The essential checklist for coastal property investors

If you’ve decided to invest in coastal property, you’re embarking on a journey that’s as exciting as it is rewarding. It’s also an endeavour that comes with a unique set of considerations that can make or break your return on investment. From choosing the right location to understanding how lifestyle appeal, accessibility and even technology can shape long-term value, coastal real estate requires a sharper eye than most markets.

Jawitz Properties has put together an essential checklist of the key factors that you need to evaluate when choosing a coastal property.

✔ Location
✔ Property condition and maintenance
✔ Lifestyle appeal
✔ Connectivity
✔ Rental and resale potential

Location

So you’ve decided to invest in a piece of South Africa’s stunning coastline – but where should you go? From the warm beaches of KwaZulu-Natal to the breathtaking beauty of the Atlantic Seaboard, you’re really spoilt for choice. The secret to success lies in balancing lifestyle with stability and financial return.

One of the pivotal points to consider is the area’s economic stability and municipal reliability. The area’s service delivery and infrastructure will go a long way towards making your investment property viable in the long term.

Another factor to consider is tourism demand and seasonal occupancy potential. Areas with consistently high visitor numbers and strong holiday-season occupancy will deliver more reliable returns. Locations with diversified appeal help to ensure that your investment property will be occupied throughout the year.

Proximity to airports and major highways should play a part in your choice of locale, as well as quality of nearby beaches, outdoor activities and natural attractions. The balance of accessibility versus exclusivity also plays a significant role. You want a property with the best of both worlds: easy access to amenities and a sense of privacy and luxury.

Property condition and maintenance

Salty air, humidity and strong winds can accelerate wear and tear on coastal properties. It’s important to assess the structural integrity of the building, the quality of materials used and any signs of damp or weather-related damage. Ongoing maintenance costs are typically higher at the coast, so it’s important to budget for regular painting, roof inspections and other maintenance. Well-maintained properties not only retain their long-term value but also attract tenants and holiday guests.

Lifestyle appeal

Lifestyle appeal is a major driver of demand in coastal markets, making it vital for investors to consider. Holidaymakers are drawn to locations that offer a blend of natural beauty, recreational activities and everyday convenience. Look for coastal areas that offer pristine beaches and things to do as well as shopping, dining and entertainment options. Understanding how people live, relax and connect with the area will help you to identify properties and locations that offer the best of both worlds. An experienced property practitioner will be able to help you in this regard. 

Connectivity

Many people have flexible work schedules and may choose to combine time away with work obligations. Ensuring that your property has fast, reliable internet connectivity will make it a destination of choice for many families. Before you sign an agreement of sale, do some research into the connectivity options that the area has to offer.

Rental and resale potential

Rental and resale potential should underscore every property decision you make – and especially decisions around coastal properties. Look for properties in high-demand locations with strong tourism appeal, good accessibility and outstanding lifestyle features.

Long-term resale value is influenced by factors like local market trends and development plans, as well as the property’s condition. Your property practitioner will be able to provide insights about historical sales and future trends in the area, which will give you peace of mind that you’ve made a sound decision.

The first thing to do if you’re interested in buying a coastal property is get in touch with Jawitz Properties. We’ve got an array of properties for sale up and down South Africa’s breathtaking coastline and we’ve got the experience we need to help you make a sound investment that will both create cherished family memories and enhance your property portfolio.