An increased number of South Africa’s affluent citizens are choosing to invest in second homes within eco- and wildlife estates.
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Indeed, it is the dream of many tourists and locals to encounter wildlife while enjoying a scrumptious breakfast, or standing on a balcony and marveling at the African sunset while the cheerful laughter of loved ones serves as soothing background noise.
However, there’s more to it than the aspirations of a wildlife enthusiast. According to Bizcommunity, a home in a wildlife estate is an excellent and profitable investment. It appreciates in value over time and can ‘pay for itself’.
There are a number of reasons why owning a house in a wildlife estate is a popular choice amongst those who can afford it.
These include being able to enjoy exclusivity with the benefits of nature. More and more buyers are seeking properties which offer the health benefits that come with living in nature, combined with luxury. Wildlife estates also offer good security, which is a deciding factor for most buyers.
Additionally, there is a general high demand for estate properties. According to New World Wealth (NWW), over 45% of the country’s high-net-worth individuals either live in estates or own homes there.
With increased demand and limited availability of these properties, there is great investment potential. As such, another core reason why people are investing in wildlife estate properties is to rent them out. In essence, these properties have great rental income potential as staying in a wildlife reserve is a top attraction for travellers exploring South Africa.
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