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If you think that property prices in Port Elizabeth 's popular beachfront
suburbs have peaked, think again.
Summerstrand prices never go down – unless the property's original asking
price is way out of line, says Mariette Rossouw, one of the suburb's top
estate agents with an award winning sales record. And she should know.
As the first ever property specialist in Summerstrand, Humewood and South
End, she and her team have sold hundreds of houses, flats and townhouses
in the past 22 years.
As principal of Mariette Rossouw and Associates, Mariette also has national
and global estate agent qualifications and was the first Port Elizabeth
agent to qualify for property's International Hall of Fame a few years
ago.
“These beachfront suburb homes are not sold by square metres like any
other residential area,” she says. “As there are always people who aspire
to living here, these homes sell themselves even if they are not across
the road from the beach.
“While everyone would like a mansion, many are willing to sacrifice their
dream home for the unique lifestyle and convenience of the area.”
Commenting on Port Elizabeth 's property soaring prices, she says that
well-priced homes always sell quickly and the reason a property does not
sell, is because of its price.
“If an uninformed seller is not in a hurry to sell, I tell him that he
will get his price as the market around him rises,” she says. “Potential
buyers can gauge market value by keeping tabs on the sale price of homes
they like.”
Mariette believes that while houses close to the beach or with sea views
are scarce to find, buyers did not mind buying deeper into the suburbs
as they are still close to all amenities.
“We all know with property it is all position, position, position and
there simply does not seem to be a bad position here as far as buyers
are concerned. No matter in which tree-lined street they buy, they are
close enough to the university, shops, nursery, primary and high schools,
retirement villages and many denominations of churches.”
She says that two bed-roomed beachfront flats are popular sellers. She
has noticed that many Port Elizabeth youngsters working overseas are buying
flats and townhouses.
(Editorial in East Cape Property Guide: 09/09/2005 )
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HERE to view the newspaper article
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