Nov
2019
Port Edward in KZN has some significant historical value to South Africa in that this was the place where, in 1552, a Portuguese Carrick, the Sao Joao, ran aground and its seamen went ashore.
Today the town of Port Edward is seen very much as a tranquil holiday resort frequented seasonally by sun seeking holiday makers and is actually more like a larger village.
It can therefore be assumed that a large portion of the property market is driven by holiday property investors wanting to avoid the hum-drum of the popular holiday spots like Durban and the coastline further north. Within the holiday rental market townhouses and apartments are favored due to lower rental values and safety they offer.
The mixed property use comprises apartments, townhouses and freehold homes and the price range will suit most pockets which are one of the reasons the market is stable with a fair degree of demand.
For owners wanting to build that dream holiday home there are a number of vacant stands available in the town and with the rolling hills the architecture can make full use of the views.
Demand for property in the South Coast region and its stability is echoed in estates like Ekubo Coastal Estate which also attracts potential home owners to Port Edward.
Amenities like schools and malls are sparse and there is a fair distance for residents to travel. The town does have a primary school namely Port Edward Primary School, other schools reasonably near are in Ramsgate or further afield in Margate.
There are a few small retail outlets for the basic needs like food and clothing.
Outdoor pleasure seekers frequent Port Edward for activities like the Clearwater Mountain bike Trail, Red Desert Nature Conservancy and the Ingungumbane Trail which means there are possibilities in the commercial property market by way of guest houses and B&B’s as these activities are not seasonal driven as enjoying a swim in the blue waters and white Port Edward beaches.
Take a tour of the homes in Port Edward via the Myroof web-site.
