Prime Beach Estate Property at 2008 Prices

Coral Beach Estate is contributing to the ever improving growth in the East London property market thanks its pricing structure that offers homeowners 2014 homes at 2008 prices.

East London, South Africa, January 2014: Coral Beach Estate (https://coralbeachestate.co.za/) and Jawitz Properties are two of the big contributors to the improving property market in East London according to Gary Claven, who helps head up the sales and promotions team at Coral Beach Estate.

Gary had this to say about the current housing and property market situation in East London:

“Between 2009 and 2011 East London homeowners saw the value of their homes drop to some of the lowest levels recorded in years. This was thanks to a worldwide recessionary period that played havoc on the emerging markets of South Africa and Africa in general. However, thanks to property developments such as Coral Beach the confidence in East London’s property market is returning and we are starting to see an annualised property value increase of around 15 percent.”

He further went on to say that:

“There is now a big demand for properties in East London in the R1 million to R1.5 million bracket, which thanks to Coral Beach Estates aggressive pricing structure enables buyers to enjoy high value 2014 homes at lower 2008 cost structures. This is not only helping to usher in a much faster than anticipated growth period in the East London property market, but it is also helping to benefit the local Winterstrand community. In fact, with record sales figures of R25 million for Coral Beach Estate in November 2013 alone, the numbers literally talk for themselves.”

For more information on Coral Beach sales, or to book a personal estate or property viewing, please contact Gary Claven or Donovan Grey on:

Call Gary Claven: +27 (0)71 683 4349

Email: gary@jawitzprojects.co.za

Call Donovan Grey: +27 (0)82 871 7161

Email: donovan@jawitzprojects.co.za

Coral Beach Estate is situated in Winterstrand, just south of the city of East London in the Eastern Cape region of South Africa.

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This press release was submitted on behalf of Coral Beach and Jawitz Properties (https://www.jawitz.co.za/) by Gary Claven and Donovan Grey.

Author: Justin Atkins from Coral Beach Estate.
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