To date, there is nothing in existence within KwaZulu-Natal comparable to The Pearls of Umhlanga. The Pearls of Umhlanga has seen tremendous capital growth, as it looks over the last 14 years where its first phase sold at 5500m² and is now fetching up to R70 000m². With a staggering 140% capital appreciation, it's clear that the Pearls of Umhlanga is a superior investment.
"It's unbelievable to think how much the Pearls of Umhlanga has escalated in value. We are yet to see any rival development reach such extraordinary results," shares Greg Cryer, Director of Pearls Sales and Rentals.
"Three years ago, we released Pearl Sky, the final phase of The Pearls of Umhlanga. Having already transferred 300 of the 400 units, we've seen 25% capital appreciation, with apartments selling at an average of R58 000m². What makes the Pearls of Umhlanga an undeniably superior investment is its position and proximity to everything you could possibly need; it's right on the beach, in the central upbeat Umhlanga area, has access to the Pearls Mall and residents can make use of an onsite doctor and emergency service," continues Cryer.
As a result of the exceptional return on investment achieved, a general trend has emerged that sees the migration of current purchasers from a primary residential market looking for secure and convenient lifestyles. The Pearls of Umhlanga has seen investors rarely letting go of their units, and as a result the sales and rental team is boasting an ever-growing waiting list, especially for the prime 3-bedroom, sea-facing apartments. This means that when the final opportunities within Pearl Sky are snapped up, it will be a long while until they come back onto the market, that's if they do. The Pearls of Umhlanga is self-managed and has a strong body corporate, who have been around from inception and have established a good relationship with homeowners and tenants.
With less than 15 units available within Pearl Sky, investing within The Pearls of Umhlanga will only see your capital appreciate while you lead an exceptional coastal lifestyle.