3 Reasons Why Buying Vacant Land in an Estate Is a Good Investment
3 Reasons Why Buying Vacant Land in an Estate Is a Good Investment. Investing in a coastal estate benefits everyone, from first-time buyers to families and retirees. The common debate is often whether to buy a completed home or purchase land and build. While buying a ready-built home suits some, there are compelling benefits to buying vacant land.
“For long-term investors looking to create a home tailored to their specific needs and interests, buying vacant land is first prize,” explained Sam Wenger, Development Director of Serenity Hills, an eco-focused lifestyle estate on the KZN South Coast. “While newly built homes have advantages, they rarely meet every individual preference, so we’re seeing more discerning investors opt to buy land and build themselves. This is a worthwhile option for those who know exactly what they want.” Wenger highlighted three main reasons to choose land over a developed property in a coastal estate.
1. Lower Purchase Price
“Obviously, the biggest benefit is the upfront cost, as buying vacant land is initially cheaper than pre-developed property,” says Wenger. “Buyers will benefit from cost savings on transfer duty and municipal rates, which are based on the purchase price and property value. There’s also reduced financial outlay on maintenance expenses and home inspections, making land a great entry point into real estate for new investors.”
2. Creative Freedom
“While initial cost savings are a factor, the biggest advantage for investors is the creative freedom over home design,” Wenger continues. “While staying within the estate’s style guidelines, buyers can construct a home that aligns perfectly with their vision. There are no limitations imposed by existing infrastructure.”
3. Future-Focused Design
“Estates like Serenity Hills incorporate energy efficiency into all design choices, but building your own property allows you to maximise a future-focused, off-grid home design,” says Wenger. “From eco-friendly building materials to solar energy and water retention systems, you can make your home as energy-efficient as you choose. You can also plan for the future, such as young couples incorporating extra rooms for future children or home offices tailored to their lifestyle.”
Wenger noted that only a few vacant stands remain in Phase 1 of the 120-hectare Serenity Hills estate. Residents are already enjoying a nature-based, coastal lifestyle in this breathtaking setting. As part of the developer’s commitment to smart investments, Serenity Hills offers a curated selection of prime vacant land, with expert guidance available to help buyers choose land that aligns with their investment goals.
This eco-focused estate boasts modern amenities and state-of-the-art security, all set within a coastal forest environment, with many homes offering ocean views. Additional attractions like The Packshed, Sweetdale Night Market, and Sweet Gang & Friends Farm Stall provide residents with access to farm-fresh goods, home-baked treats, and handcrafted items.
