The South African property market is still weathering the storm of a global recession with economist Johan Loos from First National Bank saying that it could take another 3 years for the market to improve.
There are also signs coming from the South African Reserve Bank that the trend of rate cuts might have come to an end.
In this buyers market, bargains will be found and a property under R 600 000 in Paradise Beach, Jeffreys Bay is exactly that – a bargain.
A 3 bedroom, single garage unit approximately 100 meters from the beach with controlled access going for only R 590 000 will not stay in the market for long, even in a depressed economy.
One of only 6 units in a secure complex situated in one of the almost crime free suburbs of Jeffreys Bay, and close to the beach. This is paradise. For more information email email@example.com