Capital Hotels, Apartments and Resorts continues to reshape Umhlanga's coastline with the launch of Pearls Shore, the seventh phase of the acclaimed Pearls development. Spread beautifully along KwaZulu-Natal's most famous coastline, The Pearls has been offering unparalleled beachfront living for many years. Capital is currently expanding its offering with Pearls Shore, scheduled for completion between March and May 2025. This latest development further cements the property's position as Durban's premier real estate.
Mark Wachsberger, CEO of The Capital Hotels, Apartments and Resorts, said: We operate at 90% occupancy almost all the time and the demand for this property has led us to partner with the original Pearls developer, Pearls of Umhlanga Development (Pty) Limited, to create Pearls Shore. It has become. ”
He added: “We have seen significant capital appreciation so far in the development phase and we expect to see similar appreciation over the next year and beyond.”
Introducing Pearls Shore
With just 44 apartments, Pearls Shore is your chance to own one of Umhlanga's most sought-after beachfront properties through flexible variable or fixed lease agreements. All units come with a three-year lease, extendable for up to nine years. You also have access to all of Pearl's facilities, including multiple pools, restaurants, bars, playgrounds, and a mall. Pearls Shore has two types of bespoke units, studios and two-bedroom units, with acquisition costs starting from R217,000 and expected annual rental income of between R159,000 and R300,000.
legacy of excellence
Since its inception in 2004, The Pearls has reimagined Umhlanga's skyline with its striking towers, blending luxury apartments on the doorstep of the Indian Ocean with a vibrant mix of retail, fine dining and leisure facilities. I did.
Mr Waksberger said: “We were surprised by how popular this space was, even during the coronavirus pandemic, so we improved it further and added The Capital’s flair to Durban’s best beachfront. We have strived to bring
Pearls Shore promises to build on the legacy of its predecessor, offering the blend of design, comfort and coastal charm that has become synonymous with Pearls of Umhlanga.
bright future
The launch of Pearls Shore promises to be more than just an expansion. This strengthens The Capital's commitment to driving innovation in South Africa's hospitality sector. Catering to both business and leisure travelers, this latest development will further strengthen Umhlanga's position as a premier destination.
Source: The Capital Hotel
