Port Elizabeth Property - Eastern Cape
Port Elizabeth is the largest coastal city in the Eastern Cape.
Beachfront properties and real estate in Port Elizabeth provide
excellent capital growth and investment opportunities. Our property are
still at the bottom of the growth curve, offering the investor in the
right location good capital growth the a very short space of time.
Property owners in Port Elizabeth enjoy clean beaches, fantastic sea
views and close proximity to all amenities including an airport,
shopping malls, hospitals and good schools.
There is a wide range
of excellent property and real estate available for purchase or rental
from apartments to large homes and new developments.Twenty minutes from
Port Elizabeth is the Coega Project, a massive new harbour development,
R4,5b investment to the VW plant in Uitenhage that will provide
thousands of jobs and be a catalyst for major investment in the region.
is the Baviaanskloof Wilderness area, a nature conservation hertigage
site. This is an unspoiled area stretching for over a 100km along an
exquisite valley. There are spectacular hiking and 4x4 trails with
remote camp sites allowing outdoor enthusiasts to escape from the
rat-race. At the entrance to the Baviaanskloof are many citrus farms
that grow export quality fruit in the Hanky / Patensy district.
Elizabeth is recognised as the economic hub of the Eastern Cape and its
strategic position is strengthened by increasing activity in and around
Coega, which bodes well for future growth in the residential property
While most of our home buyers are locals, we do receive
enquiries from those relocating from other centres for a variety of
reasons including a better lifestyle, business transfers and retirement.
It’s not unusual to find families moving from the larger cities to Port
Elizabeth for a way of life, with the breadwinner then commuting on
business. This appears to be a growing trend, particularly among those
working in Johannesburg who then travel to work each week and return to
family life on weekends. An attractive coastal lifestyle and reduced
crime are key factors influencing purchase decisions and is especially
evident among middle to upmarket buyers seeking family homes in the
sought-after suburbs - either to purchase or rent. Port Elizabeth offers
the life-style, security and convenience - every
area offers close and well developed infrastructure to either the beach
or the airport.
We offer many opportunities for parents of
university students, retirees and investors, who can expect excellent
rental returns depending on the address. There are currently sound
opportunities for those who embrace property as a long-term investment –
with long term capital growth coupled with healthy short term yields,
with the highest demand for townhouses, mostly from families.
investors, there is especially a high demand for student accommodation
as the Nelson Mandela Metropolitan University is situated in
Summerstrand, one of the city’s prime suburbs.
Most out of town
visitors only realise the good value for money available in the
residential property market or the range of suburbs and properties when
they visit our lovely city. The market caters for all tastes, lifestyles
and budgets, whether you want to be in the centre of things or out in
Driving distances between suburbs and traffic
volumes are significantly less than those in the bigger cities.
Everything is within a short driving distance whether the city centre,
business hubs, beach, schools, university, malls or the countryside, he
says. You can also see the Big Five within 40 minutes of the city, and
contrary to popular belief, Port Elizabeth is far from being the
country’s windiest city, however, its most definitely the friendliest
In addition to new infrastructural developments in the
pipeline for the area, including initiatives in rail, dams, roads and
schools, which will have positive spinoffs for the local economy and
housing market. The construction of the new Baywest Mall just 10
kilometres from the Port Elizabeth CBD will create a new urban node and
metropolitan gateway at the western entrance to the city. Furthermore,
the R200m upgrade of GreenAcres Mall adds to the overall development and
modernizing of our city.
Baywest aims to change the face of
shopping and lifestyle in the Eastern Cape by creating a design that
will blend a retail component with a strong sense of community, with
carefully landscaped green areas and top priority security. Sisa
Ngebulana, executive chairman of the specialist property investors
Billion Group, says the vision behind Baywest Mall is to create a safe
haven where people can live freely. “Residents must be able to stroll
with their children, walk their dogs in the parks and push their prams
from their homes in the development to the open air boulevard and the
mall. It offers a whole new way of living in a pedestrian-friendly
Harcourts Mandela Bay, Port Elizabeth can assist you with all types of
residential property and real estate for sale and rental including
houses, apartments, cluster developments, security complexes, land and
guesthouses. Mandela Bay's agents extend their reach into all areas and provide
residential property services throughout the entire Port Elizabeth area
including the beachfront, Central, Mill Park, Walmer, Summerstrand,
Lorraine, Westering and Lovemore Heights, Costwald and closer to the new