Thinking of Relocating to the Coast, or Coastal Property Investment?
Dreaming of owning a family holiday home at the coast? Munster, and surrounding areas, have great potential for coastal property investment. Whether looking for a vacant lot on which to build your dream home, an existing home, or a “renovator’s dream”, the area has something for everyone.
A holiday home can provide the freedom to take a break at any time of the year without having to compete for accommodation, particularly during peak seasons. One may also achieve a return on investment by selectively renting the house out when not in use. Your holiday home also has the potential to become your retirement home, or to be re-sold for capital growth.
Property prices on the lower south coast, at present, are significantly lower than similar properties further north, closer towards Durban. This makes the properties in Munster more affordable and good value for money, with increased potential for capital growth in the future.
On the issue of affordability, why not consider buying as a family, or syndicate? In this way the capital and operating costs of your coastal property investment are then distributed, reducing the burden on any one particular individual. The property can then be shared, or proportionately rotated, for holidays, or rental (fractional ownership). Another alternative is to buy within a business syndicate. The property can then be used for incentives, or executive getaways.
No other agent understands the area better than our local Realtor. Please visit their website, to contact them directly: