room Bantry Bay is superbly located right on the sea front. The self-catering apartments, built against a sheltered, craggy rockface, achieve a wonderful balance between the simple and the lux- urious. Individual balconies stretch out from each apartment providing private sunbathing. Sea Point, with its unusual boutiques, excellent restaurants and night spots, is just a few minutes' drive away . The resort has its own swimming pool. Picnic baskets are available from recep- tion at a fee - please give 24h notice. Braai facilities are available (your porter can help you to get the fire ready)Created by a leading interior designer, the self-catering apartments, from the luxury penthouse units to the smaller units, achieve a perfect balance between elegant simplicity and opulence. There is limited parking available. Please arrange with resort before arrival. Babysitting can be arranged by notifying the reception before 3 p.m. There is a daily cleaning service in the mornings. No deposits are levied. Any charges occurred during stay, to be settled on departure. All linen is supplied except beach towels. All the units have telephone, television, M-NET, 2nd channel, hairdryer and shaver plug. Pets are not allowed. Please advise resort beforehand if arriving late. NB. A CAR IS ESSENTIAL IN SOUTH AFRICA Please note that there is no parking facilities at the resort. Members will need to park at another hotel which is a 5minute walk from the resot. Parking is charged on a daily basis. No cancellation fees when purchasing cancellation insurance. Certain restrictions apply. Allowable checkin day(s): Friday Checkin Time: 1400 Checkout Time: 1000 Low Rate: 770 USD High Rate: 770 USD. http://www.arkadia.com/ltas-t462875/

house, terrace Family friendly, nice, comfortable country house. On the outskirts, in a quiet, sunny position on a slope, in the countryside. Private: grounds. Outside shower. Barbecue, parking by the house. Shop, grocers, sandy beach 200 m. Golf course 3 km. 3-room house, comfortable and nice furnishings: living/dining room with satellite-TV, flat screen TV and DVD. Exit to the terrace. 1 double bedroom. Kitchen (4 hotplates, oven, dishwasher, micro wave, freezer). Bath/shower/WC. Gas heating. Top floor: 1 room with 2 beds and 1 double bed. Terrace 15 m2. Terrace furniture, deck chairs. Very nice view of the sea and the countryside. Reserved parking by the house. Booking fee: 30 USD Property allows stays of 8 nights or more; and can start any day of the week from Jun-24-10 to Jul-31-10 Property allows stays of 8 nights or more; and can start any day of the week from Aug-01-10 to Nov-26-10 Final cleaning: , Included in the price. Laundry (initial supply of bed linen and towels): fixed price, Included in the price. Low Rate: 1026 USD High Rate: 1539 USD. http://www.arkadia.com/ltas-t583057/

house, swimming pool, staff accommodation available space for the kids, pool, large yard what more would you look for? close to all amemities - well priced for bluewater Bay

flat UNIT 9 11 DIAZ, JEFFREY`S BAY. PLEASE NOTE THAT THE SELLING PRICE IS JUST A GUIDELINE MINIMUM PRICE WHERE YOU CAN START MAKING OFFERS FROM AND IS NOT GUARANTEED TO BE THE ACCEPTANCE PRICE. Last bank valuation also the marketing price , last bank valuation at R1900000, open to lower offers , maybe even at just R1420 000. ... 2 bedrooms / 2 bathrooms / kitchen / lounge

house Feel at home in this comfortable modern duet,Ideal for young couple - modern kinky and above all, a patio and blacony vir view! Indoon fireplace for cosy family-evenings! Tuscan flavour, you will fell in love! Big single garage, semi-fenced!

house Something special! Interesting Outlay! Wonderful spacious entertaining room with lovely seaviews! Semi-doublestorey! Nice area with green openspace in front! The image is Space and Taste!

commercial We have pleasure in offering Shell Bay Blue for Sale. Prominently situated in Drommedaris Street, in the holiday resort of Jeffrey's Bay, overlooking the sea, only 250 m away.This quaint gift shop is a well known purveyor of Sea Shells, crystals, curios, silver & crystal jewellry interior gifts, mirrors, paintings etc...Full operating turnover and cost structures available to the interseted buyer.

house PLEASE NOTE THAT THE SELLING PRICE IS JUST A GUIDELINE MINIMUM PRICE WHERE YOU CAN START MAKING OFFERS FROM AND IS NOT GUARANTEED TO BE THE ACCEPTANCE PRICE. Last bank valuation also the marketing price , last bank valuaion at R900000, open to lower offers , maybe even start offers at just R720000. Unit at De Hof, Seetuin Road, Jeffreys Bay ... 3 bedrooms / 2 bathrooms / kitchen / lounge / garage

Known as the home of the perfect wave, Jeffrey’s Bay needs a hotel offering international standards, and this gorgeous old building is all set for new energy! Being South Africa’s current boom town, the site, in the centre of town, also offers an incredible development opportunity. ... Erf Size: 2974m² / Hotel: 2010m² / Bottlestore: 90m² / Restaurant: 300m² / Zoning: Special Business / Coverage permitted: 80% / Height permitted: 11m - although the Hotel falls within the high density area for the new spatial development plan for Jeffrey’s Bay which means that the height restriction should be relaxed to 6 floors within the near future / Rates & Taxes: R60 000 per annum / The Hotel consists of: / 37 Rooms / 4 x Single Rooms / 8 x Double Rooms / 13 x Twin Rooms / 12 x Family Rooms / 1 x Swimming Pool for guests only / 1 x 60-seater Conference Room (main income currently from Department of Education and Labour) / 1 x Laundry (must be upgraded or outsourced) / 1 x Pool Bar / 1 x Main Bar (utilized by the public) / 1 x Restaurant with Kiddies Room / / Prime Selling Points: / This is the only hotel in Jeffrey’s Bay - no competition other than Bed & Breakfast establishments (it needs to be upgraded to accommodate international tourists) / Golf is fast becoming a top activity in Jeffrey’s Bay with two new golf courses - Jack Nicklaus design - currently being developed by Golf Data / There has been no less than 40 new developments in the past few years / Jeffrey's Bay is commonly referred to as the home of the perfect wave and is internationally renowned for some of the most spectacular surfing in the world. The miles and miles of pristine beach, found along this coastline also offer fantastic fishing and swimming / Jeffrey’s Bay’s Blue Flag beach is considered to be one of the safest in the world (hotel is 100m from the beach) / Jeffrey's Bay is a popular holiday destination with an estimated 150 000 visitors, both local and international, visiting in December alone. / Jeffrey's Bay offers both the local and international investor a secure investment offering a relaxed lifestyle, interspersed with many outdoor activities, fine dining and the ultimate shopping experience / / Nearby attractions, all within easy driving distance of Jeffrey's Bay include: / St Francis Bay (home to the famous St Francis Link) - 15min / Port St Francis (Calamari Festival)- 20min / Shumba Safaris - 40min / Baviaanskloof (Reserve with 4x4 trails) - 45min / Tsitsikamma Forest and Storms River Mouth - 60min / Addo Elephant Park - 90min / Shamwari (See the Big Five) - 120min / / For the developer: / A new development, Neptune's Terrace, was done on the block across the street from the Savoy Hotel (same zoning & similar size of land). The development consists of 60 residential units and 23 retail shops. Prices vary from R550 000 to R2 400 000 - 90% sold already. / / Port Elizabeth's international airport is a 40min drive from Jeffrey's Bay

plot Prime development land with sea views in every direction in this world famous surfing mecca! ... Size: 6018 sqm / Zoning: Group Housing (Rights in place for 24 units) / / This beautiful piece of ground has uninterrupted 180 degree sea- and breaker views, and is perfect for the development of approximately 24 units that varies from 133 - 240 square meters / / Located in an excellent residential area, the erf is elevated and all the units will have not only sea views but also breaker views of the nearby beaches as well as the whole of the bay towards the Gamtoos Mouth / / Services are not in place yet / / Jeffrey's Bay is experiencing rapid growth and expansion and this is a genuine "not to be missed opportunity"! / / Proposed plans, specification lists & artist's impression available on request.

house Lovely 3 bedroom home with lots of extras. ... 3 Bedrooms / 2 Bathrooms / Lounge / Dining room / Kitchen / Laundry / Scullery / TV lounge / Fireplace in lounge / Enclosed balcony / Patio / Tiled roof / Tiled floors / Enclosed braai area / Parking / Study / Double garage with automated doors / Walled / 180º sea views / East facing / Alarm system / Walk in safe / Store room with built-in cupboards / Flatlet with kitchenette, bedroom & bathroom

house This home offers 3 bedrooms, 3 bathrooms, open plan living and so much more. Great value for your money. ... House size = 380m² / Erf size = 660m² / 3 Bedrooms / 3 Bathrooms / Open plan kitchen/dining room/lounge / Separate laundry/scullery / Pantry / Store room / Unfurnished / Patio / Deck / Tiled roof / Covered braai area / Tiled double garage with automated doors / Fully walled / Alarm system / Sea views

flat This is a 2 bedroom, 1 bathroom apartment.

house Hanois Singel, Plettenberg Bay. PLEASE NOTE THAT THE SELLING PRICE IS JUST A GUIDELINE MINIMUM PRICE WHERE YOU CAN START MAKING OFFERS FROM AND IS NOT GUARANTEED TO BE THE ACCEPTANCE PRICE. Last bank valuation also the marketing price , Last bank valuation at R1300000 , open to lower offers , maybe even start offers at just R 975000. ... 3 bedrooms / 1 bathroom / lounge / kitchen / garage

cottage Plenty interior timber creates a warm “farmhouse feel” in this carefully planned & inviting open living cottage. Combined with the security and beauty of Grotto Bay, and the privilege of being a part-owner of one of South Africa’s Biosphere Reserves, this is a gem! ... Erf Size: 788m² / Home: 275m² / Double Garage: 60m² / / GROUND LEVEL: / Reception Room / Open Plan Lounge with Queen Anne fireplace, Diningroom & delightful fully fitted kitchen / Pantry / Laundry & Scullery / Study (or 4th bedroom) / Guest Cloak / Enclosed Braai room / Covered Verandah / Double Garage with direct access / LOFT: / "Exhibition" style landing / Main bedroom en-suite / Two Guest Bedrooms & bathroom / PLUS: / Water feature in gorgeous natural fynbos garden / Well point and irrigation / Part-ownership of a nature Reserve which forms part of one of South Africa's Biosphere Reserves (4 only) / SAFETY & SECURITY / Levies: R357,38 (incl Road Fund & 1000 litres pottable water) / Rates: R141,62 / / Grotto Bay is part of one (of only 4) Biosphere Reserves in South Africa and was proclaimed a Nature Reserve in 2003. It is a safe and secure estate 45 minutes' scenic drive on the R27 from Cape Town, between Melkbosstrand (30km) and Yzerfontein (40km). / It offers an abundance of wild flowers in spring, wonderful birdlife (over 150 species), and is a haven for Grysbok, Duiker, Steenbok and various other indigenous wild life species. / There are various hiking trails, notably the Black Oystercather Coastal Trial where the African Black Oystercatcher Conservation and Breeding program has been successfully implemented (in conjunction with the University of Cape Town) / Residents have access to secluded beaches, rocky inlets and coves, and can all but touch the Whales during their annual migration. / In short, if you are looking for security, peace, tranquillity, and "unity" with nature, Grotto Bay is the answer!

house This spotless four bedroom home cannot be faulted! Offering lovely sea views, privacy, a glorious entertainment deck, and a large double garage fitted to double up as a carpenter’s haven, it is, in a word… delightful! ... Erf Size: 757m² / Home: 239m² / Garage: 71m² / / GROUND LEVEL: / Entrance Hall / Lounge / Dining Room / Study / Fully fitted kitchen / Laundry, Scullery & Drying Yard / Main bedroom en-suite / Gorgeous covered verandah / Large double garage with direct access / Lovely indigenous garden / LOFT: / Three bedrooms (one en-suite) / Bathroom / Loads of built-in cupboards throughout / Part-ownership of a nature Reserve which forms part of one of South Africa's Biosphere Reserves (4 only) / SAFETY & SECURITY / Levies: R357,38 (incl Road Fund & 1000 litres pottable water) / Rates: R.... / / Grotto Bay is part of one (of only 4) Biosphere Reserves in South Africa and was proclaimed a Nature Reserve in 2003. It is a safe and secure estate 45 minutes' scenic drive on the R27 from Cape Town, between Melkbosstrand (30km) and Yzerfontein (40km). / It offers an abundance of wild flowers in spring, wonderful birdlife (over 150 species), and is a haven for Grysbok, Duiker, Steenbok and various other indigenous wild life species. / There are various hiking trails, notably the Black Oystercather Coastal Trial where the African Black Oystercatcher Conservation and Breeding program has been successfully implemented (in conjunction with the University of Cape Town) / Residents have access to secluded beaches, rocky inlets and coves, and can all but touch the Whales during their annual migration. / In short, if you are looking for security, peace, tranquillity, and "unity" with nature, Grotto Bay is the answer!

house EXCEPTIONAL … DISTINCTIVE … IRREPLACABLE … SECURE! Yet none of the above can capture the essence and ambience of this strikingly unusual & beautiful home! Built to last beyond Armageddon, the 480m² traditional West Coast Manor House, designed by renowned Architect Gawie Fagan, was constructed using the time-honoured pisté method (compacted mixture of clay, manure & lime). The interior is an artistic delight with a ball-room sized living area where fan-topped double doors offer glorious sea views all the way to Dassen Island. The inventive combination of rustic and style makes Mud River Manor, in tranquil & secure Grotto Bay, the most desirable property on the West Coast. ... House Size: 480m² / Erf Size: 923m² / Levy: R357,38 per month (including a thousand litres of potable water per household per day - all owners are members of the Section 21 Company which runs the Estate) / / Delightful entrance hall (with magnificent stained glass doors leading to lounge) / Large Lounge (13.5 x 7mt) with unique Spaanscheriet cathedral ceiling, gorgeous fireplace (solid teak mantelpiece) shuttered sash windows & fan-top French doors / Guest Cloak / Dining room with cobalt blue Indonesian tiles & beamed ceiling / Gloriously rustic farmhouse kitchen / Mezzanine (can be used as TV lounge or study) / Three en-suite bedrooms (main in loft) / Cobbled patio / Super sized Double garage (80m²) / Exquisite indigenous garden / Borehole / Part-ownership of a nature Reserve which forms part of one of South Africa's Biosphere Reserves (4 only) / SAFETY & SECURITY / / Grotto Bay forms part of one (of only 4) Biosphere Reserves in South Africa and was proclaimed a Nature Reserve in 2003. It is a safe and secure estate 45 minutes' scenic drive on the R27 from Cape Town, between Melkbosstrand (30km) and Yzerfontein (40km). / It offers an abundance of wild flowers in spring, wonderful birdlife (over 150 species), and is a haven for Grysbok, Duiker, Steenbok and various other indigenous wild life species. / There are various hiking trails, notably the Black Oystercather Coastal Trial where the African Black Oystercatcher Conservation and Breeding program has been successfully implemented (in conjunction with the University of Cape Town) / Residents have access to secluded beaches, rocky inlets and coves, and can all but touch the Whales during their annual migration. / / In short, if you are looking for security, peace, tranquillity, and "unity" with nature, Grotto Bay is the answer!

cottage For the “green living” enthusiast, there is no need to look further than “Mangus Cottage”! Named after "neighbouring" Cape Grey Mongoose families, it was built in 1995 and skilfully extended and renovated in 2001. This innovative cottage is incredibly versatile (can easily be converted into a four bedroom home) and offers complete and ideal work from home facilities – entire top section, other than main bedroom, used as offices at present - 110m². It also offers perfect dual living accommodation - 80m² downstairs. Mangus Cottage offers: ... LOFT: / Main Bedroom & Bathroom / Office with gorgeous views of Table Mountain, and equipped with various plug points, DSTV input, telephone and ADSL line (Surge Suppressor installed in main board) / Adjoining Kitchenette and shower cubicle / Centre room with fireplace & two loft windows with lovely sea views (also currently equipped as small home theatre & music room) / GROUND LEVEL: / Lounge with wood-burning Danish stove which warms up the entire cottage in winter / Open plan kitchen / Guest Bedroom en-suite / Fully fitted Library (can house more than 4000 books) previously used as second garage / Enclosed verandah with built-in braai / Laundry / Cellar with Safe / Garage with plenty of shelves / PLUS: / Solar Power System (converts to 220 volt electric power to drive computers etc) / Solar Water Purification System / Small Solar Oven / Protected Herb Hut for veggies & herbs with automatic fertigation system / 2 x 1500 litre Rainwater Tanks / Two plactic drums for liquid fertiliser / Three colonies of red worms to convert vegetable waste to compost / Mangus Cottage also offers complete privacy, lovely sea views, a sophisticated alarm system, and roller blinds / Part-ownership of a nature Reserve which forms part of one of South Africa's Biosphere Reserves (4 only) / SAFETY & SECURITY / Erf Size: 775sqm / Levies: R334,58 (incl Road Fund & 1000 litres pottable water) / Rates: R141,62 / / Grotto Bay is part of one (of only 4) Biosphere Reserves in South Africa and was proclaimed a Nature Reserve in 2003. It is a safe and secure estate 45 minutes' scenic drive on the R27 from Cape Town, between Melkbosstrand (30km) and Yzerfontein (40km). / It offers an abundance of wild flowers in spring, wonderful birdlife (over 150 species), and is a haven for Grysbok, Duiker, Steenbok and various other indigenous wild life species. / There are various hiking trails, notably the Black Oystercather Coastal Trial where the African Black Oystercatcher Conservation and Breeding program has been successfully implemented (in conjunction with the University of Cape Town) / Residents have access to secluded beaches, rocky inlets and coves, and can all but touch the Whales during their annual migration. / In short, if you are looking for security, peace, tranquillity, and "unity" with nature, Grotto Bay is the answer!

house This utterly charming home offers outstanding open plan living, three lovely spacious bedrooms, each with private “designer” bathroom, and a separate pub-cum-braai room – an entertainer’s delight! Tastefully decorated, it has upmarket finishes throughout, and is unquestionably a “must view” property. ... Home Size: 210sqm / Garage: 44sqm / Braai Room: 22sqm / / LOFT: / Informal lounge/TV Room / Study / Two Bedrooms each with private bathroom / GROUND LEVEL: / Lounge / Dining Room / Fully fitted kitchen / Separate scullery/laundry / Bedroom and bathroom / Delightful courtyard / Separate pub cum braai room with guest cloak / Double garage / Pretty garden / / Lovely sea views / Part-ownership of a Nature Reserve which forms part of one of South Africa's Biosphere Reserves (4 only) / SAFETY & SECURITY / Levies: R357,38 (incl Road Fund & 1000 litres pottable water) / Rates: R180,00 per month / / GROTTO BAY was proclaimed a Nature Reserve in 2003, and forms part of one (of only 4) Biosphere Reserves in South Africa. It is a safe and secure estate 45 minutes' scenic drive on the R27 from Cape Town, between Melkbosstrand (30km) and Yzerfontein (40km). / It offers an abundance of wild flowers in spring, wonderful birdlife (over 150 species), and is a haven for Grysbok, Duiker, Steenbok and various other indigenous wild life species. / There are various hiking trails, notably the Black Oystercather Coastal Trial where the African Black Oystercatcher Conservation and Breeding program has been successfully implemented (in conjunction with the University of Cape Town) / Residents have access to secluded beaches, rocky inlets and coves, and can all but touch the Whales during their annual migration. / In short, if you are looking for security, peace, tranquillity, and "unity" with nature, Grotto Bay is the answer!

house, 1338 Spacious home with flatlet

house, 221 m² Recently renovated with new kitchen, carpets and tiles. Spacious 4 bedroom, 2 bathroom house. Features : Interior Features : Carpeted Floors View : Panoramic Exterior Finish : Brick Appliances : Stove, Outdoor Grill Roof : Spanish / Clay Tile Lot Features : Cul-de-sac, Corner Lot

house

house, 1671

terraced house This well built development is situated in scerene area near the Bonza Bay River . Stroll to the upper reaches within 2 minutes , birdlife and a country feel . Secure complex by established developer . Final phase of the devlopment about to complete. This is a great investment for an investor or a young entrant into the property market. Features : Exterior Finish : Masonite Appliances : Oven Range Roof : Concrete Tile Sewer/Water Systems : Public View : Pasture, Panoramic Background Information East London : Location: South Africa's only river port city is situated on the Buffalo river on one of the most attractive stretches of the Eastern Cape coastline. Sweeping white beaches extend for miles - uncrowded and unspoilt. . Several seaside resorts are scattered along the coastline, all within a short distance from East London. Climate : The climate is temperate. History : Several well-preserved examples of 19th century architecture enhance the charm of the city, e.g. the City Hall & Lock Street Goal. Infrastructure : Educational facilities : Sporting Facilities : Water sports are enjoyed all year round. East London has positioned itself as a sportman's mecca, hosting Provincial, National and International sporting events. The wide variety of sporting activities on offer, cater for groups as well as the individual. Commercial Facilities : Buffalo City — made up of East London, Bisho and King William’s Town — is a case in point. The city has a small manufacturing base, dominated by auto manufacturer DaimlerChrysler, to which much of the town serves in a supply capacity. The company manufactures the Mercedes-Benz C class, mostly for export through the city’s port. But Buffalo City is in a tenuous position. Formal private-sector jobs are shrinking: there were fewer jobs in 2004 than there were in 1996. The only growth in formal employment has come from the public sector, which since 1996 has risen steadily. Population growth (the city’s population at the last census was 700000) is close to zero — an indication that people are leaving due to a lack of opportunities. There has been little, if any, improvement to the port or airport since they were built. Not even the boom in coastal property has attracted new investors and there is almost no development on the beachfront. Buffalo City at a crossroads. With little going for it right now, in terms of growth, getting a viable long-term plan in place will determine whether government will leave it to sink or help it to swim. Government, in the office of the Presidency, has developed a national spatial development perspective (NSDP) which will now inform where resources should be allocated. Property Market : East London still offers buyers and investors many worthwhile properties for less than the national average selling price of almost R900 000 . The inner city areas in East London are also affordable for many middle-income buyers - in contrast to the CBDs of Cape Town and Johannesburg - and there is the added attraction of living close to work and all amenities. The best areas to look for when searching for moderately priced homes in the R600 000 to R1m price range, include Amalinda, Cambridge and surrounding suburbs, as well as isolated possibilities in areas such as Southernwood, Quigney, Greenfields and Sunnyridge. Residential property in the Southernwood and Quigney areas is mainly made up of flats & investors can purchase really decent two-bedroom flats from around R350 000. If investors are looking for much cheaper areas within the city of East London, two-bedroom houses can be purchased for between R150 000 and R200 000 in the Mdantsane area. Here most homes are historically not considered as investment properties in the traditional sense - with the majority of the buyers being “previously disadvantaged”. In the Amalinda area, good middle-class homes can be purchased for R800 000 or less. The demand for homes in this area is high, especially among buyers who wish to be close to family and friends in Mdantsane. Things to Do : A variety of theatres, cinemas and a selection of restaurants to sample. East London has something for everyone, whether you're a sporting enthusiast, fisherman, historian, nature lover, or simply in need of a rejuvenating break away from it all. . River mouths, lagoons and gullies provide a paradise for fishermen East London Museum Explore the - home of the Coelacanth and the world's only Dodo egg. Anne Bryant Art Gallery Visit the Gallery - built in 1905, a fine example of late Victorian architecture, it contains varied and valuable art collections. Calgary Transport Museum The Museum - 13 km from the City, has a collection of wagons and a Gypsy Caravan. German Settlers Memorial The Memorial - commemorates the 1858/9 arrival of more than 2000 German men, women and children which helped to expand the settlement. The Queens Park Zoo & Botanical Gardens Offer a variety of mammals and reptiles, set in lush surroundings, which can be enjoyed by the whole family. East London Aquarium Visit the Aquarium, home to approximately 400 species of marine life and watch the seal show. Latimer's Landing Visit Latimer's Landing - waterfront development on the Buffalo River with restaurants and pubs. Boat trips up the river are available and Yacht trips and Pleasure cruises can be arranged. The coastal region from Port st Johns to Port Alfred is fast becoming one of the most sought after areas to invest in Property. The indigenous , unspoilt surroundings are a huge attraction , dispalying one of the most diverse and unspoilt natural eco systems in the Country. Visit www.inkwenkwezi.co.za to get a taste of the numerous coastal disease free game parks that are attracting tourism from all over the globe. Economic development is at it's all time peak with well managed industrialisation projects like the IDZ ( Industrial Development Zone ) in full swing , and major manufaturers like Daimler Chrysler SA investing Billions in import and export of quality vehicles through the Buffalo Harbour Port. Property prices are rocketing and some areas have recorded 100-200% increases in value over a mere 2-3 years. All indications are that this trend will continue , maybe less vigourously with 20-30% growth P.A. in the stable interest rate environment and demand growing daily for the quality of life in East London the best kept secret in South Africa An unprecedented building boom pushed the value of building plans passed by the Buffalo City Municipality (BCM) in the Eastern Cape last year to over R1 billion for the first time in history, the Dispatch reported on Thursday. Property experts say the boom has been fuelled by new housing and shopping centre developments as well as investment flowing into the East London Industrial Development Zone (IDZ). The total value of plans in 2006 was a touch over R1 billion compared to 2005’s R708 million. Explaining the 41 percent increase over 2005, BCM mayor Zintle Peter said the city was experiencing a period of positive growth not seen in decades. "There are many factors responsible for the building boom, including a stable macro-economic environment and low interest rates, but I am heartened by the people who are now confident to invest in the property market," she said. Some of the big property investments over the last year included seven new companies investing R395 million in the IDZ and a R150 million mini-mall in Gonubie. June saw the highest amount of building plans passed at R187 million, followed by October with R180 million. Border-Kei Chamber of Business executive director Les Holbrook expects this year’s approvals to be "way more" than last year. Holbrook said the property boom was the result of business confidence in the city from local, national and international investors who have realised the city provided a "solid investment return". - Sapa

house, 1081 Warm & inviting family home, situated in peaceful cul-de-sac. Tranquil ambience & setting.