PRESS RELEASE
For Immediate Attention
29 September 2022
There are endless real estate opportunities to be found on the KZN South Coast
“Real estate statistics for 2020 and 2021 leave no room for doubt: properties in various areas of South Africa’s coast are soaring in popularity. The idea of moving to warmer climes, enjoying stunning sea views and making the most of a relaxed way of life has been transformed from a pipedream to a priority.” – Jawitz Properties
Where South Africa’s coastline was once reserved for holiday venues and second homes, there has been a massive spike in the number of people buying primary residential property by the sea. And with its subtropical climate, fantastic swimming beaches, laidback lifestyle, and cost-effective market, the KZN South Coast offers incredible opportunities for those looking to invest in real estate.
“We have noticed a significant rise in interest recently in the KZN South Coast real estate, and we feel that the time is right for people wanting an affordable investment that will only grow in value,” said Phelisa Mangcu, CEO of South Coast Tourism and Investment Enterprise (SCTIE). “From the coastal region through to the hinterland where our agricultural opportunities exist, there are endless real estate investment offerings across the entire sector. As SCTIE, we’re ready to pave the way for local and international investors who are interested in doing business on the KZN South Coast.”
The interest in sea-facing residential properties is evident from recent reports. In a May 2022 Businesstech article, Dr Andrew Golding, chief executive of the Pam Golding Property Group said there had been a rise in coastal sales from 15% to 18% between 2020 and 2021. Likewise, the January 2022 Jawitz Properties piece, Properties on South Africa’s coast enjoy ‘wave’ of popularity, noted that the coastal market is more ‘robust’ than inland, with the Eastern Cape and KwaZulu-Natal ‘among the provinces that have enjoyed remarkable growth in the last two years.
Several Covid-19-related trends are driving investment in coastal real estate. Firstly, the ‘working from home’ trend whereby people are combining their residential and commercial activities for a live-work-play lifestyle. Children are accommodated in the green, open spaces and at the seaside, while parents enjoy working with a view.
Secondly, there’s the popular ‘semigration’ trend, whereby people are wanting to enhance their lives and lifestyles by moving to a different area of the country. In this case, it’s the seaside. The digital revolution means there’s no physical need to be residing near commercial hubs, yet the KZN South Coast also allows for accessibility to such hubs via the N2, Margate Airport and Durban’s King Shaka International Airport.
Thirdly, the isolated living experience prompted a desire to live away from busy city centres. Eco-estate living is dramatically on the rise, with the KZN South Coast primed for such sustainable developments. From retirement villages to family homes, which allow for a relaxed lifestyle with the benefit of safety and security. And with family living comes the need for investment in schooling, from pre-school through to the tertiary sector – another area with great investment potential.
But it’s not just residential property that’s available. The KZN South Coast has the space and demand for more commercial offerings, from retail to office parks. And with the manufacturing industry on the rise, plus the potential for a Port Shepstone Harbour, industrial property is always a great investment.
A subtropical climate and nutrient-rich soil have seen the local agricultural sector explode, with demand for homegrown products across the globe. The potential agritourism offerings have already been demonstrated in SCTIE’s establishment of the Agri-CULTURE Tours earlier this year.
The rural land is also becoming unlocked in terms of its property development potential. The current trend has seen a shift from renting coastal properties to building homes in the more rural inland areas, with a number of key development nodes emerging in Amandawe and Umthwalume, among others.
“There are so many advantages to investing in property on the KZN South Coast, from the healthy lifestyles afforded residents to the incredible ROI for those interested in investing in the area,” continued Mangcu. “We feel that the time is right for a real estate boom here, where property prices are currently incredibly affordable. This might not be the case for much longer.”
SCTIE has partnered with Trade and Investment KwaZulu-Natal (TIKZN) to create the One-Stop Shop which unlocks investment opportunities for potential investors and businesses. To find out more about this and the KZN South Coast’s many investment opportunities, contact 039 682 7944, email info@sctie.co.za or visit www.investkznsouthcoast.co.za.
To access previous SCTIE press releases, visit https://www.visitkznsouthcoast.co.za/category/press-release/.
/ENDS
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High resolution images are available upon request.
(Images: Supplied by SCTIE)
Renishaw Hills mature lifestyle village on the KZN South Coast.
(Image credit: Supplied by Renishaw Hills)
Renishaw Hills mature lifestyle village on the KZN South Coast.
(Image credit: Supplied by Renishaw Hills)
Serenity Hills eco estate on the KZN South Coast.
(Image credit: Supplied by Serenity Hills)
Serenity Hills eco estate on the KZN South Coast.
(Image credit: Supplied by Serenity Hills)
San Lameer Golf Course.
Margate Airport.
Ubumbano Homestead (Amandawe).
About KZN South Coast
Known as the ‘Paradise of the Zulu Kingdom’, the KZN South Coast stretches 120 kilometres from Scottburgh to Port Edward and inland to Harding. Here, the spirit of adventure can be discovered among the many cultural experiences, as well as the 35 nature trails and 58 beaches, ideal for activities like river rafting, abseiling, suspension bridges, paintball, surfing, SUP, canoeing, beach horse rides, shark cage diving and free diving. Nicknamed ‘The Golf Coast’, there are 11 golf courses on the KZN South Coast ranging in difficulty, with endless hiking, mountain biking and 4×4 trails for more rugged excursions. Promoting sustainability, the KZN South Coast has a growing agri-tourism sector that offers world-class produce and hosts tours and excursions. The region boasts a number of permanently managed Blue Flag beaches, and is home to some of the world’s top diving sites, Aliwal Shoal and Protea Banks. The originality continues with the annual Sardine Run, coined the #GreatestShoalonEarth, which is the largest biomass migration on earth and a marvel to witness. The region’s many nature reserves are inhabited by indigenous bird and wildlife, and it holds the title for ‘smallest desert on earth’, The Red Desert in Port Edward. The KZN South Coast is a fast-emerging MICE destination which also plays host to a number of high-profile events including the The Bike Fest, Uvukile Gospel Festival, Ugu Jazz, Ugu Film Festival and the South Coast Fever MTB & Trail Run Series.
Issued on behalf of:
South Coast Tourism and Investment Enterprise (SCTIE)
Disseminated by:
Olivia Jones Communications
For more information please contact:
Olivia Jones Communications
Cell: 083 653 1720
Email: media@oliviajones.co.za
