Durban makes the 2018 African Wealth Report
When you drive within the suburbs of Umhlanga and see the immense development taking place, you immediately know there is investment and prime property opportunities on offer. The 2018 Africa Wealth Report reiterates this very essence as it unveils wealth trends in Africa over the last 10 years and reveals which African country is home to the wealthiest.
The 2018 Africa Wealth Report analyses 17 African countries and 23 African cities, and the total wealth held by all the individuals who live in them. The total wealth includes assets such as property, cash and business interests. Durban was a part of the top 10 cities, after Johannesburg, Cape Town, Cairo and Lagos.
The report notes that prime residential property is recognised as a popular asset for Africa’s wealthiest; making a development like Enigma Private Estate a first-rate residential investment. Enigma Private Estate offers a limited collection that consists of prime residential land in the heart of KZN’s popular node, Umhlanga. With steady economic growth and developer interest, this node proves to outperform surrounding regions year-on-year.
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