“Part of the appeal of Balize Private Estate is that it offers something for families at different life stages. From young singles or families with small children to retirees, all facets of the market have been considered in the design of the estate and facilities offered,” explains Peter Cameron, Balize Private Estate sales director.
Centred around an alfresco, coastal lifestyle, the facilities include:
- A clubhouse with showers, change rooms, a kitchenette and braai areas
With ocean views from every home, Balize Private Estate offers smart-ready two-, three- and four-bedroom penthouses, cabanas (apartments) and villas (simplexes and duplexes), each with 180-degree sea views and priced from R3 900 000.
- A resort-style infinity pool
- A babies’ pool, kids’ pool and play area
- Fire pits with braai facilities
- Catch-and-release fishing dam
- Landscaped gardens
- Double lock-up garage with storage
- A dedicated estate shuttle service to the beach
Primed for growth
Economically speaking, Balize Private Estate is placed within one of the country’s key growth nodes. The Sibaya Coastal Precinct has seen consistent growth since its ground-breaking in 2017, and significant acceleration over the last 12 months with R3.2 billion worth of sales having been transacted within the precinct. Based on current growth, these figures are only set to rise further with the completion of key infrastructure and retail and commercial nodes.
The surrounding planned amenities include a retail piazza, a sports complex, a private school (grades R-12) and university, medical facilities, hospitality nodes, retail and recreation nodes, as well as pedestrian access to the beach.
From an investment perspective, the Sibaya Coastal Precinct, and moreover Balize Private Estate, offers investors the potential for strong capital appreciation. The fact that Balize is a low-density secure estate only adds to its appeal and forecasted value. As early adopters, the developers of Balize Private Estate are giving their owners a way to ultimately extract the greatest value out of their asset and adapting their homes into smart homes will undoubtedly add value to their investment in years to come.
Sectional title and smart homes – the future is now
The FNB Property Barometer reports that the number of new townhouses and apartments nationally accounts for 60% of all new stock on the South African property market. “There is an ever-growing demand for sectional title homes, especially where security is guaranteed,” says Cameron, adding that with the new generation of buyers moving into the real estate market, together with increasing competition, developers are offering buyers a host of modern conveniences and attractive additions, among them smart-ready homes.
“A smart-ready home is the first step in having ultimate control of shaping your home environment to suit your lifestyle. A smart home is a home in which you can monitor, measure and control various aspects via smart appliances. All these appliances are connected to the internet and talk to each other through an app on your phone or tablet –that’s what makes them “smart”. They’re on a conference call with each other 24/7,” says Cameron.
“All our cabanas, villas and penthouses come smart-ready, which means you can customise your home to be whatever you want – from frivolous to functional – and you can potentially lower your monthly costs. What isn’t attractive about that? By living smarter and embracing the technological shift, you are buying yourself the time to just live life,” he continues.
US data shows the top reason for people opting to own a smart device in their home is to save time, followed by money. Smart devices can also track household energy consumption so there is a greater social conscience tied to the benefit of cost-saving. On a global scale, the most-used smart devices are locks and alarms – these equate for 63% of the worldwide total.
“Balize Private Estate benefits from triple-layer security, starting with living in the managed Sibaya Coastal Precinct, then the Balize Private Estate Security and the last layer, your own home security. However, having smart home security devices such as alarms, locks or CCTV adds the fourth layer and a whole new dimension of control. Being able to control access to your home remotely, and also to monitor activity, is a game-changer,” elaborates Cameron.
“We know that the demand for smart homes is growing. By turning your home into a smart home, you can potentially increase its market value up to as much as 7%,” says Cameron. The addition of smart devices introduces ease, convenience and a more savvy way of day-to-day living.
“Over the next few years, fibre-optic cables will be installed throughout the country. What that means is internet access for all homes in the decade to follow, with the quality of connectivity improving substantially. As it stands right now, 42% of internet users nationally experience connectivity speeds that are 90% faster than just last year. This is making quantum leaps, and everything else has to keep up with that; it is inevitable,” he concludes.