The Capital Hotels, Apartments, and Resorts is once again transforming Umhlanga’s iconic coastline with the launch of Pearls Shore, the highly anticipated seventh phase of the acclaimed Pearls development. Nestled along KwaZulu-Natal’s most prestigious beachfront, The Pearls has long been synonymous with luxury living. With Pearls Shore set to be completed between March and May 2025, the estate is poised to solidify its position as Durban’s most sought-after real estate destination.
Redefining Coastal Luxury
Marc Wachsberger, CEO of The Capital Hotels, Apartments, and Resorts, highlights the enduring appeal of The Pearls development: “For 12 years, The Pearls has consistently been the most successful development in our 12-hotel portfolio. We’ve almost always operated at 90% occupancy, and the overwhelming demand for this property inspired us to launch Pearls Shore in partnership with Pearls of Umhlanga Development (Pty) Limited.”
Reflecting on the estate’s legacy of value creation, Wachsberger adds, “Over the previous phases of development, we have witnessed significant capital appreciation, and we anticipate this trend will continue with Pearls Shore.”
Introducing Pearls Shore
Comprising just 44 exclusive apartments, Pearls Shore offers prospective buyers a rare opportunity to invest in Umhlanga’s premier beachfront property. Buyers can choose between a flexible variable lease or a fixed lease agreement, with all units benefiting from a three-year lease extendable up to nine years.
Residents will enjoy access to The Pearls’ world-class facilities, including multiple swimming pools, top-tier restaurants, vibrant bars, children’s playgrounds, and the adjacent mall. The development features two distinct unit types: studios and two-bedroom apartments, with projected rental income ranging from R159,000 to R300,000 per annum. Acquisition costs for these units start at R2,187,000, making them a compelling investment in one of South Africa’s most dynamic property markets.
A Legacy of Excellence
Since its inception in 2004, The Pearls has redefined Umhlanga’s skyline with its iconic towers, seamlessly blending luxurious residential spaces with retail, dining, and leisure experiences, all set against the breathtaking backdrop of the Indian Ocean.
Wachsberger notes, “Even during the challenges of Covid-19, the demand for The Pearls remained remarkably strong. We’ve worked to continuously enhance this development, bringing The Capital’s distinctive style to Durban’s premier beachfront.”
Pearls Shore promises to carry forward this legacy, combining innovative design, unparalleled comfort, and coastal charm that has become synonymous with The Pearls of Umhlanga.
Elevating Umhlanga’s Prestige
The launch of Pearls Shore is more than an expansion—it underscores The Capital’s dedication to innovation and excellence in South Africa’s hospitality industry. Designed to cater to both business and leisure travellers, this latest addition is set to elevate Umhlanga’s status as a premier global destination.
Main Image: Supplied
