South Coast Market
The South Coast offers a lifestyle for not only the young at heart, but also for the family that wants their children to grow up in a relaxed environment without the pressures of urban living. Seeing that the interest rates is at its lowest rate since 1975, coupled with rising business confidence, which in the first quarter of this year (2014) is at its highest level in over three years.
Never before has the oft-said statement that now is the right time to acquire property been more relevant, as indeed there are still good buys to be had, particularly as property prices in the main have remained relatively constant over the past year or so.
Due to the above the prices should start rising shortly – albeit reflecting modest growth, and there are many areas on the South Coast where properties continue to achieve sound growth in value, and will continue to do so, making the case for investment in property as valid as ever.
Geography:Margate is a popular sea side holiday resort town, found 120km south of Durban. Famous for its blue flag beaches and all year round warm weather, Margate is found on the KZN South Coast, which runs all the way from Scottburgh in the north to Port Edward in the South.
Holiday Destination:The holiday resort town of Margate lies on the Hibiscus Coast of South Africa’s KwaZulu-Natal about 120km from Durban, and is very popular with holidaymakers, particularly those from Gauteng. This holiday destination even rivals Durban in the popularity stakes, and it has excellent facilities, a great climate, the warm waters of the Indian Ocean and numerous attractions, both natural and man-made.
The Margate Beachfront is the main drawcard for visitors. Nearby towns that also boast attractive beaches include Ramsgate, Scottburgh, Trafalgar, Port Shepstone, Shelly beach and St Micheal’s-on-Sea
Location of Margate, KZN South Coast, Kwa-Zulu Natal, South Africa.
Entertainment: Margate has a wonderful stretch of beach that is popular with sun worshippers, surfers and swimmers and offers you wonderful views of the Indian Ocean. In season, the town is a buzz of activity, and the beachfront promenade offers restaurants, cinemas, an amusement park, a skating rink, and nightclubs. The annual Margate Air Show is a great attraction and many tourists come to the town to see the impressive aerobatic displays. If you are interested in art, the Margate Municipal Art Museum in the Civic Centre has a permanent collection of contemporary South African art and also hosts temporary exhibitions.
Weather: The year-round warm and temperate climate of this part of the Hibiscus Coast means that water sports are always popular with both the locals and visitors, and if you are a golf enthusiast, the Margate Golf and Country Club has one of the top 100 courses in South Africa.