The Susan Deacon Property Group weekly newsletter - 17 May 2010 News and property updates from South Africa and featured events, International Property.

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Website Welcome Index
Property for Sale Weekly Property Feature
Guesthouses/Hotels With less than 35 days to go until "the event we're not supposed to New Release Property
Developments mention", there's much excitement in the air about the fresh perspective that From the Desk of Marcel
Winelands Properties visitors to our country could leave with when it's all over. For those in the Deacon
International Property property market, a successful event will hopefully result in more interest in International Property
local property from abroad into the future, although there is little immediate
Property for Rent Articles
impact expected. Let's get behind our country and our team and show our
Accommodation SA Events/ Things to do
support, and we'll all share in the rewards.
News Cafe Recipes
2010 Fifa World Cup I have been interviewed recently about all my time spent on planning and
Property Finance the good intentions of ensuring the success of a Project. Things can still go
wrong whether they are in our control or not. At times we pick up bad habits
from others or even our predecessors. Following are some traps that I have
escaped during my years of managing and planning.
Read more.
Weekly Property Feature
HERMANUS - R2 500 000
GLENTANA - R4 750 000
Benguela Cove Coastal Wine GEORGE - R5 450 000
Estate's rare position ensures that Bright, spacious and flowing living
Benguela residents enjoy majestic Remarkable property! Neat, areas. Double storey home with 4
views over the lagoon to the Palmeit spacious and with a touch of class. living areas, bar, open plan
mountains, which form the spine of Beautiful view of golf estate and the entertainment area with BBQ and
the Kogelberg Biosphere. The Outeniqua Mountains. Open plan rimflow pool, kitchen, scullery,
vineyards which have been planted living area with modern kitchen, laundry, 4 en-suite bedrooms,
across the estate, although young, laundry, diningroom, BBQ on patio, Summer Place Spa, sunroom,
have already asserted the quality of swimmingpool, 4 bedrooms, 3 underfloor heating, wired for
the terroir with awards starting to luxurious bathrooms and 3 garages. generator, double auto garages,
stream in on the maiden vintage. For sprinkler system connetcted to water
those who love nature, this is the Read more. tanks. (2 x 2000L and 1 x 6000L)
ultimate location. Read more.
Read more.
New Release Property
Tramonto - Weddings &
Events
STELLENBOSCH - R17 000 000
Stellenbosch river frontage small holding for sale.
PORT ELIZABETH - R6 500 000
In one of the most sought after valleys around
Stellenbosch one finds this 3.95 ha with River frontage This luxury (4-star) bush lodge is located in a coastal,
and paddocks for horses or cattle. indigenous forest setting just 28 km from the city of Port

2. Stellenbosch one finds this 3.95 ha with River frontage This luxury (4-star) bush lodge is located in a coastal,
and paddocks for horses or cattle. indigenous forest setting just 28 km from the city of Port
Elizabeth. It is a few kilometres from a magnificent
Established, lush garden with pool enjoys automated sandy beach and offers easy access to the game and
irrigation and offer beautiful, large trees such as other eco attractions to the east and west of the city.
Camphor, Stinkwood, Californian Redwoods and Oak.
Great value opportunity:
Three bedroomed main house, large entertainment The price of this premier tourism property has been
area with loft room, separate bed and bathroom. This slashed from R12m to just R6,5m. This is a great value
all is complimented by a three bedroomed cottage, a opportunnity not to be missed.
two bedroomed cottage and a large shed which has an Read more.
attached flat. A flower nursery is included which provide
cash flow together with rental income.
Read more.
From the Desk of Marcel Deacon
We are now involved with one of the biggest investment property groups in the
country as our official associate. SELECTIVE PROPERTY INVESTMENT GROUP
will be adding the best selection of investment property in South Africa to our portfolio
on a weekly base, so keep on reading and browsing the Susan Deacon Property
Group's web.
Please find below an Executive summary of the services they will be providing to
our investors.
The main focus of SPI is to provide our investors/network partners with the following
benefits:
l The opportunity to invest in sound off plan property investment
opportunities
l We also negotiate to secure existing unsold property stock, at reduced
prices where we could
l Presenting our investors with distressed/repossessed property investments
opportunities at considerable discounts when secured by us
l Searching for property investments that meet the specific requirements of the
investor
l Providing a range of support services to our investors at no additional cost.
International Property
SPAIN - ALMENARA GOLF VILLAS
Situated along the first fairway of the Sanlucar Golf Course, this private development of 4 bedroom luxury villas
complete with private pools, offer you the opportunity to experience the real Spain in a sumptuous location.
Location
Spain Location Details
Costa de la Luz Beach 2 km
Bars/Restaurants 0.1 km
Property Type(s) Golf Course 0.1 km
4 Bed Villas Airport 60 km
Prices From
€495,000
(£396,000 approx)
The villas are all equipped to a high standard and include all the luxuries you would expect from a private home.
Each villa is detached and stands in its own landscaped gardens leading down to the pool area, which over looks
the 1st fairway, the surrounding sherry fields and the Guadalquivir river.
If you are looking for a luxury home, the real Spain, peace and tranquillity but close enough to the hustle and
bustle of a busy town and tourist destination, then the Almenara Golf Villas should be your first choice every time.
Read more.
Articles
RETIREMENT PROPERTY INTEREST INCREASE
Predictions made late last year that the property market

3.
Predictions made late last year that the property market
TIPS FOR SELLING YOUR HOME
would make a swift recovery in 2010 have become a
reality and this is particularly evident in the retirement
At one stage or another there will come a time when you
property market. The upswing in this market can be
are going to want to sell your house. Although you might
attributed to a number of factors. With the recent 0.5%
think that your house would be a quick sure sell, the
drop in interest rates to the lowest rate in 29 years,
actual process of selling can take place over a longer
prices people are able to achieve on their existing
period of time than expected.
house is starting to improve. Also, potential purchasers
are able to secure bonds a little more easily as
Read more.
affordability levels and repayment ratios that banks rely
on improve.
Read more.
NO RATE CUTS THIS MONTH
WAYS TO BUY PROPERTY
I am disappointed that the SA Reserve Bank’s Monetary
Close corporations face the same transfer duty, CGT
Policy Committee has decided to leave the interest
and tax implications as companies. Like a company, a
rates unchanged.
close corporation is also a separate legal entity. The
only difference between buying in a close corporation
This decision appears to be based on the premise that
and a company is that close corporations are governed
the economic recovery is now under way and that the
by the Close Corporations Act 69/1984, they are
economy does not need a new boost but this is
managed by members, ownership is restricted to a
certainly not true of the housing sector.
maximum of 10 natural persons and the financial
statements have to be prepared by an accounting
House values throughout South Africa have been held
officer: There is no need to provide audited financials,
down by the “incredibly large” numbers of homeowners
which substantially brings down the administration
forced to sell fast because they cannot meet their bond
fees.
payments or other debt obligations.
Read more.
Read more.
SUB-DIVIDING YOUR PROPERTY
SA PROPERTY PRICE RANKING INCREASE
Residential property subdivision is becoming a major
trend among homeowners in the middle to upper ends In a year that saw global house prices on a shaky
of the market. footing, South Africa's house prices for the fourth quarter
of 2009 were 5.6% higher than in the corresponding
With the cost of living on the increase, the cost of quarter the previous year.
maintaining large properties has also risen. Add to this This performance placed the country's housing market
the difficulty and expense to secure a large property and 11th on the Knight Frank global house price index for
it is clear why so many homeowners today are opting to the fourth quarter of 2009. In the third quarter South
down-size and subdivide their properties. Not only does Africa had been 15th.
this promise potential financial benefits, but it also
assures a home environment that is more secure, as First National Bank (FNB property analyst John Loos
well as an opportunity to save thousands annually on says this reflects the fact that the South African housing
general maintenance costs, rates and taxes, and water market had survived much better - largely because in
bills. this 12-month period the country's banking industry had
Read more. been healthier than its foreign counterparts.
Read more.
TIPS FOR SELLING YOUR HOME
THE KEY TO PROPERTY FINANCE
South Africa’s financial institutions have taken the brunt
At one stage or another there will come a time when you
of the blame for not approving more mortgage finance,
are going to want to sell your house. Although you might
which many believe would go a long way to further
think that your house would be a quick sure sell, the
stimulating trade within the property market. However,
actual process of selling can take place over a longer
with South Africa’s debt-to-income ratios still at a very
period of time than expected.
high level, affordability remains a primary consideration
that is weighed up before finance is granted.
So to make sure that this doesn’t happen, you have to
make sure that your house has the right “feel” to it. The
“The banks' first criterion in the evaluation of an
“feel” factor can have a major influence on your property
applicant remains affordability and the risk of the
buyer. You want them to feel like it’s already their home.
applicant when it comes to the repayment of a long term
So get to get your house ready, there are a few things
loan. The ruling that a maximum of 30% of the....
you should things to keep in mind when selling:
Read more.
Read more.
Events / Things to do
AMARIDER 100 MILER

4. AMARIDER 100 MILER
BUFFELSDRIFT MOUNTAIN BIKE CHALLENGE
South Africa’s top mountain bikers and adrenaline
The event always started in a unique and traditional junkies will once again be seen testing their endurance
way, with a whip. At the crack of the whip they braved the levels during the awe-inspiring AMArider 100Miler Ultra
Montagu Pass and the 55km that lay ahead of them. As marathon. This adrenaline pumping event will
the day continued and the cyclists entered the Little announce the route info with spectator points, cut-off
Karoo the temperature rose, the conditions became times etc.in April. Keen cyclists should be prepared for
harsh and difficult. After 52km and only 3km remaining an exciting challenge as they tackle the 160km route
the sight of the Daskop turn off was a welcome one and through the Swartland. The route is divided into three
the Louvain sign post even more welcome. sections of approximately 55km with three compulsory
Read more. timing checkpoints.
Read more.
Recipes
LAMB KNUCKLE AND TOMATO CASSEROLE
The secret of this dish lies in using good quality ingredients and long slow
oven cooking. It is even better the next day.
1-1.25 kg lamb. Select either knuckles cut into 5cm lengths, or cubed
shoulder of lamb
3 T (45 ml) Olive or Canola oil
1 T (15ml) Ina Paarman's Meat Spice
2 onions, chopped
3 ripe red tomatoes, skinned and chopped
1 x 200 ml Ina Paarman's Sun-dried Tomato Coat & Cook Sauce
1 t (5 ml) sugar
½ t (2,5 ml) Ina Paarman's Chilli & Garlic Seasoning
1½ cups (375 ml) water
1½ T (22,5 ml) Ina Paarman's Chicken Stock Powder
3 potatoes, diced
1 T (15 ml) Ina Paarman's Brown Onion Soup & Gravy Mix
Complete recipe.
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