Beekman Group and Nedbank partner on leisure property finance solution
The Beekman Group and Nedbank have partnered to develop a financing solution that will make leisure property investing more accessible.
The cornerstone of this offering is Beekman Group’s sectional title product which provides investors with the opportunity to own luxury villas and suites at high-demand resorts across South Africa and Mozambique. With this plug-and-play solution, income from similar-sized units is pooled and shared which will results in consistent monthly returns while decreasing risks associated with vacancies.
The model introduces a ten-year bond option which allows investors to stretch payments and significantly lower the financial barriers to entry in the leisure investment market. Only a 15% deposit is required while the remaining amount is financed on flexible terms. Investors can opt for a six-month or twelve-month repayment plan or a Nedbank structured loan.
“By eliminating the need for a large upfront capital outlay, the Nedbank loan facility makes the leisure property market accessible to a much wider range of investors,” explains Pat Labuschagne, Executive Head of Sales at Beekman Group. “This investment opportunity offers a unique combination of income generation and lifestyle benefits, delivering up to 12% annual returns along with personal use at top resorts for up to 14 weeks each year.”
“This isn’t just about property investment, it’s about unlocking wealth and enjoying the lifestyle benefits that come with it,” says Wayne Beekman, Director of Beekman Group. “With our experienced team handling all aspects of rental management, investors can concentrate on enjoying the benefits, both financial and personal.”