With the release of apartments in Pearls Shore, the wait to own property at The Pearls of Umhlanga is finally over! We know investors have eagerly awaited the chance to own a piece of this exquisite property gem. Now, in partnership with The Capital Pearls, we are excited to introduce our final studio and 2-bedroom hotel apartments for sale within Pearls Shore.
Purchase exclusively with The Capital
This is a unique opportunity to purchase through our hotel partner, The Capital. When you buy, you’ll secure either a fixed or variable lease with The Capital Pearls as your long-term tenant for a 3-year term. The offer includes a furniture pack and a fully-managed rental solution, where you pay rates and levies just like any other property owner—without the hassle of maintenance and tenant management. Only 44 apartments are available in this final release.
Under The Capital lease, a fixed lease guarantees you a monthly income starting from R13 260 for a studio apartment. With a variable lease, The Capital shares 50% of the revenue after deducting costs for utilities, housekeeping, and data/DSTV. Average estimated variable monthly income for a variable lease is from R17 500 for a studio.
The Capital Pearls apartments
Each apartment showcases modern fixtures and finishes and includes a kitchen, bathroom and opulent views. Choose from studios that are Oceans Mall facing, sea facing or Cabanas Beach facing or 2-bedroom apartments that are sea facing.
These apartments are equipped with air conditioning, high-speed internet, and satellite television. The kitchens are fully equipped with high-end appliances, and the bathrooms feature designer finishes and fixtures. The Capital Pearls includes a furniture pack in your purchase ensuring that the apartment interiors match the style and sophistication of The Capital Pearls brand. Studio furniture packs are valued at R147 000 and 2-bedroom furniture packs at R200 000.
The Capital Pearls returns
Earn competitive returns with The Capital Pearls in the most sought-after tourist destination in KwaZulu-Natal. The Capital Pearls has historically achieved a high average occupancy rate of 90% across our apartments, with rates charged historically exceeding the market by 25%.
Studio units within Umhlanga have the potential to reach up to 95% occupancies* during peak periods. This is a tremendous achievement and due to the exclusivity of the rooms, the location on the Umhlanga Promenade and The Pearls of Umhlanga brand, our new apartments are expected to achieve price premiums on daily rates.
The Capital Pearls facilities
The Capital Pearls is the best hotel on the promenade. Guests are eager to book for that all-inclusive holiday experience. Guests are invited to indulge in the buffet breakfast and daily restaurant service. The resort-style pools are a must-see and the pool bar is the ultimate convenience with milkshakes and light snacks served right to your lounger. The concierge service at The Pearls of Umhlanga is a cut above the rest, giving guests that 5-star treatment. The Pearls of Umhlanga sees an increased value due to its mixed-use nature, offering everything from luxury apartments to shopping, beach access, dining, medical, recreation and a luxury spa.
Investor benefits
The Pearls of Umhlanga is a secure investment in sought-after beachfront real estate. In the period, from 2012 to 2022, the Umhlanga Rocks suburb has experienced a 45% capital appreciation. The area boasts consistently high occupancy rates, making it an attractive option for investors looking for a lucrative opportunity. With its unique combination of luxury, location, and investment potential, The Pearls of Umhlanga is the only choice for the ultimate beachfront buy, and that opportunity is now exclusively yours.
Why choose The Pearls of Umhlanga?
- Own sought-after beachfront apartments in Umhlanga Rocks.
- Iconic development status.
- Earn impressive rental yields due to the area’s high tourist occupancy rate during peak seasons.
- Gain significant increase in the value of your property due to the economic growth of the suburb and the status of The Pearls of Umhlanga.
- Own the final units remaining in Pearls Shore and enjoy a fully managed short-term letting solution.
Iconic Pearls
Owning property in The Pearls has become a symbol of prestige and luxury. The development is renowned for its world-class amenities and modern apartments, which attract both local and international investors to the sought-after Umhlanga location. The Pearls has featured apartments valued at up to R78 820 per metre square*. It goes a long way to show the immense value that the development has come to add to Umhlanga Rocks since it launched in 2004.
There have been many phases in the development’s 20-year journey. With each new phase, The Pearls continues to see immense demand beyond the expectations of property experts. The last phase available to the public was within Pearls Sky, which was launched in 2015 and completed in 2018, along with The Pearls Mall. Breaking all records in 2015, sales on launch day exceeded R1,2 billion, attracting investors within KwaZulu-Natal, as well as a long line of investors across South Africa and abroad. The launch of Pearls Sky saw queues of people from 10pm the night before from Gauteng, other African countries and Dubai.
In our final opportunities released, we launch Pearls Shore within The Pearls of Umhlanga, giving you the opportunity to invest in either a studio or 2-bedroom apartment. The choice to own is distinctly yours as many of our investors will attest to. Those who own within The Pearls of Umhlanga, rarely let go of their unit, as they enjoy significant returns with The Capital Pearls and robust capital appreciation.
Contact the Pearls Sales office to secure your investment in The Pearls of Umhlanga today.
*Source: Rainmaker Marketing Independent Research findings
