16 Oct 2012
Jeffreys Bay, an idyllic setting with world-renowned waves, beautiful beaches and glorious sunshine, offers prospective buyers property at affordable prices.
According to Linda Erasmus, CEO of Fine & Country International Realty SA, the area has shown a marked increase in property movements since 2009 and its unique seaside beauty and wide range of property prices ''bottle the magic" of coastal property ownership, making properties attainable for a broad target market.
Entry level prices for flats are around the R500 000 mark, whereas a top-end home on the beach will cost about R7 million.
Buyers looking for prices in this range can expect to pay around R800 000 to R1 million for a typical family home, R700 000 to R2.8 million to settle in a beautiful flat or a home in the secure marina development, and from about R3 million for a home with unparalleled sea views.
An upmarket, secure retirement estate offers top-quality homes from R1 million, she says. "Regardless of your location in Jeffreys Bay, you’re only ever five minutes away from the beach."
An example of a home on the market is a 287 square metre house priced at R2.65 million, situated in the secure Marina Martinique. It is built on the canals and has four bedrooms and bathrooms, two living areas, a modern kitchen, double garage and mooring for a boat.
A combination of a moderate climate, long beaches, shopping malls, a nine-hole golf course, sports facilities, multiple nature reserves, hiking trails, schools and restaurants makes Jeffreys Bay a peace-seeking property owner’s dream, says Erasmus.
Rather than compromise its seaside charm, she says its growing property development has only added to its appeal. Located at the beginning of the picturesque Garden Route, it is also the ideal base from which to explore Tsitsikamma, Storms River, Baviaanskloof and other neighbouring towns and attractions.
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