Feb
2017
Bluewater Bay is a seaside resort of the friendly city of Port Elizabeth, located at Algoa Bay. The resort is a mixed use residential town which offers a lot more than meets the eye.
Bluewater Bay is separated by the N2 highway making it an ideal location for permanent residents, close to amenities like the Coega development and Port Elizabeth. Due to its location the suburb has increased in demand and has been finding favour with tourists as a holiday destination. The ongoing job creation that came with the Coega development has been a huge boost to Port Elizabeth and to Bluewater Bay and the Swartkops River developments with the advantage of still being reasonably affordable due to the slump in sales of exclusive resort homes in the greater Port Elizabeth.
Property development and value have increased in recent times. With the Sunday’s River and the Swartkops River close by the scenery is breathtaking and offers tourist further entertainment in nature.
Investors from abroad have seen an opportunity to invest in what will become a high sought after holiday destination in Bluewater Bay, thus increasing demand for property and thus increasing property values in a more positive direction.
The attractions that Bluewater Bay offers are the Addo Elephant Park, Bayworld Museum Complex, Cape Recife Nature Reserve, Whale watching in Algoa Bay, and the Aloe Trail.
The design of the homes in Bluewater Bay is a mixture of conventional to the upmarket and unique with prices varying from affordable vacant stands to the exclusive homes in the region above R3 million. Sectional title homes have been targeted for their affordability and security which is a benefit for the buy-to-let investors and seasonal holiday homes with price ranges from R700 000.
The investment opportunities are solid and returns are stable for the first time in years for the region.
Take a tour of the homes, vacant stands and exclusive sectional title homes in Bluewater Bay via the MyRoof website.
