Posted in Simonstown Property on May 2nd, 2008
You can save as much as 20% when you purchase a property, in Simon’s Town, today with foreign capital, compared to December 2007 because of the devaluated rand. Therefore, on a home of R3 million you get R600 000 in change. Nice. Although the rand has recovered from the high R8 to the US dollar, [...]
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Well, the seasons are changing and the evenings are getting cooler but we still have some lovely days, Elmarie’s book club became a wine club, the successful Navy festival broke all records, the Argus Cycle tour saw many bicycles passing our village and real estate sales are slower. Here’s a few tidbits of news that [...]
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Posted in Property on Oct 6th, 2007
According to the latest Absa house price index, the average house price in the middle segment of the market increased a nominal 14,2% year on year to R950000 last month. Â A fairly expensive property market caused demand to drop off, which in turn led to a gradual decline in the rate of house price growth. [...]
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