WARNING: This is Version 1 of my old archive, so Photos will NOT work and many links will NOT work. But you can find articles by searching on the Titles. There is a lot of information in this archive. Use the SEARCH BAR at the top right. Prior to December 2012; I was a pro-Christian type of Conservative. I was unaware of the mass of Jewish lies in history, especially the lies regarding WW2 and Hitler. So in here you will find pro-Jewish and pro-Israel material. I was definitely WRONG about the Boeremag and Janusz Walus. They were for real.
Original Post Date: 2008-04-28 Time: 00:00:00 Posted By: Jan
Property owners in central Cape Town should be wary of getting too excited about the financial benefits of the 2010 soccer World Cup.
People with accommodation along the Atlantic Seaboard could make a killing when the soccer tournament rolls into the city, but it is too early to establish potential rates, according to most property agents.
It has been predicted that daily rates for holiday homes and private residential properties will be in the order of thousands of rands, but estate agents have warned against inflating the financial benefits 2010 will bring.
Sharon Cohen, Seeff’s agent for central Cape Town and the Atlantic seaboard, said larger properties in areas like Fresnaye already commanded up to R7 000 a day during peak season.
“Furnished self-catering accommodation will do well. People used to living in luxury won’t think twice of paying high amounts to get a certain standard of living,” she said.
Residents in Green Point were already making plans to rent their homes during the Cup, said Cohen.
Henry Schwulst, from Rawson, said people were also buying flats in the CBD with the idea of renting them out during 2010.
“Flats have 24-hour security, and that’s a big priority,” Schwulst said. Some home owners were even considering selling their homes for high prices.
A holiday home owner in Green Point said he had been contacted by Match, an organisation dealing with official accommodation for Fifa, which promised the house would have a 80% minimum occupancy. But he would not be able to charge more than 17% above this year’s figures.
He said he had not committed himself to it yet. “I’m going to keep my prices reasonable, but in line with other rates. I don’t want to get into some kind of bidding war.”
The owner of the St Johns Terrace holiday home, Bernie Lurie, said he had also not devised a price structure or made any bookings for the period.
Alan Duke, from the Protea Hotel chain, said they had been contracted to Match. Fifa would cater for four different markets: the teams, the sponsors, the media and the fans. Because the teams had not yet been selected, the fans could also not be determined.
“We know there will be a high demand, and rooms have been allocated. But next year we’ll have a better picture,” said Duke.
The internet is already flooded with advertising for 2010. Hot Property is one such organisation, setting up accommodation for overseas visitors and advertising for local establishments. Hot Property’s Peter Gunn said they had started receiving a stream of inquiries last June.
“We know of people who are making holiday arrangements so they can rent their houses out. We also have an agreement with some places, that if people put a deposit down early next year, they can pay that year’s rate,” said Gunn.