Luxury South Africa Property Development tops Homes Overseas Awards 2006
Earning itself international recognition, in 5 Categories, Pezula, a leading property development of luxury new homes in South Africa, won awards for Developer of the Year (global), two Gold awards for Best Luxury Development and Best South African Development in addition to Silver awards for the world’s Best Golf Development and Best Sustainable Development.
Sponsored by British Airways, The Daily Telegraph and Moneycorp, the awards are judged by an independent panel of 33 property experts from members of the Royal Institute of Chartered Surveyors (RICS), UK based national property journalists and are one of a number of awards designed to highlight and recognise world-class new property development and international real estate projects.
Repeating its success from last year’s awards when it won Gold for Most Environmentally Aware Development (global) and Best South African Development, Pezula fought off stiff competition from a short-list of 50 properties in over 15 countries, to reign supreme.
In particular, the sustainable nature of the resort sets a standard for future development practice. Pezula’s dedication to restoring the fynbos (major vegetation of the area) and subsequent wildlife demonstrates that modern property development demands and a commitment to environmental awareness can work. Lower density homes is subject to detailed planning and environment approval to ensure the project remains in sympathy with the existing natural environment.
Pezula
A 1000 ha residential resort, The Pezula development offers 255 new homes; a world-class 18 hole Championship Golf Course and Club; a luxury Resort Hotel & award-winning Spa; the Field of Dreams sporting facility; an equestrian centre, bowling club and beach facilities. Pezula means ‘up there with the gods’ in African and is part inspired by a spectacular cliff top location at the heart of South Africa’s breathtaking Garden Route near Knysna, a secluded location close to Noetzie beach and river.
The development’s Botanical garden represents all the plants found in the afromontane forests of the Southern Cape and its ecotone; helping to immerse buyers with a natural respect for the resorts local paradise surroundings.
Property options include plots in Phase 3 of the private estate where plot prices start from a minimum of €218,000 while a three-bedroom home with good quality finishes and with all fees included (e.g. architects, engineers) will cost around €523,000. Alternatively there is an equity based investment offering fractional ownership limited to only 70 shareholders for use of a total of 5 residences in ‘The Residences’ which overlook the Pezula Championship Golf Course, with spectacular views of the Indian Ocean. You can also exchange usage of the Pezula Residences for usage in The Pezula Portfolio of International Residences, in destinations like the Bahamas, Mexico, Tuscany, the Caribbean, Canada, USA and UK.
For further details Contact Pezula direct or is being marketed by Cape Premier Properties
Country Notes:
Recent concerns by potential buyers in South Africa relate to a government report suggesting an imminent suspension on the sale of land to foreigners, until overseas buyer legislation is put in place. This is in part due to rapid price rises in South African property.
