Property News


Bumper holiday sales season for Cape Town’s Atlantic Seaboard lays the foundation for a good year, says Seeff
Jan 14, 2014

As the city hosted and continues to host the annual influx of local and foreign visitors, Seeff's Atlantic Seaboard managing director, Ian Slot says that the agency is experiencing a bumper holiday sales season. Following a better than expected performance of the market last year and with trade during the summer months significantly up on the same period last year, sellers can look forward to a good year. The city's growing prominence as a diverse tourist destination and the favourable exchange rate, he says is a definite boost for the property market.


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Residential real estate market on solid ground heading into 2014
Dec 12, 2013
With buyer sentiment growing and more balance, the residential real estate market is on solid, although still somewhat fragile ground as we head into 2014. Given the macro-economic landscape, the market is naturally likely to remain under pressure, but coming off a good year, we anticipate stable conditions and business as usual for buyers and sellers.
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Brittania Bay on the West Coast a good bet for holiday home value seekers
Dec 11, 2013
The flat market conditions make this an ideal time to invest in a second home, especially along the coast, says Seeff West Coast agent, Karin Holloway. Whether for holiday or investment purposes, buyers looking for real value though should widen their scope to the smaller, lesser known spots where prices have largely remained stagnant over the last few years. Buying now, means that you can pick up a property at an excellent price that is bound to accumulate in value quite rapidly once the market turns, but buying smart and holding onto your property for at least five years is necessary to turn it into a veritable long-term asset.
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Affordable new apartments near Midrand Gautrain sell out fast, second phase launched
Dec 11, 2013
The first phase of the affordable new apartment development, Birchfield, located in Grand Central near the Midrand Gautrain station that launched about six months ago is just about sold out, says Seeff Sandton/Midrand Projects Director, Glen Fisher. The response was overwhelming and testimony to the demand for affordable homes close to transport infrastructure.
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Rare Upper Constantia estate, Longvale Manor on the market for R35 million
Dec 11, 2013
One of the most sought-after properties in Upper Constantia, Longvale Manor has come onto the market, priced at R35 million. The property is located in an elevated and absolutely prime position and enjoys stunning views of Table Mountain and the False Bay coastline, say Seeff agents, Shelley Kruger, Marie Durr and Janine Stevenson.
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Bumper holiday sales season predicted for Atlantic Seaboard
Dec 11, 2013
As we welcome the annual influx of local and foreign visitors, Seeff's Atlantic Seaboard managing director, Ian Slot says that the agency is predicting a bumper holiday sales season. If the performance of the market for this year and especially into the start of the summer months is anything to go by, then serious sellers can look forward to good offers over the next few months.
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Luxury estate home complete with a mini soccer field on the market in Fourways Gardens for R9,9 million
Nov 29, 2013
Want to raise the next Leo Messi or Ronaldo? Then your very own mini soccer field will be just the decider when it comes to a luxury home in the Fourways Gardens Estate that is on the market for R9,9 million, say Seeff agents, Sharon Caradoc-Davies and Michele Zuccollo.
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Family buyers drive buoyant demand for Newlands homes, say agents
Nov 29, 2013
As one of the most central neighbourhoods of the Southern Suburbs with top class schools and UCT on the doorstep, the leafy lanes of Newlands has always held great appeal for family buyers, say Seeff agents, Barbara van der Westhuyzen and Vanessa Clerke.
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Location and luxury lifestyle for the Atlantic Seaboard’s trophy homes
Nov 29, 2013
Demand for suburbs such as Clifton, Bantry Bay, Fresnaye and Camps Bay is up year-on-year and homes here continue to raise the bar in terms of the exclusive lifestyle and the price that buyers are prepared, says Seeff's Atlantic Seaboard luxury market specialist, Lance Cohen. Exclusive trophy homes here are increasingly fetching prices upwards of R20-R30 million and are beginning to breach the R100 million barrier.
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Robust outlook for 2014 as the housing market gains momentum
Nov 29, 2013
With 2014 set to be a milestone year as we celebrate 20 years of democracy and hold elections, there is much to be upbeat about. After five years of inhibited growth, activity in the primary urban areas has strengthened notably with conditions at the healthiest levels since the economic down-turn. Next year, we may well see the first signs of real growth and double-digit price growth is a real possibility in the primary urban areas.
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