Why this coastal region is becoming South Africa’s new property hotspot

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According to several real estate experts, this coastal region is becoming a serious player in the real estate game - here's why.

The Kwa-Zulu Natal South Coast is positioning itself as one of South Africa’s most prominent property hotspots.

Wenger, alongside local agents Barbara Jackson, Non-principal Property Practitioner of Seeff Hibiscus Coast, Danie Barnard, Property Practitioner of RE/MAX Coast and Country, and Trudie Koekemoer, Property Practitioner at KW Edge, have all explained why the South Coast has seen such a massive rise in demand.Security remains one of the essential aspects when purchasing a property in South Africa, with high-security estates in high demand.

“With the recent announcement that The South African Reserve Bank’s Monetary Policy Committee has decided to keep the repurchase rate at 8.25% per year, and with inflation easing to 5.4% in June, this is a good time to buy,” Wenger added.KW Edge’s Koekemoer said that a work-life balance remains a priority for many working individuals, which makes on-site facilities crucial.Additionally, healthcare facilities are essential.

 

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