Visit and explore Coffee Bay accommodation choices. Click here to submit your favourite Eastern Cape Videos. A MyPE Coffee Bay selected video for you: Ramos Design Build along with District Designs set out to design+build the impossible....a tiny 1,100 sf real estate office (in the back of the house) and coffee bar (front) in a single location. The design is industrial chic with ceramic floor tile tile from Spain, three dimensional backsplash subway tile from … [Read more...] about Ramos Design Build – REMAX Bay to Bay & Indigo Coffee House + Social Bar
remax
How the US Fed hike could impact South African markets
Port Elizabeth on MyPR: In anticipation of the US Federal Reserve bank hiking its benchmark Fed Funds interest rate, the first rate hike in the US in almost a decade, the South African Reserve Bank took proactive action by hiking the interest rate by 25 basis points at the last Monetary Policy Committee meeting. This was an attempt to lessen the residue effect that the hike would have on the South African market. Some economists believe that the reaction of the US equity markets to the hike … [Read more...] about How the US Fed hike could impact South African markets
Think before you accept that highest offer
With the growing demand for property and many areas experiencing stock shortages, it is becoming more and more common for sellers to get multiple offers on their home, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa. He notes that while it might be tempting for the seller to accept the offer with the highest monetary value, it is essential that they assess each of the offers they receive based on its own merits. "At first glance it would seem that the offer with … [Read more...] about Think before you accept that highest offer
‘Huur gaan voort koop’
Many tenants may find themselves in a situation where the landlord decides to put their rental property on the market. What rights does the tenant have if this happens? Are they within their right to breach the lease agreement that they have in place with the landlord? Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, says that according to South African legislation a landlord is not prohibited from selling the rental property to a third party while the property is … [Read more...] about ‘Huur gaan voort koop’
Your 2016 Property Outlook
During 2015 the South African residential property market continued to see improvement with consumers still placing a high value on homeownership. This is despite the fact that consumers experienced increases in electricity tariffs and interest rate hikes. While there were many prospective buyers who struggled to meet deposit requirements during 2015, those with access to finance were ready to embark on their journey towards homeownership and get into market as soon as possible. This is … [Read more...] about Your 2016 Property Outlook
Go it alone or hire a professional?
Five factors to consider before embarking on DIY Home Improvements. Certain household improvements may look easy enough when viewed on TV or the internet, but they are not all as straight-forward as they seem. This brings about the dilemma of doing the project yourself or calling a professional. Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, says that there are a number of factors homeowners should consider before they decide to embark on a home improvement project … [Read more...] about Go it alone or hire a professional?
Renting vs Owning
Although a worthwhile endeavour, deciding to take the step away from renting and towards owning a property comes with its own set of challenges. For this reason, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, it is best to consider all the pros and cons before signing on the bottom line. He provides some pros and cons to think about: Renting vs Owning Pros and Cons PROS CONS The home is yours to customize: Goslett says that one of the best things … [Read more...] about Renting vs Owning
So you want to buy a a fixer-upper?
Buying a home that is in need of attention can be a highly beneficial investment, however, this is dependent on whether the purchaser takes the necessary precautions and follows the right procedures, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa. “Regardless of the kind of property that the buyer is choosing to invest in, it is important that they do the required research and lay down the groundwork before committing themselves to the purchase. This is especially … [Read more...] about So you want to buy a a fixer-upper?
7 Tips on Surviving that house hunt
Beginning the journey to find the right home is an exciting time for buyers, although in today’s competitive market with a limited number of homes available for purchase, it might take buyers some time to find exactly what they are looking for. However, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, while the house hunt can take time, it is an important part of the process that can be much smoother if handled in the right manner. Goslett provides potential buyers … [Read more...] about 7 Tips on Surviving that house hunt
High electricity tariffs and cost of living affecting property ownership
According to statistics from the South African Savings Institute, at the end of 2014 the average household debt to disposable income ratio was around 78.3%. Essentially what this means is that the large majority of consumers in South Africa are not able to put money aside for savings because of their high personal debt levels. Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, says that compared to other emerging markets throughout the world, South Africa is considered to … [Read more...] about High electricity tariffs and cost of living affecting property ownership
Are you ready to own a home?
Homeownership is a milestone that most consumers aspire to achieve. It is a step towards growing personal wealth and owning an asset that will appreciate in value over time, provided of course that the correct principles are applied during the purchasing process, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, who notes that owning a home can influence the owner's financial well-being for the rest of their lives. "There are several benefits to owning a property; … [Read more...] about Are you ready to own a home?
How to make that offer more enticing
With growing numbers of buyers ready and eager to enter the property market and the supply of available property diminishing, multiple-offer scenarios have become commonplace in today’s real estate sector. This is according to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, who says that buyers need to be prepared to go up against other buyers and ensure that their offer stands out in order to get the home that they have their heart set on. “The millennial generation, … [Read more...] about How to make that offer more enticing
Be smart when buying a home
While saving up a deposit to purchase a property is a great financial feat, there are several other financial considerations that buyers need to keep in mind when preparing to purchase a home, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa. “Having savings set aside is a major part of preparing to buy a home, but there are also several financial missteps that buyers can make that will complicate their prospects of being able to purchase a property,” says Goslett. … [Read more...] about Be smart when buying a home
Don’t forget the deposit
In today’s property market it is common practise for a deposit to be made when the buyer provides the seller with an offer to purchase. “In most cases,” says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, “an agreement is reached between the parties that involves an agreed upon deposit amount to be paid on either the signing of the agreement or alternatively, at a later specified date.” He notes that while the inclusion and payment of a deposit is recommended, it is … [Read more...] about Don’t forget the deposit
There comes a time to downsize
Downsizing from a large, freestanding property to a smaller, more manageable unit within a retirement estate can provide several lifestyle benefits for those who are planning to retire. This is according to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, who says that aside from the fact that a smaller home will be far easier to maintain, it also provides the owner with far more freedom to be able to lock-up-and-go any time of the year without worrying about maintenance … [Read more...] about There comes a time to downsize
