The Royal Alfred Marina development, located in the tranquil coastal village of Port Alfred, midway between Port Elizabeth and East London in the Eastern Cape, is a rare gem. It is especially appealing for holiday home and retirement buyers.
This five bedroom house in Royal Alfred Marina has underfloor heating, braai room and gym. It is selling for R9.5 million - click here to view.This is according to Simon Oliver, Seeff’s licensee for the area, who says the Marina comprises of five islands within a 45ha private estate in the Kowie River Estuary. It is gated with top-class security and also enjoys Blue-Flag status.
The islands are linked by arched bridges across the stone-walled canals. There are 355 stands, each with about 15m private water frontage onto the canals that are on average about 50m wide and 3.5m deep and flows into the Kowie River.
Oliver says there is a homeowners’ association that invests significant amounts in maintaining the infrastructure, security and facilities, including the roads, bridges and dredging of the canals.
Ant de Bruin, Seeff’s agent for the development, says the luxury homes in the development appeals to the upmarket buyer. Since the launch of the development, property values have grown year-on-year, and the Marina is certainly seen as a good investment.
De Bruin says prices in this area now range from around R3 million at the lower end to about R5.4 million for a spacious five bedroom house with river, bridge and small boat harbour views - visible right throughout the house.
This five bedroom house in Port Alfred offers four reception rooms, fireplace, underfloor heating, study and entertainment area. It is on sale for R12.8 million - click here to view.For a discerning buyer, there is a triple storey home with four bedrooms and a separate one bedroom cottage. The home is spacious, featuring large rooms and a main bedroom suite. Finishes include wooden blinds and shutters, fireplaces, wood and porcelain-tiled floors, underfloor heating, generous-sized terraces and a swimming pool. It is priced at R12.8 million.
Oliver says Port Alfred is a popular holiday and retirement spot and attracts buyers from all over the country. Upmarket buyers from areas such as Johannesburg and Pretoria - and even KwaZulu-Natal - are drawn to the laidback lifestyle.
“The climate is superb with almost year-round sunshine. Aside from the beaches and ocean, we have wonderful natural surroundings and plenty of outdoor leisure activities to keep you active. There is even world-class golf on offer right here in the town and we have a number of private game reserves in the vicinity,” he says.
Print
