Beachwood Coastal Estate - a landmark R3.5 billion development elevating Durban North’s prime coastline.

While the number of international buyers in residential property in South Africa remains relatively low, at somewhere in the region of three percent nationally, investors from elsewhere on the continent – including returning expats - retain their appetite for the acquisition of South African real estate for a variety of reasons.

Globally, people are prepared to pay a premium for properties in suburbs that have good schools, says Gareth Bailey, Pam Golding Properties area principal for Durban Coastal.

The year began with renewed confidence across all sectors of the financial and property markets.