price reduced - best buy

industrial property in George!!!

Two industrial buildings for the

price of one! Easy accessible!

Building no 1:

360m  (floor space) 2 Offices

Storage space

Kitchen

Staff toilet

Bathroom

Dressingroom (staff)

240m  workshop (remainder)Alarm system

Building no 2

Read more.

GRABOUW - R3 500 000

 

The property is situated in the heart of

the apple country within walking

distance of the picturesque village of

Grabouw. This region is situated in

the Core Zone of the Kogelberg

Nature Reserve and has developed

into an up-market residential area.

A Swiss-style three-level spacious

chalet is nestled in a landscaped

garden with private swimming pool.

The guest house has 3 bed rooms

and a self-contained cottage. The

gardens are heavily wooded and rich

in fynbos and bird life.  

Read more.

KNYSNA - R1 495 000

Situated in a quite cul-de-sac with a

stream running through the garden -

THIS IS PARADISE! Professionally

landscaped garden.

MAIN HOUSE:

4 Bedrooms, 2 bathrooms, lounge

with fireplace, diningroom, stunning

kitchen, covered entertainment area

& garage.

FLAT 1:

Lounge, diningroom, kitchen, 2

bedrooms & 2 bathrooms.

FLAT 2:

Lounge, kitchen, 2 bedrooms, 1

bathroom & lock-up garage.   

Read more.

New Release Property

MOSSEL BAY - R2 600 000

Moquini equestrian estate mossel bay nature reserve

An exclusive residential development along the Southern

Cape coast, offering a rare opportunity to own a piece of

paradise in a protected Nature Reserve in Southern

Africa.

Stand in Moquini Equestrian Estate. It is the last stand

with both 360 degree sea views as well as views of the

river mouth.

There are quite a few plans for the estate, one of which

will be a 5 star hotel, so anyone who purchases in the

estate at this time will see huge growth in investment in

the long run. The estate is in a nature reserve so all

fauna flora etc are protected. Whales and dolphins can

be seen from the stand.

Read more.

PORT ELIZABETH - R3 990 000 

Further reduced for quick sale!!!

Luxury Summerstrand guesthouse for sale in Port

Elizabeth

This going concern has special B&B Consent for 8

Rooms..

Description:

8 Bedrooms

8 Bathrooms

4 Living areas

Study

Modern & Spacious Kitchen

Garaging for 2 vehicles

Read more.

From the Desk of Marcel Deacon

COMMERCIAL PROPERTY OUTLOOK

 

Since the drastic downturn during 2008 and 2009, commercial real estate markets have been rebounding strongly

and changing the outlook of potential investors. While there could be a shake-up in how companies within the

sector will have to do their lease accounting, commercial real estate is once again starting to be viewed as a strong

asset class worthy of institutional investment. Commercial real estate is once again starting to be viewed as a

strong asset class

 

View our portfolio here

International Property

FLEURS DE CANNES - MAURITIUS 

 

The Villas Fleurs de Cannes were designed according to the promoters and investors

expectations of a Tropical habitat. Fleurs de Cannes Villas honour the high standard expected

of a well designed house, both in functionnality , space, comfort, security and high quality

environment. Villa Fleurs de Cannes will definitely charm its owners.

17 T5 villas of 225 mm at the heart of a secured allotment with swimming pool/kiosk, overhanging a green valley.

Within a few steps of hot white sanded beaches and crystal clear lagoons of Grand Bay. Enjoy the sweeping views

and relax at your new recreational centre offering squash sports and a fitness room.

Be among the first to acquire one of the 17 Fleurs de Canness RES villas, a new real estate project to be developed

by Heritage Promo Ltd on a 8 352 mm site in the white sand beaches region of Northern Grand Bay. Enjoy

sweeping views of enchanting land of billowing sugar cane fields, breathtaking sunlit mountain ranges and

turquoise coloured lagoons.

The villas Fleurs de Canness are designed so that their construction is in harmony with its landscape environment.

Only one type of villa was distributed across the plot, in order to adapt the construction as well as possible to the

weak slope ground. Constructions are established closest to natural ground.

Entry and exit to the residence are done through a principal access guarded by a security officer and is to the south-

east of the site. The principal alley which serves all 17 villas is planted with royal palm trees. The whole plot was

designed in such a way to guarantee a home feeling of peace, calm and serenity.

Read more.

Articles

AFRICAN BUSINESS ROUND-UP 

 

With the uncertainty in Arab Africa, there is no guarantee

projects for the region mentioned in this newsletter will

go ahead until things stabilise. Ghana is to sign an

Interim Economic Partnership Agreement with the

European Union this year following the lack of progress

at the ECOWAS level. Massmart shareholders have

voted in favour of Walmart's offer to acquire 51% of

Massmart. Australian based IRESS Market Technology

announced its acquisition of South African firm Peresys.

SABMiller has overcome key obstacles which previously

prevented it from making a bid for the Fosters Group in

Australia. Kenya and South Africa were elected co-

Chairs of the African Network for Drugs and Diagnostics

Innovation. Air Mauritius will fly directly to China from July.

Read more.

FNB 2011 REPORT 

 

There is no compelling evidence to suggest that 2011

will be a better year for the housing market than 2010

was according to John Loos, home loan strategist at

First National Bank.

According to estate agents the average time that it takes

to sell a property dropped from 17 weeks in 2009 to 15

weeks last year.

He says there is likely to be a slight improvement in

residential property demand coupled with some pricing

realism among property sellers who are battling to sell

in the current market.

His views are based on the fourth quarter estate agent

survey conducted by FNB.

Read more.

 

An owner is not entitled to withhold levies to set-off a

debt she believes is owed to her by the body corporate.

The correct way for an owner to deal with a situation

where she believes she is owed money by the body

corporate is to continue paying levies and attempt to

recover the money through the legal channels of

arbitration or litigation.

There is no provision in the Sectional Titles Act 95 of

1986 ("the Act" or the prescribed rules that gives an

owner the right to withhold duly raised levies. Even if an

owner believes that the body corporate owes her money,

this does not entitle her simply to set-off what she

believes to be the quantum of the claim by withholding

her levy payments without the matter being adjudicated.

One is only entitled to set-off a “liquid debt” once a

matter has been adjudicated by an arbitrator or a judge.

Read more.

SECTIONAL TITLE LEVY UPDATE

TIPS FOR BETTER GREEN LIVING

 

Green living is more than just a trend; it’s a sustainable

way of life that helps you reduce your day-to-day impact

on the environment. And while some eco-friendly lifestyle

changes may sound costly at first, going green is the

ideal way to keep your finances – and the planet – out of

the red.

Green living is more than just a trend - it’s a sustainable

way of life that helps you reduce your day-to-day impact

on the environment.

Below are 5 areas in your everyday life where you can

easily start cutting back on energy consumption, and

saving money that can be put to good use:

Read more.

Many entry-level buyers are losing out on the chance of

home ownership because no-one has advised them

how to clean up their credit records before applying for a

bond.

There is huge demand for houses in the R350 000 to

R800 000 price range in most areas of the Western

Cape.

But most sales fall through because the buyers’ home

loan applications are being refused – and most often not

because they don’t earn enough income to qualify, but

because they have a few minor problems on their credit

records that could easily have been resolved before they

went house-hunting.

Examples include black marks for a store account

installment unpaid because a bill went astray, a credit

card installment paid late because the borrower was on

holiday and a cell phone account that fell into arrears

because the phone was stolen.

Read more.

CREDIT RECORDS - ADVICE FOR BUYERS

 THE PROPERTY INDUSTRY

 

Ones of the best ways to stimulate real economic growth

in SA is to boost the property sector.

The boost could take two forms: making home

acquisition easier and increasing the delivery rate of

subsidised State homes.

On the first issue, the credit criteria of banks are so strict

that in recent months only 55% of bond applications

have been successful. While it is true that this is 5% up

on the previous rate, it is far below a situation in which

homeownership growth will help seriously improve the

economic recovery.

There is a need for a range of alternative home funding

schemes, many of which are already used in developed

countries. Among those are rent-to-buy (in which a

portion of the renting period is converted into a deposit to

facilitate an acquisition), installment sales (in which a

deal is struck between the

Read more.

THE BEST REVONVATION TIPS 

Although renovations can add value to a property, if

undertaken correctly, homeowners should have a sound

knowledge of property values in the area and the costs

involved before embarking on improvements to avoid

over-capitalising on their homes.

One of the most important factors that should be taken

into consideration is the area in which the property is

situated. Anyone who invests in property needs to keep

their wits about them. It may seem like a good idea to

add another bedroom or to install a large pool, turning a

mundane home into a palace, but owners need to

literally keep their fingers on the pulse of current property

market trends in the area in which they live before they

decide to undertake any costly renovations. 

Read more.

TRUSTEES MAY INCREASE LEVIES

 

Many trustees of sectional title schemes are not aware

that at the end of their financial year they are allowed to

increase members’ levies by up to 10%.

And in many (probably the majority) of ST schemes,

increases of up to 10% are necessary, because general

cost inflation as well as repair, maintenance, security,

insurance and utilities costs tend to rise by at least that

amount each year.

All too often the trustees will wait to apply to members of

the body corporate for a levy increase until the annual

general meeting, which can often take place four to six

months after the financial year-end.

Then if their proposal is accepted, the levy increase will

be backdated until the start of the financial year, which is

inconvenient, difficult to enforce and can be resented by

members. By contrast, a 10% increase automatically

imposed at the end of the financial year is usually

accepted without problems.

Read more. 

Events / Things to do

LIGHTHOUSE TO LIGHTHOUSE

O N L Y F O R T H E F I T A N D E X P E R I E N C E

MOUNTAINBIKER

19 & 20 Feburary 2011

Event Date  :  19 Feb 2011

Province  :  Western Province

Venue  :  Danger Point Lighthouse near Gansbaai

Online Start Date  :  23 Nov 2010

Online End Date  :  16 Feb 2011

Read more.

CLARENS NATIONAL MTB SERIES

Clarens is a beautiful part of the world and is also nice

and central for many up-country riders. Being just 3hrs

away from Johannesburg, Bloemfontein and

Pietermaritzburg no reason to miss this beautifull event,

so make sure you are there for this inaugral event.

Situated in the Eastern Free State, Clarens is such a

scenic and wonderful place that it is a big source of

inspiration for many artists.

Last year the event caused quite a stirr, as it was said

that the route is on world standards. And completely

blew everyone away! The route is probably the most

visually appealing and varied but challenging one that

we have ever put together. It follows sand road, jeep

track, huge rock-trails and single

Read more.

Recipes

VALENTINES HIGH TEA

Sparkling Wine

Party Sandwiches

Cheese Straws

Tea and Coffee

Mango Hearts with Yoghurt

Melted Chocolate Mini Cup Cakes

Multi-Layered Millionaire's Slab Cake

Read more.

Copyright © 2010 | Designed by WebNow

Trouble viewing this email? View in your browser

                

Our Associates

 

 Tramonto the Venue

Le Delice

Coimbra Cycle House

      

           

Website

Property for Sale

Developments

Guesthouses/Hotels

Retirement Villages

Winelands Properties

International Property

Property for Rent

Accommodation SA

News Cafe

Property Finance

Welcome Index

 

GOOD NEWS FOR THE VEHICLE INDUSTRY

 

2011 and new vehicle sales started on a positive note reported by NAAMSA

(National Association of Automobile Manufacturers South Africa). As

expected, the year on year growth momentum was more subdued than the

frenetic pace recorded during the last quarter of 2010, with aggregate

industry sales improving by 7064 units or 18.6 percent y/y to 45,135 vehicles

from 38,071 units in January last year. For 2011, domestic new car sales, at

this stage, were projected to improve by 10 percent to 15 percent in volume

terms. New commercial vehicle sales, on the back of anticipated higher

economic activity levels, could improve by up to 15 percent.  This is good 

news for the South African economy and especially the property market.

Weekly Property Feature

New Release Property

From the Desk of Marcel

Deacon

International Property

Articles

Events/ Things to do

Recipes

Weekly Property Feature

GEORGE - R1 600 000

Price reduced - best buy

industrial property in George!!!

Two industrial buildings for the

price of one! Easy accessible!

Building no 1:

360m  (floor space) 2 Offices

Storage space

Kitchen

Staff toilet

Bathroom

Dressingroom (staff)

240m  workshop (remainder)Alarm system

Building no 2

Read more.

GRABOUW - R3 500 000

 

The property is situated in the heart of

the apple country within walking

distance of the picturesque village of

Grabouw. This region is situated in

the Core Zone of the Kogelberg

Nature Reserve and has developed

into an up-market residential area.

A Swiss-style three-level spacious

chalet is nestled in a landscaped

garden with private swimming pool.

The guest house has 3 bed rooms

and a self-contained cottage. The

gardens are heavily wooded and rich

in fynbos and bird life.  

Read more.

KNYSNA - R1 495 000

Situated in a quite cul-de-sac with a

stream running through the garden -

THIS IS PARADISE! Professionally

landscaped garden.

MAIN HOUSE:

4 Bedrooms, 2 bathrooms, lounge

with fireplace, diningroom, stunning

kitchen, covered entertainment area

& garage.

FLAT 1:

Lounge, diningroom, kitchen, 2

bedrooms & 2 bathrooms.

FLAT 2:

Lounge, kitchen, 2 bedrooms, 1

bathroom & lock-up garage.   

Read more.

New Release Property

MOSSEL BAY - R2 600 000

Moquini equestrian estate mossel bay nature reserve

An exclusive residential development along the Southern

Cape coast, offering a rare opportunity to own a piece of

paradise in a protected Nature Reserve in Southern

Africa.

Stand in Moquini Equestrian Estate. It is the last stand

with both 360 degree sea views as well as views of the

river mouth.

There are quite a few plans for the estate, one of which

will be a 5 star hotel, so anyone who purchases in the

estate at this time will see huge growth in investment in

the long run. The estate is in a nature reserve so all

fauna flora etc are protected. Whales and dolphins can

be seen from the stand.

Read more.

PORT ELIZABETH - R3 990 000 

Further reduced for quick sale!!!

Luxury Summerstrand guesthouse for sale in Port

Elizabeth

This going concern has special B&B Consent for 8

Rooms..

Description:

8 Bedrooms

8 Bathrooms

4 Living areas

Study

Modern & Spacious Kitchen

Garaging for 2 vehicles

Read more.

From the Desk of Marcel Deacon

COMMERCIAL PROPERTY OUTLOOK

 

Since the drastic downturn during 2008 and 2009, commercial real estate markets have been rebounding strongly

and changing the outlook of potential investors. While there could be a shake-up in how companies within the

sector will have to do their lease accounting, commercial real estate is once again starting to be viewed as a strong

asset class worthy of institutional investment. Commercial real estate is once again starting to be viewed as a

strong asset class

 

View our portfolio here

International Property

FLEURS DE CANNES - MAURITIUS 

 

The Villas Fleurs de Cannes were designed according to the promoters and investors

expectations of a Tropical habitat. Fleurs de Cannes Villas honour the high standard expected

of a well designed house, both in functionnality , space, comfort, security and high quality

environment. Villa Fleurs de Cannes will definitely charm its owners.

17 T5 villas of 225 mm at the heart of a secured allotment with swimming pool/kiosk, overhanging a green valley.

Within a few steps of hot white sanded beaches and crystal clear lagoons of Grand Bay. Enjoy the sweeping views

and relax at your new recreational centre offering squash sports and a fitness room.

Be among the first to acquire one of the 17 Fleurs de Canness RES villas, a new real estate project to be developed

by Heritage Promo Ltd on a 8 352 mm site in the white sand beaches region of Northern Grand Bay. Enjoy

sweeping views of enchanting land of billowing sugar cane fields, breathtaking sunlit mountain ranges and

turquoise coloured lagoons.

The villas Fleurs de Canness are designed so that their construction is in harmony with its landscape environment.

Only one type of villa was distributed across the plot, in order to adapt the construction as well as possible to the

weak slope ground. Constructions are established closest to natural ground.

Entry and exit to the residence are done through a principal access guarded by a security officer and is to the south-

east of the site. The principal alley which serves all 17 villas is planted with royal palm trees. The whole plot was

designed in such a way to guarantee a home feeling of peace, calm and serenity.

Read more.

Articles

AFRICAN BUSINESS ROUND-UP 

 

With the uncertainty in Arab Africa, there is no guarantee

projects for the region mentioned in this newsletter will

go ahead until things stabilise. Ghana is to sign an

Interim Economic Partnership Agreement with the

European Union this year following the lack of progress

at the ECOWAS level. Massmart shareholders have

voted in favour of Walmart's offer to acquire 51% of

Massmart. Australian based IRESS Market Technology

announced its acquisition of South African firm Peresys.

SABMiller has overcome key obstacles which previously

prevented it from making a bid for the Fosters Group in

Australia. Kenya and South Africa were elected co-

Chairs of the African Network for Drugs and Diagnostics

Innovation. Air Mauritius will fly directly to China from July.

Read more.

FNB 2011 REPORT 

 

There is no compelling evidence to suggest that 2011

will be a better year for the housing market than 2010

was according to John Loos, home loan strategist at

First National Bank.

According to estate agents the average time that it takes

to sell a property dropped from 17 weeks in 2009 to 15

weeks last year.

He says there is likely to be a slight improvement in

residential property demand coupled with some pricing

realism among property sellers who are battling to sell

in the current market.

His views are based on the fourth quarter estate agent

survey conducted by FNB.

Read more.

 

An owner is not entitled to withhold levies to set-off a

debt she believes is owed to her by the body corporate.

The correct way for an owner to deal with a situation

where she believes she is owed money by the body

corporate is to continue paying levies and attempt to

recover the money through the legal channels of

arbitration or litigation.

There is no provision in the Sectional Titles Act 95 of

1986 ("the Act" or the prescribed rules that gives an

owner the right to withhold duly raised levies. Even if an

owner believes that the body corporate owes her money,

this does not entitle her simply to set-off what she

believes to be the quantum of the claim by withholding

her levy payments without the matter being adjudicated.

One is only entitled to set-off a “liquid debt” once a

matter has been adjudicated by an arbitrator or a judge.

Read more.

SECTIONAL TITLE LEVY UPDATE

TIPS FOR BETTER GREEN LIVING

 

Green living is more than just a trend; it’s a sustainable

way of life that helps you reduce your day-to-day impact

on the environment. And while some eco-friendly lifestyle

changes may sound costly at first, going green is the

ideal way to keep your finances – and the planet – out of

the red.

Green living is more than just a trend - it’s a sustainable

way of life that helps you reduce your day-to-day impact

on the environment.

Below are 5 areas in your everyday life where you can

easily start cutting back on energy consumption, and

saving money that can be put to good use:

Read more.

Many entry-level buyers are losing out on the chance of

home ownership because no-one has advised them

how to clean up their credit records before applying for a

bond.

There is huge demand for houses in the R350 000 to

R800 000 price range in most areas of the Western

Cape.

But most sales fall through because the buyers’ home

loan applications are being refused – and most often not

because they don’t earn enough income to qualify, but

because they have a few minor problems on their credit

records that could easily have been resolved before they

went house-hunting.

Examples include black marks for a store account

installment unpaid because a bill went astray, a credit

card installment paid late because the borrower was on

holiday and a cell phone account that fell into arrears

because the phone was stolen.

Read more.

CREDIT RECORDS - ADVICE FOR BUYERS

 THE PROPERTY INDUSTRY

 

Ones of the best ways to stimulate real economic growth

in SA is to boost the property sector.

The boost could take two forms: making home

acquisition easier and increasing the delivery rate of

subsidised State homes.

On the first issue, the credit criteria of banks are so strict

that in recent months only 55% of bond applications

have been successful. While it is true that this is 5% up

on the previous rate, it is far below a situation in which

homeownership growth will help seriously improve the

economic recovery.

There is a need for a range of alternative home funding

schemes, many of which are already used in developed

countries. Among those are rent-to-buy (in which a

portion of the renting period is converted into a deposit to

facilitate an acquisition), installment sales (in which a

deal is struck between the

Read more.

THE BEST REVONVATION TIPS 

Although renovations can add value to a property, if

undertaken correctly, homeowners should have a sound

knowledge of property values in the area and the costs

involved before embarking on improvements to avoid

over-capitalising on their homes.

One of the most important factors that should be taken

into consideration is the area in which the property is

situated. Anyone who invests in property needs to keep

their wits about them. It may seem like a good idea to

add another bedroom or to install a large pool, turning a

mundane home into a palace, but owners need to

literally keep their fingers on the pulse of current property

market trends in the area in which they live before they

decide to undertake any costly renovations. 

Read more.

TRUSTEES MAY INCREASE LEVIES

 

Many trustees of sectional title schemes are not aware

that at the end of their financial year they are allowed to

increase members’ levies by up to 10%.

And in many (probably the majority) of ST schemes,

increases of up to 10% are necessary, because general

cost inflation as well as repair, maintenance, security,

insurance and utilities costs tend to rise by at least that

amount each year.

All too often the trustees will wait to apply to members of

the body corporate for a levy increase until the annual

general meeting, which can often take place four to six

months after the financial year-end.

Then if their proposal is accepted, the levy increase will

be backdated until the start of the financial year, which is

inconvenient, difficult to enforce and can be resented by

members. By contrast, a 10% increase automatically

imposed at the end of the financial year is usually

accepted without problems.

Read more. 

Events / Things to do

LIGHTHOUSE TO LIGHTHOUSE

O N L Y F O R T H E F I T A N D E X P E R I E N C E

MOUNTAINBIKER

19 & 20 Feburary 2011

Event Date  :  19 Feb 2011

Province  :  Western Province

Venue  :  Danger Point Lighthouse near Gansbaai

Online Start Date  :  23 Nov 2010

Online End Date  :  16 Feb 2011

Read more.

CLARENS NATIONAL MTB SERIES

Clarens is a beautiful part of the world and is also nice

and central for many up-country riders. Being just 3hrs

away from Johannesburg, Bloemfontein and

Pietermaritzburg no reason to miss this beautifull event,

so make sure you are there for this inaugral event.

Situated in the Eastern Free State, Clarens is such a

scenic and wonderful place that it is a big source of

inspiration for many artists.

Last year the event caused quite a stirr, as it was said

that the route is on world standards. And completely

blew everyone away! The route is probably the most

visually appealing and varied but challenging one that

we have ever put together. It follows sand road, jeep

track, huge rock-trails and single

Read more.

Recipes

VALENTINES HIGH TEA

Sparkling Wine

Party Sandwiches

Cheese Straws

Tea and Coffee

Mango Hearts with Yoghurt

Melted Chocolate Mini Cup Cakes

Multi-Layered Millionaire's Slab Cake

Read more.

Copyright © 2010 | Designed by WebNow

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GOOD NEWS FOR THE VEHICLE INDUSTRY

 

2011 and new vehicle sales started on a positive note reported by NAAMSA

(National Association of Automobile Manufacturers South Africa). As

expected, the year on year growth momentum was more subdued than the

frenetic pace recorded during the last quarter of 2010, with aggregate

industry sales improving by 7064 units or 18.6 percent y/y to 45,135 vehicles

from 38,071 units in January last year. For 2011, domestic new car sales, at

this stage, were projected to improve by 10 percent to 15 percent in volume

terms. New commercial vehicle sales, on the back of anticipated higher

economic activity levels, could improve by up to 15 percent.  This is good 

news for the South African economy and especially the property market.

Weekly Property Feature

New Release Property

From the Desk of Marcel

Deacon

International Property

Articles

Events/ Things to do

Recipes

Weekly Property Feature

GEORGE - R1 600 000

Price reduced - best buy

industrial property in George!!!

Two industrial buildings for the

price of one! Easy accessible!

Building no 1:

360m  (floor space) 2 Offices

Storage space

Kitchen

Staff toilet

Bathroom

Dressingroom (staff)

240m  workshop (remainder)Alarm system

Building no 2

Read more.

GRABOUW - R3 500 000

 

The property is situated in the heart of

the apple country within walking

distance of the picturesque village of

Grabouw. This region is situated in

the Core Zone of the Kogelberg

Nature Reserve and has developed

into an up-market residential area.

A Swiss-style three-level spacious

chalet is nestled in a landscaped

garden with private swimming pool.

The guest house has 3 bed rooms

and a self-contained cottage. The

gardens are heavily wooded and rich

in fynbos and bird life.  

Read more.

KNYSNA - R1 495 000

Situated in a quite cul-de-sac with a

stream running through the garden -

THIS IS PARADISE! Professionally

landscaped garden.

MAIN HOUSE:

4 Bedrooms, 2 bathrooms, lounge

with fireplace, diningroom, stunning

kitchen, covered entertainment area

& garage.

FLAT 1:

Lounge, diningroom, kitchen, 2

bedrooms & 2 bathrooms.

FLAT 2:

Lounge, kitchen, 2 bedrooms, 1

bathroom & lock-up garage.   

Read more.

New Release Property

MOSSEL BAY - R2 600 000

Moquini equestrian estate mossel bay nature reserve

An exclusive residential development along the Southern

Cape coast, offering a rare opportunity to own a piece of

paradise in a protected Nature Reserve in Southern

Africa.

Stand in Moquini Equestrian Estate. It is the last stand

with both 360 degree sea views as well as views of the

river mouth.

There are quite a few plans for the estate, one of which

will be a 5 star hotel, so anyone who purchases in the

estate at this time will see huge growth in investment in

the long run. The estate is in a nature reserve so all

fauna flora etc are protected. Whales and dolphins can

be seen from the stand.

Read more.

PORT ELIZABETH - R3 990 000 

Further reduced for quick sale!!!

Luxury Summerstrand guesthouse for sale in Port

Elizabeth

This going concern has special B&B Consent for 8

Rooms..

Description:

8 Bedrooms

8 Bathrooms

4 Living areas

Study

Modern & Spacious Kitchen

Garaging for 2 vehicles

Read more.

From the Desk of Marcel Deacon

COMMERCIAL PROPERTY OUTLOOK

 

Since the drastic downturn during 2008 and 2009, commercial real estate markets have been rebounding strongly

and changing the outlook of potential investors. While there could be a shake-up in how companies within the

sector will have to do their lease accounting, commercial real estate is once again starting to be viewed as a strong

asset class worthy of institutional investment. Commercial real estate is once again starting to be viewed as a

strong asset class

 

View our portfolio here

International Property

FLEURS DE CANNES - MAURITIUS 

 

The Villas Fleurs de Cannes were designed according to the promoters and investors

expectations of a Tropical habitat. Fleurs de Cannes Villas honour the high standard expected

of a well designed house, both in functionnality , space, comfort, security and high quality

environment. Villa Fleurs de Cannes will definitely charm its owners.

17 T5 villas of 225 mm at the heart of a secured allotment with swimming pool/kiosk, overhanging a green valley.

Within a few steps of hot white sanded beaches and crystal clear lagoons of Grand Bay. Enjoy the sweeping views

and relax at your new recreational centre offering squash sports and a fitness room.

Be among the first to acquire one of the 17 Fleurs de Canness RES villas, a new real estate project to be developed

by Heritage Promo Ltd on a 8 352 mm site in the white sand beaches region of Northern Grand Bay. Enjoy

sweeping views of enchanting land of billowing sugar cane fields, breathtaking sunlit mountain ranges and

turquoise coloured lagoons.

The villas Fleurs de Canness are designed so that their construction is in harmony with its landscape environment.

Only one type of villa was distributed across the plot, in order to adapt the construction as well as possible to the

weak slope ground. Constructions are established closest to natural ground.

Entry and exit to the residence are done through a principal access guarded by a security officer and is to the south-

east of the site. The principal alley which serves all 17 villas is planted with royal palm trees. The whole plot was

designed in such a way to guarantee a home feeling of peace, calm and serenity.

Read more.

Articles

AFRICAN BUSINESS ROUND-UP 

 

With the uncertainty in Arab Africa, there is no guarantee

projects for the region mentioned in this newsletter will

go ahead until things stabilise. Ghana is to sign an

Interim Economic Partnership Agreement with the

European Union this year following the lack of progress

at the ECOWAS level. Massmart shareholders have

voted in favour of Walmart's offer to acquire 51% of

Massmart. Australian based IRESS Market Technology

announced its acquisition of South African firm Peresys.

SABMiller has overcome key obstacles which previously

prevented it from making a bid for the Fosters Group in

Australia. Kenya and South Africa were elected co-

Chairs of the African Network for Drugs and Diagnostics

Innovation. Air Mauritius will fly directly to China from July.

Read more.

FNB 2011 REPORT 

 

There is no compelling evidence to suggest that 2011

will be a better year for the housing market than 2010

was according to John Loos, home loan strategist at

First National Bank.

According to estate agents the average time that it takes

to sell a property dropped from 17 weeks in 2009 to 15

weeks last year.

He says there is likely to be a slight improvement in

residential property demand coupled with some pricing

realism among property sellers who are battling to sell

in the current market.

His views are based on the fourth quarter estate agent

survey conducted by FNB.

Read more.

 

An owner is not entitled to withhold levies to set-off a

debt she believes is owed to her by the body corporate.

The correct way for an owner to deal with a situation

where she believes she is owed money by the body

corporate is to continue paying levies and attempt to

recover the money through the legal channels of

arbitration or litigation.

There is no provision in the Sectional Titles Act 95 of

1986 ("the Act" or the prescribed rules that gives an

owner the right to withhold duly raised levies. Even if an

owner believes that the body corporate owes her money,

this does not entitle her simply to set-off what she

believes to be the quantum of the claim by withholding

her levy payments without the matter being adjudicated.

One is only entitled to set-off a “liquid debt” once a

matter has been adjudicated by an arbitrator or a judge.

Read more.

SECTIONAL TITLE LEVY UPDATE

TIPS FOR BETTER GREEN LIVING

 

Green living is more than just a trend; it’s a sustainable

way of life that helps you reduce your day-to-day impact

on the environment. And while some eco-friendly lifestyle

changes may sound costly at first, going green is the

ideal way to keep your finances – and the planet – out of

the red.

Green living is more than just a trend - it’s a sustainable

way of life that helps you reduce your day-to-day impact

on the environment.

Below are 5 areas in your everyday life where you can

easily start cutting back on energy consumption, and

saving money that can be put to good use:

Read more.

Many entry-level buyers are losing out on the chance of

home ownership because no-one has advised them

how to clean up their credit records before applying for a

bond.

There is huge demand for houses in the R350 000 to

R800 000 price range in most areas of the Western

Cape.

But most sales fall through because the buyers’ home

loan applications are being refused – and most often not

because they don’t earn enough income to qualify, but

because they have a few minor problems on their credit

records that could easily have been resolved before they

went house-hunting.

Examples include black marks for a store account

installment unpaid because a bill went astray, a credit

card installment paid late because the borrower was on

holiday and a cell phone account that fell into arrears

because the phone was stolen.

Read more.

CREDIT RECORDS - ADVICE FOR BUYERS

 THE PROPERTY INDUSTRY

 

Ones of the best ways to stimulate real economic growth

in SA is to boost the property sector.

The boost could take two forms: making home

acquisition easier and increasing the delivery rate of

subsidised State homes.

On the first issue, the credit criteria of banks are so strict

that in recent months only 55% of bond applications

have been successful. While it is true that this is 5% up

on the previous rate, it is far below a situation in which

homeownership growth will help seriously improve the

economic recovery.

There is a need for a range of alternative home funding

schemes, many of which are already used in developed

countries. Among those are rent-to-buy (in which a

portion of the renting period is converted into a deposit to

facilitate an acquisition), installment sales (in which a

deal is struck between the

Read more.

THE BEST REVONVATION TIPS 

Although renovations can add value to a property, if

undertaken correctly, homeowners should have a sound

knowledge of property values in the area and the costs

involved before embarking on improvements to avoid

over-capitalising on their homes.

One of the most important factors that should be taken

into consideration is the area in which the property is

situated. Anyone who invests in property needs to keep

their wits about them. It may seem like a good idea to

add another bedroom or to install a large pool, turning a

mundane home into a palace, but owners need to

literally keep their fingers on the pulse of current property

market trends in the area in which they live before they

decide to undertake any costly renovations. 

Read more.

TRUSTEES MAY INCREASE LEVIES

 

Many trustees of sectional title schemes are not aware

that at the end of their financial year they are allowed to

increase members’ levies by up to 10%.

And in many (probably the majority) of ST schemes,

increases of up to 10% are necessary, because general

cost inflation as well as repair, maintenance, security,

insurance and utilities costs tend to rise by at least that

amount each year.

All too often the trustees will wait to apply to members of

the body corporate for a levy increase until the annual

general meeting, which can often take place four to six

months after the financial year-end.

Then if their proposal is accepted, the levy increase will

be backdated until the start of the financial year, which is

inconvenient, difficult to enforce and can be resented by

members. By contrast, a 10% increase automatically

imposed at the end of the financial year is usually

accepted without problems.

Read more. 

Events / Things to do

LIGHTHOUSE TO LIGHTHOUSE

O N L Y F O R T H E F I T A N D E X P E R I E N C E

MOUNTAINBIKER

19 & 20 Feburary 2011

Event Date  :  19 Feb 2011

Province  :  Western Province

Venue  :  Danger Point Lighthouse near Gansbaai

Online Start Date  :  23 Nov 2010

Online End Date  :  16 Feb 2011

Read more.

CLARENS NATIONAL MTB SERIES

Clarens is a beautiful part of the world and is also nice

and central for many up-country riders. Being just 3hrs

away from Johannesburg, Bloemfontein and

Pietermaritzburg no reason to miss this beautifull event,

so make sure you are there for this inaugral event.

Situated in the Eastern Free State, Clarens is such a

scenic and wonderful place that it is a big source of

inspiration for many artists.

Last year the event caused quite a stirr, as it was said

that the route is on world standards. And completely

blew everyone away! The route is probably the most

visually appealing and varied but challenging one that

we have ever put together. It follows sand road, jeep

track, huge rock-trails and single

Read more.

Recipes

VALENTINES HIGH TEA

Sparkling Wine

Party Sandwiches

Cheese Straws

Tea and Coffee

Mango Hearts with Yoghurt

Melted Chocolate Mini Cup Cakes

Multi-Layered Millionaire's Slab Cake

Read more.

Copyright © 2010 | Designed by WebNow