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Port Elizabeth

Port Elizabeth, The Friendly City

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 Baviaanskloof
  • 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


 In summary:

  • 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 than Gauteng.

 

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 sector. 
  • Industrial-, commercial- and retail properties equally shared the balance of 18% with each achieving a 6% portion of the total sales. 
  • Vacant 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 well. 
  • This 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. 
  • The 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. 
  • In the 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.
  • The 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.

Beautiful Port Elizabeth