Jun
2018
Uvongo on the KZN Hibiscus Coast is a seaside holiday resort town and also a residential town of the greater Margate.
A mixed property usage in Uvongo ensures a constant movement of homes on sale. This of course in turn ensures growth of property values which is at the current market norm.
This mixed property usage also means a large income spectrum is drawn to Uvongo to invest or reside in.
It goes without saying that a large part of the market does consist of the second holiday home market as there is a limited commercial infrastructure in Uvongo and then also industrial activities.
This does not mean Uvongo is not a self-sustaining town by any means.
Uvongo hold a status as a middle-class to prestigious home market with the varied pricing structure seen in apartments, townhouses and freestanding homes.
For the well-heeled the exclusive apartment market has an appeal similar to Umhlanga without the large number of seasonal and annual tourist seeking a spot in the sun.
The popularity of Uvongo is increasing which is evident by the number of residential developments under construction at present particularly in the sectional title market. A large portion of this is of course permanent residence and some investors will jump in to capture this lucrative market.
There are a fair number of vacant stands available in Uvongo which is worth considering as the place to construct that perfect family holiday home as vacant stand values are by most measures highly affordable and offset against building costs this is a huge overall saving.
As a town Uvongo has all the important amenities in place like schools and mall and withy the benefit of tourist entertainment venues.
Here is a list of some of the nearby reputable schools; South Coast Academy, Creston College and Margate Primary School.
Take a tour of the homes in Uvongo via the Myroof web-site.
