KZN South Coast Blue Flag beach status a good sign for property investment

KZN South Coast Blue Flag beach status a good sign for property investment

Last month, the KwaZulu-Natal South Coast once again received the title of highest number of Blue Flag beaches in the province.

According to the The Wildlife and Environmental Society of South Africa (WESSA), seven KZN South Coast beaches have achieved Blue Flag status while a further five have retained Blue Flag Pilot status.

This bodes incredibly well for the KZN South Coast property market, with local developers anticipating a rise in interest.

Sam Wenger, Development Director, Serenity Hills, a KZN South Coast eco-focused lifestyle estate said: “We have witnessed some positive momentum in terms of property sales this year, and achieving Blue Flag status at our beaches is a massive drawcard for investors.”

“One of the biggest drivers to the coast is the opportunity to enjoy the beaches and the many activities related to this. By attaining this globally recognised standard, we’re able to attract, not only local investors, but international investors who now have the assurance that this is a top-class destination.”

The Serenity Hills development near Margate received recognition after being honoured by President Cyril Ramaphosa for its contribution to national investment at the 5th South African Investment Conference (SAIC).

According to Wenger, coastal lifestyle is appealing for families as well as retirees, and business people who can now enjoy a flexible work life.

“The KZN South Coast is delivering on this with its Blue Flag beach offerings, subtropical climate, and affordable real estate investments that are unmatched in other coastal destinations,” Wenger said.

Residents of Phase 1 of Serenity Hills are already living at the 120-hectare coastal forest estate which is set to have 600 units that have ocean views, as well as amenities like a clubhouse, nature trails, fishing dams and recreational facilities.

Dr Vusumuzi Sibiya, CEO, South Coast Tourism and Investment Enterprise (SCTIE) said: “Serenity Hills has achieved well-deserved attention for its contribution to national investment, with many buyers from around the world attracted to both the quality of estate and lifestyle enjoyed on the KZN South Coast.

“It is joined by many other key property developments in the region which are undoubtedly gaining more attention following the Blue Flag beach announcement. We look forward to welcoming many new investors, because now’s the time to invest in the KZN South Coast!”

Along with Serenity Hills, Injabulo Lifestyle Estate, Renishaw Coastal Precinct inclusive of Renishaw Hills, Bahari Bay, and the Umdoni Point Coastal Forest Estate have joined the pledge to invest towards a total of R70.8 billion as a new property developments at the KZN Investment Conference in Durban.

Investing in the KZN South Coast

The KZN South Coast is a good position to leverage investment potential through the Eastern Seaboard Development Initiative with existing investor support offered by Port Shepstone Business Hub and the KZN South Coast’s One-Stop Shop.

The KZN South Coast continues to offer investment opportunities across a range of sectors including:

– Agriculture

– Property development

– Manufacturing

– Mining and Beneficiation

– Maritime/Ocean Economy

– Logistics

– Renewable Energy

– Hinterland Sites

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