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Port Elizabeth at a glance

Port Elizabeth is also known as the “the windy city” or “the friendly city” and is the second oldest city in South Africa. While the city is steeped in history and culture it is a bustling city with many businesses and industrial ventures.

Port Elizabeth residents are treated with some of the most pristine beaches in the Eastern Cape, making it a haven for many beach lovers and tourists. Residents of this fair city refer to themselves as laid back but the booming economy is evidence that the residents here are playing a vital role in the growth of South Africa’s economic future.

Along with the boom in the economy since the city played host during the Soccer World Cup 2010, the property market has also grown with the various types of property available. From houses which still bears its historic origins to modern townhouses, Port Elizabeth has it all.

Apart from the obvious beach activities available to residents, there is also a place for those who like to enjoy lazy sundowners, shopping, nature or sporting events. And the moderate weather which Port Elizabeth is known for also helps to lure people out of their homes over weekends.

The city is also home to the Nelson Mandela Metropolitan University which attracts many students to the city. And as the city claims: “you can get anywhere within 20 minutes” means that students and non-students always have something to do on their doorsteps.

Port Elizabeth Map
Latest real estate news in Port Elizabeth view all news in Port Elizabeth
Market & Opinion
Where is the housing market headed in 2021?
20 Jan 2021
After the worst economic downturn in decades, further dampened by the recent tightening of lockdown restrictions in response to the second wave of the pandemic and the recommencement of load shedding, economic growth – while admittedly coming off a low base - is still widely expected to show some positive growth of around 3% this year.
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Market & Opinion
Resilience of South Africa’s housing market reflects ongoing aspiration for home ownership
17 Dec 2020
Residential real estate, while also being impacted by the pandemic, has so far proven to be one of the more resilient sectors – as has been the case to date in South Africa where the residential property market has seen an earlier than expected rebound with momentum continuing, underpinned by 50-year low interest rates.
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Market & Opinion
Now more than ever, home buyers prioritise value for money
01 Sep 2020
With interest rates at historic lows and serious sellers asking realistic prices in the current market, home buyers and investors, including a high percentage of first-time buyers, have realised there is significant opportunity and value for money on offer at present.
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Market & Opinion
Eastern Cape’s housing market remains resilient despite the Covid-19 lockdown
27 Jul 2020
The residential property market in the Eastern Cape has remained surprisingly resilient during the unprecedented times the economy currently faces, says Pam Golding Properties.
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