Real Estate Investor Magazine South Africa Real Estate Investor Magazine - August 2017 | Page 29

AFFORDABLE HOUSING Sustainable Solutions Containers prove their worth A quick look around the Mother City and one begins to understand the problem with housing in South Africa ‒ and the environment to boot. Overpriced and undersized apartments, hour‒ long commutes, and wasted land combine to create a perfect storm for a housing crisis. Add to this an ever‒ growing tourism market, and it’s no wonder many are left scratching their heads for a solution. Cape Town isn’t alone in this struggle. A global housing crisis has emerged, with a dramatic increase of those looking to move to urban areas. This has led to some interesting innovations ‒ and a shift in how accommodation is approached. One such example, popular in Europe, is the conversion of shipping containers into houses. An ideal low‒cost housing solution, recent years have seen it become a bit of a trend amongst the wealthy. Customisation is key The possibilities are endless, according to local container‒conversion specialists Berman‒Kalil Housing Concepts. As Alicia Kalil explains, they’ve provided converted containers to several high‒earning clients to be used for everything from AirBnB solutions, guest accommodation, to primary family homes. With several customisation options, including stacking more than one container to create a larger dwelling, adding various levels of luxurious finishes, and the possibility of taking your conversion completely off the grid, it’s not difficult to see why this is becoming so popular. This last point is particularly relevant in South Africa, where national power supply and natural resources aren’t always as reliable as we’d like it to be. Practical considerations In most cases, you’ll have to get planning permission from your local municipality prior to placing your www.reimag.co.za converted container on your property. Kalil reassures us that many municipalities are already on board, having realised that this solution offers a realistic alternative to traditional homes. The convenience of having a fully‒completed home, kitted out with your personalised specifications, is what will draw many customers. It’s also good to know the full cost of the home up‒front, removing the inevitable frustration that accompanies conventional building projects. For those concerned about living in a metal box in famous South African summers: fear not. Container conversions have excellent insulation, meaning you probably wont event realise that you’re not living in a brick house. The eco-element Merely by converting a container, rather than letting it rust into oblivion, you’re recycling 3000kg of steel. It doesn’t end there, however. Kalil explains that any materials cut out to create windows or doors are used in other places in a conversion. Examples include steel‒ framed decks, wall panels, and even extended roofs. Steel also offers the advantage of being fire‒resistant, with all materials used having received a good fire rating. We’re only just scratching the surface of opportunities for container‒homes in South Africa. With a critical shortage of affordable housing, there is a clear opportunity to create a sustainable, affordable, and attractive solution. Kalil claims that, after three years in the market, they’re experiencing increased interest from low‒income households. SOURCES Berman-Kalil Housing Concepts, Home Times, Huffington Post. AUGUST 2017 SA Real Estate Investor 27