Kwa Zulu Natal Coastal Estates: The 3 Key Benefits of Buying Early in a New Development
KZN Coastal Estates: The 3 Key Benefits of Buying Early in a New Development
With the South African consumer confidence in the property market registering at its highest in a decade, many people are looking to buy – particularly within coastal estates offering in-demand security and lifestyle features. New developments present investors with significant benefits and long-term value, from first-time buyers to retirees.
“Purchasing property in the early phases of a development offers financial, personal, and lifestyle advantages that late buyers miss out on,”
Reece Daniel, developer of an eco-focused estate on the KZN South Coast.
“For young professionals looking to enter the property market, buying off-plan can be a more financially sound investment, while families and retirees enjoy the option of customising the home to their unique needs. However, no matter your phase of life or reasons for buying, those who buy early in a new and reputable development benefit from long-term financial gain.”
1. Highest Capital Growth Potential
Daniel explains that early buyers enjoy lower entry prices before infrastructure is fully completed, while maximising their return on investment as demand increases.
2. Choice of Premium Plots
Early buyers enjoy the advantage of securing the most plots on the estate that are best suited to their personal taste, whether for ocean views, forest access, or proximity to key amenities like nature trails and fishing dams. As Daniel explains,
“The longer you wait, the more limited your choices when it comes to plot selection. Early buyers have much more freedom of choice.”
3. Significant Cost Savings
He said early buyers also enjoy cost savings in the form of discounted rates and more flexible payment plans as sales get underway.
*Information provided by the publicist