Serenity Hills, located in Margate on the KZN South Coast. Image credit: Serenity Hills
Renowned for its Blue Flag beaches and world-class dive sites, the KZN South Coast has long been a prime holiday destination, but the impact of the pandemic has seen people choosing to move to the coast, rather than just visiting.
This has resulted in a buoyant property market along the KZN South Coast, with more affordable pricing making this a key coastal destination.
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“The traditional model of working in the city and enjoying the seaside on holiday or retirement has been upturned, and people are now looking to live the holiday lifestyle through remote working or hybrid working models. From a property investment perspective, the KZN South Coast offers incredible value for money. Seaside property prices are comparatively lower than other South African destinations, with the Paradise of the Zulu Kingdom enjoying year-round subtropical weather and great facilities. We’re anticipating interest in local property to rise as people seek a ‘play here, stay here’ way of life,” commented Phelisa Mangcu, CEO of South Coast Tourism and Investment Enterprise (SCTIE).
Extending from Port Shepstone, the area’s economic hub, throughout the KZN South Coast, there are so many investment opportunities in the property market, as well as other key growth sectors.