Read the Susan Deacon Property Group's Weekly Newsletter online for the week of the 19th of July 2010.
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Susan Deacon Property Group Newsletter - 19 July 2010
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Website Welcome Index
Property for Sale Weekly Property Feature
Guesthouses/Hotels New Release Property
Developments From the Desk of Marcel
Winelands Properties Deacon
International Property International Property
Property for Rent Thank you to all our fellow Awesome South Africans Articles
Accommodation SA Events/ Things to do
It’s all over – the expectation of the world and the anticipation of each and
News Cafe Recipes
every South African. South Africa made headlines once again and it wasn’t
2010 Fifa World Cup
only about the soccer – it was also amazement, it was praise, it was
Property Finance congratulations and it was celebrations. This world cup reinforced the
saying: We’ve done it before we can do it again. We may take the
rollercoaster route and leave things to the 11th hour but wow ...when we get
there we sure make a statement.
Weekly Property Feature
PAARL - R9 000 000
GEORGE - R3 600 000
CAPE TOWN- R599 000
High-end restaurant, perfectly
This home is a masterpiece of rustic
Soralia Village is a 182 plot and plan situated near Paarl CBD.
elegance, magnificently renovated,
development consists of two and Property included.
offering an impact of visual beauty
three bedroom homes and is set to Immaculate property and very
become a first-class coastal successful business.
from every corner. It s situated in a
sanctuary. There is a choice of Contemporary cuisine and decor.
quiet cull de sac, walking distance
from the mountain with its lovely
house types available raging from 2 High-quality Furniture, Fixtures &
walking & cycling trails & 10 min from
to 3 bedrooms. Aluminium windows Equipment.
town. Entrance hall, 2 Lounges,
afford owners the added benefit of
Dining Room, open plan kitchen,
enjoying a low maintenance home More information available upon
laundry/scullery, conservatory, study,
environment. signature of a confidentiality
loft/attic, 4 bedrooms, beautiful
agreement.
bathrooms,
Read more.
Read more.
Read more.
New Release Property
Tramonto - Weddings & Events
CAPE TOWN - R3 950 000
Lifestyle equestrian smallholding in Durbanville
Equestrian smallholding 15km outside Durbanville.
2. Equestrian smallholding 15km outside Durbanville.
Ideal for an animal-loving family lifestyle in a pristine and
quiet environment.
size: 2Ha
house size: +/- 330 sqm CAPE TOWN - R11 950 000
large 2 story open plan thatch-roof house
3 bedrooms Sunset links golf estate - magnificent beachfront
1 en-suite bathroom with jacuzzi residence
1 family bathroom
modern kitchen Large double story villa, right on the beachfront, with
walk in pantry with scullery (2x4m) spectacular ocean views and views of Table Mountain
large open plan entertainment area and Robben Island. Situated in a secure golf estate.
office
large patio/balcony with stunning 180 degree view of the plot size: 866 m2
entire farm large 75sqm lapa with built-in BBQ second house size: 569 m2
Jacuzzi large swimming pool front animal paddock 1 Ha 5 bedrooms
50x60m waist deep dam 6x10m storage room 5 bathrooms
30x8 m animal shelter/s Read more.
11 large 3x4x2 m aviaries in very good condition
additional 50x80m animal paddock at rear of farm
3 boreholes on farm, 1 active 110m deep with yield of
4500l/hour, 2nd bore hole 75m deep with yield of 650l/h
and third 110m deep with 4500l/h yield double garage
outside carport for 16 cars
3x6 m functional cold room
12 horses and various animals available for sale
Read more.
From the Desk of Marcel Deacon
INVESTMENTING HOTEL SUITES
WITH the rapid growth of the South African tourism market over the past few years,
hotel suite investments are fast becoming one of the popular ways for South Africans
to invest in the property market.
However, as this is a relatively new concept in the country, a lot of people do not fully
understand this type of property investment.
Hotel suite investment is a direct investment that enables investors to purchase a suite
in a hotel development in terms of the Sectional Titles Act, just as they would a
sectional title apartment.
The unit is then contracted to the hotel and forms part of what is known as a “rental
pool”, where the revenue of the hotel is distributed to the individual rental pool
participants. But investing in a hotel suite is not the same as investing in a property
syndication. In a property syndication, investors collectively buy into a single property
and own an individual share in it.
As such, they do not hold a title to their property in their own names.
Property syndications are unlisted investment schemes and can be structured in
various ways, with several cost layers.
They are not subject to the rules and regulations of a formal exchange and … there is
often scope for the creators of those schemes to manipulate property values and
investors.
Read more.
International Property
ARCHIVEL GOLF RESORT - SPAIN
At Archivel Golf Resort, you can take advantage of all of the facilities that this unique and exclusive five star
development offers at the same time as enjoying the benefits of being in the centre of a golf course surrounded by
national parks.
3.
Location
Spain Location Details
Murcia Beach 80 km
Bars/Restaurants 0.1 km
Property Type(s) Golf Course 0.1 km
1, 2 & 3 Bed Apartments Airport 80 km
2 & 3 Bed Villas
Prices From
€86,000
(£68,800 approx)
Visitors to the Archivel Golf Resort will find not just a Championship Golf Course but also a luxurious hotel, Spa and
high performance sports centre set amidst the stunning Murcia countryside.
At the Archivel Golf Resort you have the choice of 4 different types of property. We have Apartments from 1 to 3
bedrooms including ground floor apartments with a garden and penthouse apartments with extraordinary terraces
and solarium.
There are the 2 bedroom bungalows located front line to the golf course and designed to satisfy the expectations of
the most demanding of customers. They maintain a perfect balance between price, location and space.
Villas come either linked or detached. The semi-detached properties offer an excellent combination of a private
garden and solarium with excellent internal distribution, while the larger detached properties can come complete
with their own private pool.
Read more.
Articles
SA'S TOP 10 SPORTING EVENTS
SPAIN TRIUMPH IN FIRST AFRICAN WORLD CUP
South Africa has played host to more international
sporting events than any other country in the world since Spain gloried in a first World Cup triumph in Africa's first
1994. With the 2010 World Cup currently in full swing, hosting of the tournament that finally buried Spain's
here are ten of SA’s best sporting events that have decades-old tag of international underachievers, and
captured the world’s attention silenced critics that said South Africa would never be
able to do it.
Nedbank Golf Challenge
Crowds in Madrid and elsewhere partied through the
The annual Nedbank Golf Challenge at Sun City in the night long after the last "Ole" sounded inside Soccer City,
North West Province consistently attracts a world-class Johannesburg, the scene of Spain's greatest soccer
field, and for good reason. “Africa’s Major” is one of the moment.
world’s richest tournaments, with a total prize fund of
US$4.385 million. The premier event remains the most "We still don't realise the full extent of this. It is
popular tournament on the South African golfing something incredible," match-winner Andres Iniesta said
calendar, with record numbers of spectators flocking to while thousands of Spaniards left the famous stadium in
Sun City to watch the best golfers in the world do battle Soweto singing his name.
at the Gary Player Country Club.
The course was designed by South Africa’s greatest In Amsterdam, there was utter dejection as the Dutch
sportsman of the twentieth century, Gary Player, and saw history repeat itself after defeats in 1974 and 1978
South African hotel mogul, Sol Kerzner, and takes place finals.
at the end of each year after the PGA Tour. Read more.
Read more.
TIPS FOR KEEPING YOUR TENANTS
SA BUSINESS CONFIDENCE GETS A BOOST The current economic situation being experienced in
South Africa and around the world, although improving
Despite indications that the global economy may remain somewhat on last year, is still putting great pressure on
depressed over the medium term, the successful commercial and retail property owners who are seeing
hosting of the 2010 FIFA World Cup could boost significant pressure on commercial property values.
domestic business confidence, the South African
Chamber of Commerce and Industry (Sacci) said on Statistics show that rentals are down and vacancies are
Thursday. up, which has major implications for rental growth, the
main driver of optimistic valuations of commercial
The chamber, which reported a 2,8 point increase in its property.
June Business Confidence Index (BCI) to 84,8 points,
stated that the 2010 FIFA World Cup had already raised Certain retail centres are feeling the pressure with
positive sentiment domestically and internationally. consumers keeping their belts tightened, to the point that
some retailers have shut shop or moved to cheaper
"If the momentum provided by the [2010 FIFA] World Cup premises - leaving rental vacancies that landlords can ill
is appropriately harnessed and directed, longer-term afford.
economic benefits will
Read more. Landlords need to make tenant retention in retail,
commercial and industrial property
Read more.
WHEN TO UPGRADE YOUR HOME
IMPROVEMENTS TO PROPERTY THAT PAY
There are all sorts of reasons for homeowners to
Some luxurious but costly improvements that are
contemplate moving to a bigger or more upmarket
commonly viewed as value-builders are actually losers
property, such as the need for more space to
when it's time to sell.
accommodate a new home business, growing children
4. There are all sorts of reasons for homeowners to
Some luxurious but costly improvements that are
contemplate moving to a bigger or more upmarket
commonly viewed as value-builders are actually losers
property, such as the need for more space to
when it's time to sell.
accommodate a new home business, growing children
or ageing parents, or perhaps just the desire to live in a
The real dogs in terms of payback at resale are luxury
better area.
items that are highly individual to the owner's taste.
Things like Jacuzzis and tennis courts are very low on
But they should not make the leap until they have made
the payback scale. Saunas are a complete waste of
sure most of the following indicators are positive:
money as are Koi ponds and water features.
* Income. Upgrading will generally mean a bigger home
The most definite way to recoup costs
loan repayment every month. You need to take an honest
look at your budget and your employment / salary
Kitchen improvements are perhaps the most definite
prospects to see if this would make sense for your
way to recoup your revamping costs, depending on the
family.
nature of the changes and assuming that you don't
spend too much relative to the value of the home.
* Interest rates. Low interest rates make it easier
Read more.
Read more.
THE INPACT OF THE WORLD CUP
Colombian popstar Shakira visited some of South
KEY INSIGHTS ON SOUTH AFRICAN REAL ESTATE
Africa's new and revamped real estate developments
while in the country for her 2010 World Cup
The global financial crisis had less of an impact in South
performances. Her stay in the luxurious penthouse of the
Africa than on many developing countries. Growth had
epic Radisson Blu Sandton certainly didn't go unnoticed
already been slowing in 2008. The economy contracted
by the media. That's thanks to the fact that Radisson is
1.8% in 2009. We think that it is reasonable to suggest
the largest international hotel brand in South Africa
that GDP will expand 4-5% annually from 2011 to 2014.
supporting the World Cup games.
However, this depends on continuing Chinese demand
for South African mineral exports.
Over the course of the month, visitors were exposed to
quite a bit of South Africa's real estate, an opportunity the
Although rental rates fell in each of the three main sub-
country hopes to greatly benefit from. With the games in
sectors last year – and in each of the three cities
Johannesburg and Cape Town -- and Durban, Pretoria,
(Johannesburg, Cape Town and Durban) for which we
Port Elizabeth, Rustenburg, Polokwane and
gathered data – the slippage was less than in many of
Bloemfontein -- came new hotels, new stadiums and
Read more.
new large-scale real estate developments hoping to
advance the African nation.
Read more.
Events / Things to do
DECOREX 2010
ILLOVO ESTON MTB CHALLENGE
The largest décor & design show in Southern Africa "World's Biggest 1 Day MTB Event!"
brings you the latest on the local and international 1 August 2010
front and a fresh perspective on spaces in which you Eston Club, Eston, KZN
live, work and play. Entering its 17th year, Decorex
Joburg celebrates today’s design icons, with cutting The Illovo Eston MTB Challenge is now open for entries!
edge kitchens and bathrooms, green talks and
trends, diy tips and tricks and so much more on the Billed as the biggest one day MTB event in the world, The
home front. Illovo Eston MTB Challenge.....
Read more.
Read more.
Recipes
CRISPY SKIN ROAST CHICKEN WITH ONION GRAVY
My mother used to rub the skin on roast pork with a mixture of seasoning and
baking powder to make it crispy. I tried a variation of this method on chicken
with excellent results. One gets an even crispier skin and leaner meat if you
loosen the skin over the breast and thighs.
1 fresh chicken
Ina Paarman's Rosemary & Olive Seasoning