Harcourts Mandela Bay in Port Elizabeth offers a
professional service in the property, residential real estate market for
investors, families, single professionals and retirees. We have comprehensive
listings of property for sale in Port Elizabeth.
Port Elizabeth is also known as The Friendly City and lies on the south-east
coast of the South Africa. It offers ample outdoor and sports facilities -
everything you need to either settle or have a holiday home.
PORT ELIZABETH is fondly known as the FRIENDLY CITY of
South Africa and has been the best-kept secret of all cities in South Africa,
offering a lifestyle with ample outdoor opportunities, affordable property
prices and a growing economy
It has always been the ‘orphan child’ of the South
African economy, but lately more and more national and international companies
are moving and investing in PORT ELIZABETH
From a Tourist
point of view you can experience:
- Beautiful beaches, with kilometers of
pristine beach, swim and surfing spots.
World class Game Reserves, with the big
5 i.e., Addo, Shamwari
World heritage site – the beautiful
Deep-sea fishing with ample sea life
Whale and Dolphin watching
From a Living /
Lifestyle point of view:
- House prices are the lowest than
anywhere in South Africa
No matter where you stay – you are 10min
away from a Beach and the Airport
Some of the best schools the country has
to offer i.e. Grey High, Collegiate Girls and Woodridge Private College
NMMU University and Technicon
For the Investor:
- Property at a low base and will increase
with economic growth – demand and supply
We are experiencing capital injection
and investment in various sectors i.e.
Expansion of the Couga Harbour. It is
the deepest harbour on the South African coastline and will become the main
trading port for international shipping trade.
Various top vehicle plants expanding
their operation i.e.
Volkswagen and GM Construction of
Baywest Mall at a cost R1, 4billion
Refurbishment to the value of R250m of
the GreenAcres Mall
- Construction of wind farms with a very
positive effect on the area and have changed our skyline
- Direct result of the investment, and
expansion of trade and industry are job creation, stability, economic growth –
all this bodes a very positive outlook for our lovely city and Province.
There seems to be an increase of
‘semi-gration’ with more and more families moving into our area because of the
top class schools and education system, low cost of living, lifestyle, security,
low crime rate, good weather – no extremes and opportunities for a better life
Some Facts and Stats:
- The past
2 years, the Eastern Cape’s sales trends analysis portrayed that the largest
part (82%)of sales took place in the houses, plots/vacant land and farming
commercial- and retail properties equally shared the balance of 18% with each
achieving a 6% portion of the total sales.
land sales indicated the future and wellbeing of the property industry. Higher
sales in the vacant land sector would indicate high building activity in the
next year as vacant land buyers seldom buy land with out developing it as
indicates a very stable situation with enough investment in vacant land to
sustain a reasonably good support base for the building industry and other
industries indirectly affected by the property market.
Eastern Cape on the other hand rely to a great extent on the over spill of the
economy of the Free State, Gauteng and Mpumalanga.
past, buyers would invest in the coastal towns of the Eastern Cape whilst on
holiday and only after the primary residence was paid for. This trend is now changing with more and
more opportunities and people moving into our area as primary residence.
results of the recession were still very visible in the Eastern Cape until two
years ago, since then major investment has been forthcoming giving our area
quite an economic boost and growth.