PRIME REAL ESTATE
N
egatively impacted by the recession, the
coastal residential property market, in
particular the leisure market, has battled
to regain momentum in the prevailing challenging
economic trading conditions.
every week for work. The lifestyle offering and
climate in Durban are extremely appea ling,
particularly for young families raising children.
In KwaZulu-Natal Durban, Durban North and
La Lucia and the Durban beachfront, which attracts
both holiday and investment buyers, has seen an
increase in inquiries since the middle of 2013.
Often it is simply a matter of lifestyle choice
and families wanting to live in a less fast-paced
metropolitan area. Although many of our buyers are
from Gauteng, our market is still largely driven by
locals wishing to upscale or